Watkins Thomas

Making An Offer

The offer process
If your offer is accepted we’ll guide you through the buying process through to completion

  1. Appoint a solicitor

    Once your offer has been accepted by the vendor, you will need to appoint a solicitor to take care of the legal side for you. We would always recommend using a local solicitor where possible as you will usually find them easier to get hold of.

  2. Sale agreed

    When the seller’s estate agent has the details of both parties’ solicitors and anti-money  laundering documentation, they will confirm that the sale is agreed, subject to contract. You will receive a Memorandum of Sale to confirm this.

  3. Mortgage Application

    You will need to complete your mortgage application to ensure you raise the funds necessary, at which point the mortgage company will conduct a mortgage valuation on the property to ensure they agree with the sale price.

  4. Conveyancing process

    There are multiple steps that the solicitor will conduct throughout the process including drawing up of contracts, applying for searches and raising enquiries.

  5. Exchange & Completion

    Contracts will be exchanged between the buyers and sellers solicitors and a completion date set. On completion day, once the vendors solicitor has confirmed they have received all the funds for the purchase of the house, they will call us to let us know we can release keys to you and you will be able to collect the keys for your new home!