Finding your first home can be a very exciting time in your life. When you start searching for your house, you need to plan carefully how much you can spend and consider how much it will cost to run the house with a mortgage.
You should consider your financial situation and how you’ll cope if your situation changes for any reason. Another thing to consider is that as well as the deposit on the house, you will have to pay mortgage fees which can be anything from nothing to £2000.
Here at Saracens Solicitors, we understand that such a life-changing investment needs to be carried out with the utmost care and attention. This is why we recommend the aid of our mortgage solicitor in London to make sure your adventure into the world of property runs smoothly.
Full guidance with our mortgage solicitor in London
Navigating the world of mortgages can be a complicated task. Our team at Saracens Solicitors offer personalised services to find the right deal for you.
If you are looking to buy your property from an estate agent or at auction, we have the right kind of help for you. Once you have found your ideal property, it’s time to make an offer. We will keep you informed of every single development along the way to securing your property and mortgage.
It’s important to have a mortgage solicitor in London look into your chosen property to check if there are any restrictions to the property. We can also check with the local council to find out if there are any planning issues that might affect the property’s value.
Getting into your new home
The next step towards living in your new home is the valuation survey. Usually this is done by the lender. This is to check the property is worth the price you are paying.
It’s also a good idea to have the property surveyed in case it needs any expensive repairs that could catch up with you further down the line.
Once all of the paperwork is complete, you can finalise the offer and exchange contracts, making you the new owner of your own property.