The Property Buying Process Explained

The Property Buying Process Explained

What areas of buying a property do
we cover?

What Is The Property Buying Process?

You find the home you wish to buy. You agree the price via the estate agent with the seller. If you are having a mortgage you now apply to your chosen lender with the property details. (You will probably have a mortgage promise already at this point.)

Contact our Client Service Advisors for an estimate of costs to help decide which solicitor you would like to instruct.

Once you have decided, you need to pass the solicitor’s details on to the estate agent and your lender. The estate agent will issue a Memorandum of Sale to both the seller’s and buyer’s solicitor.

We will issue you with a Client Care Pack which includes our Terms of Business, a request for proof of identity and payment on account for searches.

You will need to sign and return the Terms of Business and provide the requested information to enable us to start work on your purchase.

    Get In Touch Today


    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Further Steps To Buying Property

    buying a property advice

    You ensure your mortgage application is moving along and your lender is arranging the survey on the property for valuation purposes. You may also want to consider arranging your own survey at this stage.

    The seller’s solicitor will send us a Contract together with a copy of the deeds and a Property Information Form and Fittings and Contents Form which will be checked (and copied to you) and we will raise any queries necessary.

    We will order the searches to be undertaken on the property. Searches are compulsory if you are having a mortgage. They are advisable on a cash purchase also but not compulsory. We will review the search results and again send any enquiries necessary to the seller’s solicitors.

    When you receive your formal mortgage offer, we should receive our copy at the same time. We will draft the final completion statement and include details of any charges and payments required. At this point we would advise the lender of any third party payments (e.g. parents gifted deposit) and discuss with you if a co-ownership agreement is needed.

    Once we receive all search results, your mortgage offer and replies to any enquiries raised we will prepare a Purchase Report for you. We will send you the Purchase Report, the Completion Statement, and any documents you may not have seen as yet, and will ask you to make an appointment to see us to discuss the matter in detail, sign the documents required, discuss payment details for the deposit/balance due and finally, agree a completion date to suit you.

    We will contact the seller’s solicitor to agree the completion date. Once we are in receipt of deposit funds from you and the completion date is agreed, Contracts will be exchanged and the completion date is fixed.

    We will request the mortgage funds from your lender – they usually require five working days notice. Any final balance due from you will also be requested at this time. Completion Day: We will send the purchase price to the seller’s solicitor by bank transfer. Once received by them they will release the keys and we will inform you at that time by telephone.

    After completion we will arrange payment of your stamp duty (if required) and also apply to HM Land Registry to register the property as yours. Once this is finalised you will receive a copy of your Title Information Document from us and your lender will also receive a copy.

    “The service we received from the team was outstanding. They went above and beyond for us which made our experience of buying our first home as stress-free as possible. Would highly recommend.”

    What Our Clients Say

    Our customers have a number of great things to say about working with us. Here’s just a taster.

    “The team at Hanley made the process very easy for buying and selling a property. Everything was explained step by step with a very clear language I could understand. Thank you!”

    Meet Our Property Buying & Selling Team

    Contact Us To Discuss The Property Buying Process

    If you are looking to buy a property, or simply to gain some advice on the process involved, then feel free to get in touch with our professional Property Buying & Selling team using one of the contact numbers provided.

    We would be more than happy to help.

    Contact us or today or visit a local branch

    Hanley: 01782 956123

    Newcastle: 01782 955123

    Sandbach: 01270 449106

    Leek: 01538 710247

    Latest News

    Explore our content hub, dedicated to the best news and views from Tinsdills and beyond.

    The Most Popular Questions For The Property Buying Process

    Yes. A solicitor will raise enquiries on your behalf, review the
    contract and prepare a transfer deed. They will also deal with the
    submission of a return and payment of SDLT. Further, the
    solicitor will deal with the post completion formalities at HM Land

    This depends upon the property, whether there are any difficulties
    to overcome (i.e. title defects, adverse search results, etc). A
    general timeframe is usually around 6-8 weeks.

    The keys will be made available following completion i.e. once the
    purchase funds have been paid to the seller’s solicitor. This is
    the date upon which the physical move takes place.