Row of traditional English terraced houses in Crouch End of London
Old fashioned typical Victorian terraced town houses architecture in London, England, UK. These residential homes are often turned into apartment flats
For Sale estate agent sign displayed outside a terraced house in Crouch End, London

The House Buying Process

STEP 1 – INVESTIGATE YOUR OPTIONS

First things first!

Speak with a Mortgage Broker to find out:
What are the costs of moving or buying?
How much you can borrow?
How much you can buy for?
How much your monthly repayments will be?
Get an Agreement In Principle from Sutton Mortgage Solutions.

STEP 2 – FIND YOUR DREAM HOME

This is the fun part. Get yourself out there and view as many properties as you can…
Arrange viewings with Estate Agents.
Negotiate on the property (don’t forget to start low. You can always go up but you can’t come down)
Agree a deal with the seller.

STEP 3 – TIME TO APPLY

We will give you advice and submit all the applications on your behalf.
Apply for your mortgage and protection.
Instruct your solicitors – we can help put you in touch with a local solicitor we work closely with to ensure everything runs smoothly.
Your Mortgage Broker will send off all your documents to the lender for them to review.

STEP 4 – MORTGAGE OFFER

The importance of dotting the i’s and crossing the t’s. Make sure there isn’t a stone left unturned. Once your valuation has come back and documents accepted by the lender, a full mortgage offer will be produced.
We will review your mortgage and protection arrangements with you to make sure you’re happy with everything.

STEP 5 – INTRODUCING YOUR CASE MANAGER

Now your mortgage has been offered, a copy will be sent to your solicitor to review.

Whilst this happens the solicitor will be busy collating all the information ready for your ownership.

We know you are extremely busy so by using Sutton Mortgage Solutions you’ll have a dedicated case manager who will provide you with regular updates from your solicitor and will help walk you through the often confusing legal process.

STEP 6 – EXCHANGE CONTRACTS

This is a vital part of the process and it’s all legally binding. We will help you get to this period as quickly as possible.
Before you exchange you’ll need to sign a mortgage deed, a contract and a transfer of equity form.
This is when your deposit is transferred to the solicitors and it becomes legally binding… Time to relax!

STEP 7 – COMPLETION

This is the most exciting part of the process… Time to take the first walk in your lovely new home!
This can happen either the same day as exchange or usually up to a week or so after exchange however, it might be longer depending on others in the chain or if it’s a new build.
Time to pick up the keys, put the kettle on and have a cuppa in your new home!

Then most importantly… Don’t forget to leave us a review and recommend us to friends and family!

Request a call back.

Whatever your need, please leave your details and we’ll give you a call back.

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    YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

    Some Buy to Let mortgages are not regulated by the Financial Conduct Authority.

    The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it.

    Sutton Mortgage Solutions LTD is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited, which is authorised and regulated by the Financial Conduct Authority.  Just Mortgages Direct Limited Registered office: Colwyn House, Sheepen Place, Colchester, Essex, CO3 3LD.  Registered in England No: 2412345. 

    Approved by The Openwork Partnership on 19/01/2023.