Buying a Residential Property:

Buying a property can be a lengthy and complex process and at times result in unexpected outcomes. Our experienced team acknowledges the importance of continuous advice and support throughout the process. With this in mind, we have prepared a brief guide explaining the buying process in 9 basic steps. Our designated sales consultants will be available for any enquiries “7 days a week”. Our aim is to effectively guide and accommodate you in all possible ways, at all possible times.

Buyer's Guide:

1- Decide on the basics

It is always a good idea to do your preparation before starting the process of viewing properties. At this stage, the potential buyer should have a defined list of requirements about the property they are looking to buy. Once this is established, the search can start.
Another vital part of this first stage is to establish your finances. The right properties are usually highly demanded and receive offers within days. Additionally, it is important to establish how much you can afford to spend and target the right properties, without wasting your time.
If you require a financial advisor, we will be able to recommend some of the mortgage brokers that we work with. Please ask us for further information.

2- Find the right property and make an offer:

The process of viewing properties is vital to finding the right place. Hence, being first to see the new properties will ensure you are first to make an offer on a property.
Our user friendly and state-of-the art website will offer you a wide selection of properties to choose from. We recommend you register online by using the tools on the website to contact us or request a call back from our Sales team.
You will be allocated to your Sales representative who will assist and guide you throughout the entire process, until you find the right place for you.
If you find a property that you like, the next stage is to make an offer, which we will present to the Vendor.

3- Secure a mortgage

Your City Property works in congestion with a number of mortgage advisors who will search the entire market to find the best mortgage deals and rates for our buyers. We would recommend that any financial arrangements are done as early as possible, to ensure any offer ends with success.

4- Choose and instruct a solicitor

We have a number of credited solicitor and conveyance firms that we would recommend our buyers. Please ask our sales team for further information.

5-Choose and instruct a surveyor

Your City Property can assist you with choosing your preferred survey and recommend a reputable surveyor.

6-Local searches.

Next step of the process entails the arrangement for local searches by the solicitor. Any unusual queries are normally raised at this stage with the Vendor's solicitor.

7- Agree dates and sign contracts.

At this stage of the process, you sign the contracts and agree a completion date. The deposit is transferred to the vendor’s solicitor, and signed contracts are sent to you by the Vendor.

8- Exchange of contracts

This is the final stage before completion and formal handing over of the keys. Once the exchange has taken place, both parties will wait for the completion date.
The period between exchange and completion vary, but it is usually 4 weeks.
At this stage the agreement becomes legally binding and the deposit paid by the buyer is non-refundable. The vendor is now legally obliged to sell the property at the agreed price.

9- Completion date and handing over of keys.

Once the remaining balance of the money is transferred from the buyer’s solicitor to the vendor’s solicitor, the property legally changes ownership.
As soon as the confirmation of the money transfer has been received, all relevant documents, deeds and keys will be ready for collection.