Guide to buying your new home
Register with us
The London housing market is very competitive.
By registering your requirements we can help you be the first through the door of all newly listed homes.
Before you begin your property search you will need to establish how much you can spend.
Our recommended mortgage company has access to the entire market, as well as exclusive deals and rates. Please click here to find out more.
Are you selling too?
If your move will involve selling your current home we recommend your current property is on the market before looking for a new home.
Being ready to sell and on the market could place you at an advantage.
Find the right property
With new listings frequently added, we will help you find the right property.
We will also keep you constantly up-to-date via email and text alerts.
Making an offer
Once you find your perfect property you can make an offer.
At this point you may need to demonstrate that you can proceed by providing evidence of your mortgage in principle.
There are no legal obligations on either side until contracts are signed.
Instruct a solicitor
A successful purchase relies on an efficient and experienced solicitor.
We have a team of solicitors that we can highly recommend.
Once your offer is accepted, we will do the following:
• Prepare a memorandum of sale to purchaser and seller
• Confirm the agreed price with all parties
• Confirm your solicitor & mortgage details
You will now need to instruct your solicitor to proceed with the conveyancing process and your mortgage broker to proceed with your application.
As part of the conveyancing process your solicitor will do the following:
• Raise any enquiries on receipt of the draft contract from the seller’s solicitor
• Request their own local searches
• Agree on a date for exchange of contracts
We will assist your solicitor and negotiate throughout the process, keeping you informed every step of the way.
Survey and mortgage offer
A survey of the property will be booked by a surveyor on behalf of the mortgage lender to report on the structural status of the property and to advise on the property’s value.
After the mortgage valuation report is received, a formal mortgage offer will be sent to you and your solicitor which you will need to sign before it is returned.
There are no legal obligations until contracts are signed.
Exchange of contracts
Exchange of contracts occurs when all enquiries have been confirmed and agreed.
Once the contract has been signed by both parties the deposit will be transferred online or paid in the form of a banker’s draft from your solicitor to the seller’s solicitor.
The completion date is then set by mutual agreement.
Completion is when the residual monies are transferred from your solicitor to the seller’s solicitor’s account.
We will release the keys once the money has cleared in the seller’s account and we receive confirmation from the solicitor.
Congratulations, you are now the legal owner of your new home!
Opal Property Services will be on to hand over your keys and a bespoke ‘welcome to your new home hamper’
Request a call back
Use this form to request specific information about a property or to request a call back