What is the process of buying a property (an apartment) in London?



  • What is the process of buying a property (an apartment) in London?


  • EXPERT

    1. Organize your finances and establish moving costs – legal fees, lender fees, and broker fees.
    2. Organize a mortgage pre-approval if necessary and find out how much you can borrow.
    3. Find a property through an agent or buyers agent.
    4. Get it under offer once you or your buyer's agents agrees on a price with the seller.
    5. Find a solicitor for conveyancing and due diligence.
    6. Survey and mortgage offer (if necessary)
    7. Exchange of Contracts and pay a deposit (usually 10%) and agree on the completion date.
    8. Completion