Saracens Blog

Make your dream a reality

Mortgage Solicitor in London

For many people, buying a home represents the fruition of hopes and dreams, especially as for many these days, getting on the property ladder is increasingly difficult. It’s not just bricks and mortar, it’s a secure place to rest and call home.

At Saracens Solicitors, as a mortgage solicitor in London, we recognise this. We know what an emotional journey buying a home can be, which is why we do everything we can to make the practical side of it as easy as we can for you.

There’s a few different types of buyer that we work with. Here’s an overview of three:

First home owner

If you fall into this category, you are well-placed to get the home you want, because you don’t have to wait to sell an existing home and can move fast when the right place becomes available. As your mortgage solicitor in London, we will guide you through the maze of legal documents, so you know exactly what you are signing on the dotted line for.

Auction

Buying at auction can be great way to get a good value home, though it might need a bit of work, so be prepared for that. You’ll also need to be ready to pay a 10% deposit on the day.

Be sure that you know what you are getting yourself into. Get the legal pack from the agent before the auction and do your research if there’s something that takes your eye. It may seem romantic to rock up to an auction and land a bargain with a winning bid, but if you don’t do your due diligence beforehand, you could be left with a money drain. Send the pack over to our mortgage solicitor in London so they can prepare a report for you. This makes sure that there are no nasty surprises at your property of choice. We will carry out property and environmental searches before auction day.

Shared ownership

This is great if you don’t have the funds to buy outright but want to get a foot on the housing ladder. Housing associations offer various different part-mortgage, part-rent deals, and you may even be able to buy the house outright at some point.



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