Pay deposit (together with initial deposit paid, total deposit normally equals 10% of the property price) and government stamp duty via the solicitor.
Obtain approval from bank on mortgage loan.
Solicitor will arrange for the signing of the Assignment Deed and Legal Charge on or before completion date.
After all legal documents have been signed, the solicitor will notify the bank to disburse the mortgage loan amount to the seller via the solicitor on the completion date.
Receive key of the property – transaction complete.
The home buying process is completed, you can move into the new home.
You can consider purchasing a Home Care Plan to protect your household contents.
Mortgage
