Saracens Blog

What no one tells you about buying your house

Mortgage Solicitor in London

There is a persistent rumour that buying a house is always stressful. There can be a certain amount of pressure within the process because, as much as anything else, it’s normally a big life decision. However, one of the main reasons that people have difficulty is because they feel that they don’t have a lot of control over the process.

At Saracens Solicitors, we can help you feel like you have more input into the process. As well as keeping you informed at every stage when we are acting as your mortgage solicitor in London, we also offer you some tips below so you can get involved in the purchase or sale of your home.

You can renegotiate the price

You found your dream home, put in an offer and had it accepted. The next logical step is to have a survey done. What if the news from the survey is not good? It may seem like a blow if it turns up something unexpected but you can turn things back in your favour through renegotiation. At Saracens Solicitors, we can help you with this process when we are acting as your mortgage solicitor in London. You can either ask for work to be completed on the property before exchanging contracts or you can ask for a reduction in the price. This will give you a bit of extra room in your mortgage offer. You can discuss using this money to fund alterations with your mortgage company.

Small mistakes can lead to long delays

There is a chain of information that exists when you are buying or selling a home. If there is an error in your paperwork or you have not disclosed something that could hold up the process, it can take a while for this to come to light. By that time, a few weeks or more could have passed and this has a knock-on effect on the whole process.

At Saracens Solicitors, we do what we can to make your obligations clear and prevent this from happening when we are acting as your mortgage solicitor in London. Do check your paperwork thoroughly and remember to ask us if there is anything you are not sure about.



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