❔ How do I know how much I can borrow? How much deposit will I need?
Speak to a financial adviser, who can advise on all aspects of a mortgage including how much you can borrow and what deposit you might need. We have a team of Financial Advisers with whole of market access to mortgages to get you the best deal possible– book an appointment here.
❔ How do I book a viewing?
If you find a property you want to view, simply call, email or pop in to the Whitakers branch handling the sale. Our team will arrange the viewing for you.
❔ Will the homeowner be there when I view a property?
In some cases you’ll meet a Whitakers Estate Agents representative at the property, in other cases the homeowner will show you around. It depends if the seller has requested accompanied viewings or prefers to do it themselves. Either way, feel free to ask as many questions as you need.
❔ How do I place an offer?
Offers can be made in person, over the phone or by email and our property consultant will complete a ‘confirmation of offer’ form.
❔ Can I view the property again after making an offer?
Yes, you can book as many viewings as you like, providing the seller agrees.
❔ Is it best to sell (subject to contract) before looking for properties?
It’s entirely your choice, there’s no right or wrong answer. Some people prefer to look for properties first, but you will be in stronger position as a buyer if you have already secured a sale (subject to contract) on your current property.
❔ If I have an offer accepted does that mean the property is secured?
Unfortunately not, there are a lot of things that can go wrong after an offer has been accepted such as a chain collapse or surveys and searches providing unexpected issues. Around 28% of sales across the UK collapse after an offer has been accepted – our rate is consistently lower because our staff are committed to work with all parties to prevent the chain from breaking down.
❔ What is gazumping?
Gazumping is when somebody makes a higher offer than one which has already been accepted.
❔ What will happen after I’ve had an offer accepted?
Our sales negotiators will guide you through the next steps in the sales process.
❔ How do I find a solicitor?
We can put you in touch with one of our recommend partners from our panel of local solicitors.
❔ How long will it take to complete the purchase?
It’s impossible to say but even if there is no chain, it can take around eight weeks to complete local searches and exchange contracts. Often it can take months, especially if there is a complex chain.
❔ What happens on moving day?
Once all parties are in agreement, your solicitor will send the completion monies (e.g. mortgage sum and deposit) to your seller’s solicitor, who will then ‘release’ the keys. Your solicitor will be able to update you on the day and confirm a time that you will be able to pick up the keys from the Whitakers office responsible for the sale.