We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Buying a new build and how it works? advice pls
ally12
Posts: 4 Newbie
hey
how does buying a new build home work from start to finish
what i have to do and what others do.
1,find a place
2,A agreement in principal (moratge)
3,make offer
4,place reservation
5,speak to a mortage Broker/s
6,instruct a solictor conveyancing
7,exchange contarcats as have heared new build companys want contracts exchanged within 28 days
8,accept mortage offer (offers last 3-6 moths ?) and hope theres no delay on finish date. have heard mortage lenders will extend the offer if there is delay on finish date
9,pay a deposit on home (5% etc) to builder through conveyancing solictor
10,conveyancing rest search for your mortage lender/offer
11,final payment
is it this order/different way or have i missed something?
any advice would be great
how does buying a new build home work from start to finish
what i have to do and what others do.
1,find a place
2,A agreement in principal (moratge)
3,make offer
4,place reservation
5,speak to a mortage Broker/s
6,instruct a solictor conveyancing
7,exchange contarcats as have heared new build companys want contracts exchanged within 28 days
8,accept mortage offer (offers last 3-6 moths ?) and hope theres no delay on finish date. have heard mortage lenders will extend the offer if there is delay on finish date
9,pay a deposit on home (5% etc) to builder through conveyancing solictor
10,conveyancing rest search for your mortage lender/offer
11,final payment
is it this order/different way or have i missed something?
any advice would be great
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.6K Work, Benefits & Business
- 600K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards