As residential conveyancers here at Whitehead Monckton we are pleased to report an upturn in property market activity. Good news for all homeowners and new Buyers.
Mortgage rates are improving giving us all more confidence to make those life changing decisions.
When considering a sale of your property being prepared is key: having the appropriate documentation in place if you have carried out any alterations or renovations such as planning permissions, building regulation completion certificates, electrical, gas or fensa certificates can save you so much time and avoids unnecessary enquiries being raised by your buyers’ representatives. With any leasehold sale make sure you have the Landlords consent for any alterations, make sure any service charge and or ground rent is paid up to date. Obtain an up-to-date management pack.
When purchasing ensure that all financial matters are in place with a mortgage agreed in principle if required; this also avoids disappointment if you find the home of your dreams and then can’t afford it; try to avoid lengthy chains, generally a transaction will take 8 to 10 weeks to process from offer through to completion, this can be achieved a lot sooner if everything falls into place. Equally this can become protracted with a longer chain and all parties in that chain having their own agenda. Very frustrating.
It can be such an exciting time when buying your first home and indeed when there are both sale and purchase transactions. Whatever the circumstances we are here to assist and guide you, explaining in detail what is required of you or from you, alleviating the processes to reduce any stress and time, we know you want to be in your new home yesterday and that is what we want to try and accomplish with all possible speed.
We are here to help you achieve your goal.