Austin & Roe Independent Estate Agents will be delighted to help you find your next home. Our team have gained years of experience in the industry and therefore have extensive knowledge of the local property market and surrounding areas. We can help you search for and discover the perfect property for you. Once registered with us, we will keep you updated and notify you when a new property is available on the market, enabling us to book you a viewing as soon as possible.
If you decide to sell your property, we can offer a no obligation valuation and book an appointment with our resident mortgage advisor, Jason Davey from Just Mortgages, to discuss your next move.
We would recommend this as the first step before you start making plans for your next property move. Jason will be able to assist you with your financial arrangements and decide the best way forward for you.
Remember, you will also need to take into account other costs when purchasing a property, such as stamp duty, legal fees and removal costs, as well as any home improvement expenditure.
After making an offer that is accepted, Austin & Roe will request to see your financial information and check your ability to proceed with the purchase. Once all information has been checked and verified, we will send written confirmation to all parties concerned.
The next step once your offer has been accepted would be to instruct a solicitor to assist you with the legal and conveyancing process of the move.
Once instructed, your solicitor will then take action and instruct the necessary searches, follow up with questions, check through relevant documentation and deal with the finances of the transaction. This can take between 4-12 weeks depending on how complex the transaction is and whether any issues have been raised from the searches and if any further investigations need to be carried out.
If you are having a mortgage to help buy your next property your lender will arrange a mortgage survey. This is to satisfy themselves on the purchase price which has been agreed on. After the survey has been carried out and if you have concerns, you should then commission a RICS (Royal Institution of Chartered Surveyors) survey to identify issues that may need attention.
Up until the point of exchange you can withdraw from the purchase if the survey or searches identify any problems which affect your decision to buy. Once the contracts are exchanged your purchase is legally binding, and a completion date will be set.
The completion date is an exciting day when the property becomes your new home! The estate agent will have to wait until they receive confirmation from the solicitors that the transfer of the monies is complete before they can provide you with the keys.
The current SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land and properties.
You pay the tax when you: