To proceed with exchanging contracts, we will need the following:
Signed Contract, Lease and Plan (if applicable): All purchasers must sign the contract.
Deposit Funds: The deposit (typically 10% of the purchase price, or as agreed) must be transferred to us in cleared funds before we can exchange contracts.
Mortgage Offer(if applicable): If you are using a mortgage to purchase the property, we will need to have received a formal mortgage offer from your lender and reviewed its terms to ensure everything is in order. We will also require the signed Mortgage Deed.
Search Results: All property searches (such as local authority, environmental, and water and drainage searches) should be completed and reviewed. Any queries or concerns arising from these searches should be resolved.
Enquiries Answered: Any enquiries that we or you have raised about the property with the seller should be fully answered.
Agreement on Completion Date: Both parties must agree on a mutually acceptable completion date, which will be specified in the contract.