When you reserve your home with us it will be removed
from the ‘for sale’ list and we will provide you with a
“provisional” legal completion date. A provisional date is
given as there are a number of factors which are beyond
our direct control, which can affect the construction process
of your home, for example, this can be anything from the
availability of materials/services and unexpected delays
caused by adverse weather conditions. We will endeavour to
manage these variable elements as best we can and please
be assured your Sales Consultant will keep you updated
on a regular basis with regards to any possible changes.
At the point of reservation you will be required to sign a reservation form, confirmation of deal, any extras, choices forms, reservation checklist.
ANY VERBAL COMMUNICATION/AGREEMENTS ARE
ALWAYS IN WRITING, TO PREVENT ANY CONFUSION.
A solicitor, or licensed conveyancer, will normally be required to handle the legal aspects of the purchase transaction. This involves carrying out local authority and land registry searches, explaining the details of the contract to you, calling down the funds from the lender (if required) and exchanging and legally completing your purchase.
Most firms will:
Your solicitor will require full details of your purchase,
including any mortgage arrangements, together with the
agreed date for exchange of contracts.
Using a solicitor or conveyancer that someone has recommended will give you the confidence that they will do a good job. We work with a panel of experienced solicitors and we are able to recommend a local one to you that is familiar with the development and local area.
Please speak to your Sales Consultant for further details.
If not already available and you require a mortgage you
will now need to submit an application and valuation fee
(where applicable) to your chosen lender.
We partner with a panel of Independent Financial Advisors who understand our business but work on your behalf to ensure that you get the best mortgage advice possible. Please ask the Sales Consultant on your development for their contact details.
Once your lender’s details are available we would
appreciate receiving these, along with application
progress reports until a formal offer is made, which usually
follows the valuation process. As soon as a formal mortgage offer is made please inform your solicitor and Sales Consultant.
Once your solicitor has received all of the documentation
pertaining to the purchase of your new home you will be
asked to sign a legally binding contract. Contracts will
then be exchanged and the legal completion will be in line
with the Terms of Contract.
You should refer to your solicitor should you require
further guidance or explanations of this process.