Once you have searched for and found a property you would like to buy, and have agreed on a price with the seller, the whole moving process can still take time. Often buyers, especially first time buyers don’t know what the process is, so here will will talk you through what happens once the offer is made and accepted.

Once you have made an offer, you’ll need to instruct a solicitor. It is likely that your mortgage provider will arrange for their own survey, however if you decide to get your own survey done, you’ll need to instruct one.

Your solicitor will then receive the contract package, and will issue the local authority and other searches. Once the contract package has been approved and any additional enquiries raised, it is sent to you to sign. Any additional queries are responded to by the seller’s solicitor.

The contract is sent to the buyer to sign along with the mortgage deed and other paperwork. The deposit is then required. Once all signed and the returned, and the deposit cheque has cleared, you will negotiate a moving in date, and the solicitors will make sure everyone in the chain is ready to move. The contracts are then exchanged.

The transfer deed is sent to seller’s lawyer for signing and the mortgage advance and balance of purchase monies (including fees) is requested from you. Once paid and received and the final Land Registry and bankruptcy searches have been made and cleared, you are ready to move into your new house.

This process can be held up by a number of reasons though. If the survey returns, showing that the house has been over-valued, it could mean that the mortgage provider is unable to offer as much as previously offered, so renegotiation or a higher deposit could be needed. Also, if you are unhappy with the findings from the survey, this can result in renegotiation.

The Conveyancing Process