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What are the stages of purchasing a new house?
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Mjl11
Posts: 13 Forumite
We aren’t selling a property but are waiting for a final offer on
A mortgage for buying a new build house. We’ve had our mortgage in principle and then the underwriter proceeded and asked us a few questions which we’ve replied to. Apparently now the valuation has been instructed so our agent should hear by the end of next week. Other than this, when can I expect an offer? When what’s been done? And then what are the stages?? I’ve got no clue. What do the solicitors arrange? I thought that was the valuation? Please explain
A mortgage for buying a new build house. We’ve had our mortgage in principle and then the underwriter proceeded and asked us a few questions which we’ve replied to. Apparently now the valuation has been instructed so our agent should hear by the end of next week. Other than this, when can I expect an offer? When what’s been done? And then what are the stages?? I’ve got no clue. What do the solicitors arrange? I thought that was the valuation? Please explain
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Comments
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There are books on the topic of buying houses, you can't go wrong with this as a starting point
https://www.moneysavingexpert.com/mortgages/mortgage-guide/
your paying your solicitor, so you can always ask them as well regarding the process"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
https://www.amazon.co.uk/How-Your-First-Home-Sell/dp/0091935377?SubscriptionId=AKIAILSHYYTFIVPWUY6Q&!!!!!duckduckgo-ffsb-uk-21&linkCode=xm2&camp=2025&creative=165953&creativeASIN=0091935377
https://www.amazon.co.uk/Help-Im-buying-house-practical/dp/1719901287?SubscriptionId=AKIAILSHYYTFIVPWUY6Q&!!!!!duckduckgo-ffsb-uk-21&linkCode=xm2&camp=2025&creative=165953&creativeASIN=1719901287
https://www.amazon.co.uk/How-Buy-Property-Simple-Millennials/dp/1976072735?SubscriptionId=AKIAILSHYYTFIVPWUY6Q&!!!!!duckduckgo-ffsb-uk-21&linkCode=xm2&camp=2025&creative=165953&creativeASIN=19760727350
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