FREQUENTLY ASKED QUESTIONS

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You can start by determining your budget, getting pre-approved for a mortgage,

and working with us to find suitable properties.

 Freehold properties give you ownership of both the property and the land it sits

on, while leasehold properties grant you ownership for a specific period, subject to

lease terms.

Additional costs may include stamp duty, legal fees, property surveys, mortgage

arrangement fees, and moving expenses.

Yes, you can negotiate the price of a property. It's common for buyers to make an offer below the asking price and negotiate with the seller.

A property survey is an assessment of a property's condition. While not mandatory, it is recommended to have a survey done to identify any issues before purchasing.

Solicitors or conveyancers handle the legal aspects of the property purchase, including property searches, contract review, and the transfer of ownership.

The buying process can vary, but it generally takes around 8-12 weeks from offer acceptance to completion.

In some cases, you may be able to back out, but it depends on the terms and conditions of the offer and any applicable legal requirements.

Gazumping occurs when a seller accepts a higher offer from another buyer after already accepting your offer. To minimize the risk, consider securing the purchase with a deposit or engaging in a "lock-out" agreement.

A mortgage agreement in principle is a conditional offer from a lender, indicating how much they may be willing to lend you. It helps provide assurance to sellers that you can secure financing.

Help to Buy is a government-backed scheme aimed at helping first-time buyers. Eligibility criteria apply, and it's worth exploring the specific details to see if you qualify.

It may be more challenging to secure a mortgage with a bad credit history, but there are specialized lenders who cater to individuals in such situations. Seek advice from a mortgage advisor.

Consider factors such as proximity to amenities, transport links, schools, and potential for growth in property value when choosing a location.

Look out for signs of dampness, structural issues, and check the condition of essential features like the roof, plumbing, and heating systems.

The exchange of contracts is when both parties become legally bound to the transaction, while completion is when the property officially transfers ownership,

and the keys are handed over.

Yes, you can make changes to a property after purchase, but check if any planning permissions or building regulations apply to the alterations you have in mind.

Yes, there are various schemes and incentives available, such as SharedOwnership, Help to Buy, and Stamp Duty exemptions. Research these options to see if you qualify.

A chain refers to a sequence of property purchases, where the sale of one property is dependent on another. A long chain can introduce delays and uncertainties into the process.

Yes, you can buy a property jointly with another person, such as a partner or friend. Ensure you understand the legal implications and seek advice from a solicitor.

If issues are found during the survey, you can negotiate with the seller to address the problems or request a reduction in the property price to cover the costs of repairs.