What are the key steps when buying your new home?

Buying a home can feel overwhelming. Brevis makes the process clear and guides you every step of the way.

  1. Work out how much you can afford and how much you will need for a deposit.
  2. Apply for a mortgage in principal from your chosen lender, which confirms they are willing to lend you an agreed amount for a property..
  3. Start to view properties in person and get to know the best areas for you to live.
  4. Find ‘the one’ and make an offer to the estate agent. Mentioning you’re a first time buyer if you are one could be an advantage.
  5. Offer accepted! Apply for a mortgage from your lender and find a solicitor or conveyancer to help you with the legal process.
  6. Get a survey. Most surveyors provide 3 levels of survey – a condition report, a HomeBuyers report and a building survey. Choose the right one for you.
  7. Your conveyancer will arrange searches, which can include local authority, environmental and water searches, to help avoid any potential issues.
  8. Swap your contracts with the home seller (exchange), transfer money and collect your keys (complete) – Congratulations! You’ve bought your new home!

Please note that all information provided in this FAQ is for general reference only. It should not be used as a sole or definitive source, nor is it intended to be used for decision making in place of appropriate advice from a qualified legal professional. As such the information is provided as-is and Brevis cannot accept any responsibility or liability for any loss or damage resulting from any errors or ommission in, or any reliance on, information contained in this guide.