Buying Advice

Whether you have bought a property before or you are new to the process, there are various stages to go through before getting the keys. Whatever your buying position, it can still be a daunting and confusing journey, so at Ashington Page we make sure we are on-hand to help you every step of the way.

Find out how much you can borrow

To help you keep a realistic budget in mind, it is always advisable to establish how much you can borrow first before searching for your dream property. There is nothing more disheartening than finding your ideal home, only to find you can't afford to buy it.  Apart from your mortgage, there are other additional costs which can impact your buying power, such as the deposit payable on the exchange of contracts, stamp duty, legal costs, survey fees and removal costs.

Ashington Page are happy to recommend to you a professional mortgage advisor who will search the whole of the market to find the best deal for your needs. Prior to this, you may want to get an approximate idea of how much you can borrow by using our mortgage calculatorOnce you have identified this figure, you can then establish what the stamp duty payable on a future purchase would be by using our stamp duty calculator.

Making an offer

You have found your perfect home, so before you make an offer, make sure you know exactly what is included in the price.  Although items such as curtains, carpets and integrated appliances may be mentioned in the property brochure, there may be other items that could be negotiated with the vendor. Our sales team can do this on your behalf to ensure you have all the correct information before putting in an offer.

The legalities

This stage of the process is called conveyancing which is the legal process by which ownership of the property you are buying is transferred from the seller to you. There are some excellent solicitors in the area, so to help you find the right one, contact our sales team on 01494 680018. Once you have instructed the solicitor, they will set in motion all the legal aspects of the purchase. 

Sold subject to contract (SSTC)

Even though you have put in an offer which has been accepted, it will always remain subject to contract until you have exchanged. Up until this point, either party can still pull out of the deal.  

Exchange of contracts

The period leading up to exchange of contracts is quite often the most stressful time of buying a property, as it can take several weeks. To help reduce this tense part of the process, we manage the whole sales cycle, keeping in close contact with you, the seller and both sets of solicitors. Our sales team will keep you informed every step of the way, so you don't have to worry. At the time of exchange, you will have to pay the deposit, making the sale legally binding.

Completion

Depending on how quickly the solicitors process the paperwork, it can take another few weeks before you complete on the purchase. At this stage, you will be given the keys to your new home and can move in.

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