There are lots of stages to buying a property. Once you have got your deposit saved up, you will then need to secure a mortgage, and you can then start the exciting process of looking for a property that you want to buy. Once you have put in an offer and it has been accepted however, you might think this is the end of the process – but now there is an exciting wait for your new home.
At this point, you will need to make sure that you have a solicitor who can handle the legal side of the transaction like this Cheltenham conveyancing company. You will need to complete an identity check in order to stop money laundering, and you will also need to fill in some forms.
Your solicitor will then work with the seller’s solicitor to ensure that everything is all sorted and that you can become the legal owner of your new property. This typically takes around 12 weeks; however, this can often be more or less, and depends on the other circumstances of the sale, and whether you are in a chain or not. However, your solicitor will keep you in the loop and up to date.
This is a time where you can ensure that you get everything else organised ready for your move. Start packing and arrange a removals company, and you can also set up things for your new property such as your utilities and broadband installation for example.