It is advisable to consider how you will finance your property before you begin your property search. Confirming how much your money you will have to fund your purchase will influence your property search. Manors can put you in touch with a reputable mortgage advisor to discuss and arrange your finances, if necessary.

Register with Manors; call us on 020 7486 5655, email us sales@manors.co.uk or drop in and speak with one of our experienced sales team. You can talk with us about your requirements and we will work with you and offer advice and guidance throughout the process.

Once you have registered with Manors, we will keep in touch by phone and email with relevant properties. Our office is open 6 days a week and will do our best to accommodate a time of day that is convenient for you to view properties of interest. Working closely with a member of our sales team, we will answer any questions you may have.

Once you have identified a suitable property to buy, we will advise that you speak with an effective and efficient lawyer. We can put you in touch with a recommended lawyer in the local area. We will inform the Vendor of your offer both verbally and in writing. If at stage of offer you can demonstrate that your finances are prepared and your lawyer is instructed, the credibility of your offer is enhanced.

Once your offer is agreed, we will introduce the solicitors acting for both buyer and seller to each other in writing with a memorandum of sale. We will also send a copy of this memorandum to the seller and buyer confirming the agreed sale price. Upon your offer being agreed, your mortgage valuation survey should be instructed through your mortgage advisor or bank. Searches should be applied for through your solicitor and the conveyancing process will begin.

We will be on hand every step of the journey through the conveyancing process. Your solicitor will apply for searches and will raise enquiries to the seller’s solicitor on the draft contract and supporting paperwork. We will communicate and assist between parties throughout the process and will negotiate and manage expectations on timeframes.

There are no legal obligations until exchange of contracts. Exchange of contracts occurs when all enquiries have been confirmed and agreed and when both buyer and seller have authorised the exchange. Both buyer and seller will sign the contract and the buyer places a deposit (usually 10% of the purchase price) with their solicitor. The completion date is set and confirmed upon exchange of contracts.

Completion is when the legal ownership of the property transfers to the buyer. This occurs once the total of the purchase price (usually the remaining 90%) is transferred from the buyer's lawyer to the seller's lawyer. Completion cannot occur until seller's lawyer confirms receipt of the total purchase balance. Keys will then be released to the buyer. Congratulations on the purchase of your new home!