We guide you through the 8 steps of the home-buying journey
Saving the Deposit
Lintil outlines the best saving methods to adopt and shares hints and tips which will help streamline your mortgage application at the next step. This step can be the most difficult but we have a plan for you to make it as stress free as possible. It is a good time to have a look at the government grants that are available to you.
Applying for a mortgage can be daunting and complicated. At this point we always recommend you talk with an independent mortgage broker, we will introduce you to the best in the market. They have access to all lenders so you know you will get the best rate available.
Mortgage Approval in Principle
Once you have mortgage approval in principle you can start the property search, such an exciting time. Lintil helps you navigate the viewing process so you know who to ask and what to look out for whether it is pre-owned houses you are interested in or new-builds where 9 times out of 10 you will be reviewing off-the-plans.
Making Bids - Pre-Owned
Bidding can be frustrating and very stressful when trying to evaluate what offer to make while also enduring the difficult to navigate bidding wars. Lintil gives you helpful tactics so you can formulate a strategy to become the winning bidder. At this stage we always advise that you line up your solicitor, Lintil will introduce you to the market best.
Registering your Interest - New-Build
The process with new-builds is a little different. At this phase you are identifying the developments that are of interest to you in your key locations. Generally an estate agent will manage the sale of the development on behalf of the developer so you can ‘register your interest’ with them. On the launch day you will be notified and acting fast at this point is key to securing ‘Sale Agreed’ status on the property.
Reaching this step is a real milestone. You will pay a booking deposit at this point which is fully refundable should the sale not go ahead. Your solicitor will begin the conveyance of the property now. The priority for this step is to have a property survey complete to check the structural integrity of it. We will help you to discover the best surveyor for the job and introduce you to them. You won’t need to get a surveyor or snagger for a new build property at this point, this check will be required after the house is built and contracts are signed.
Survey Completed - Pre-Owned
Your solicitor will be working away in the background checking title deeds and organising the contract ready for signing. In the meantime it is important that you have a good look at the surveyors report to make sure you are happy with the property you are about to purchase. Having your insurance quotes lined up is required now we will help you discover and get a quote from the best service providers on the market.
Contract Signed - New-Build
The main event of the legal process is you signing the contract. When purchasing a newly built home, signing the contract typically happens before the house is built. The is often termed ‘buying off the plans’. The Contract for Sale binds both parties i.e. you and the seller, to the completion of the sale. For a contract to be binding the Standard Law Society Conditions of Sale and Contract for Sale must be in writing, signed by both parties and exchanged (i.e. the buyer and seller) and a consideration such as the deposit paid, with newly built homes this can a combination of the deposit paid to the estate agent and your Help to Buy grant (if you are eligible). Having your insurance quotes lined up now is very important and we will help you discover and get a quote from the best service providers on the market.
Contract Signed - Pre-Owned
The main event of the legal process is you signing the contract. The Contract for Sale binds both parties i.e. you and the seller, to the completion of the sale. For a contract to be binding the Standard Law Society Conditions of Sale and Contract for Sale must be in writing, signed by both parties and exchanged (i.e. the buyer and seller) and a consideration such as the deposit paid. The deposit paid will be non refundable. The contract will describe the specific area of land being sold, the names of the parties, identify the property in the sale as well as the price agreed. At this point it is a good time to get your utilities and alarm lined up, we will introduce you to the best companies that service this space in the market.
Send Snag List to Builders - New-Build
We will help you line up a surveyor to complete a snag list, which is a list made up of items that have yet to be completed or rectified. Remember to check that each item off the snag list has been completed after the builders have finished. At this point it is a good time to get your utilities and alarm lined up now that you are very close to moving in. We will introduce you to the best companies that service this space in the market.
You’ve gotten your keys! It’s time to celebrate. We make sure everything goes smoothly on Moving Day.