Let Estate Agents Nottingham help you decide on which type of Survey you need:

Once your offer has been accepted the mortgage company will carry out their valuation on the property and may contact us at Estate Agents Nottingham. However, you can choose from three types of survey; a mortgage valuation, a home-buyers survey or a full survey:

• Mortgage Valuation is carried out by the estate agents or mortagage provider to assess whether they are prepared to lend you money to buy the property. It is a brief report on the property, they can often lower the valuation by 15% of the asking price, this is because they are always more cautious, after all it’s their money that's buying the property.
• Estate Agents Nottingham favourite home-buyers survey - this type of survey is made available by the Royal Institution of Chartered Surveyors in the 1980s to bridge the gap between the basic mortgage valuation and a full structural survey. It is a more detailed report on the condition of the property.
• Full Structural or Building Survey Report - this is a very detailed report, it goes a few steps further than a home-buyers report and is recommended for a property that is particularly old.
• Visit Estate Agents Sheffield for more nearby properties.

 

Estate Agents Nottingham - results

The results of your survey may highlight problems with the property that require specialist quotes to be carried out, i.e. damp etc.

Estate Agents Nottingham - What happens next?
Once your offer has been accepted the mortgage company will carry out their valuation on the property. However, you can choose from three types of survey; a mortgage valuation, a home-buyers survey or a full survey:

The vendor's solicitor supplies a draft contract and title deeds on the property to your solicitor.

Your solicitor arranges for local searches and raises any queries with the vendor's solicitor regarding the contract or title deeds. Once your solicitor is satisfied you then proceed to signing of contracts and agreeing a completion date.

You provide your solicitor with the deposit, in the form of bankers draft, building society cheque or cash.

Signed contracts are sent to your solicitor from the vendor.

Things to arrange at Exchange of Contracts

• Arrange a removal company - The British Association of Removers can give you a list of approved removal firms. The association inspects and vets these firms. As prices can vary, we recommend that you obtain three quotes and of course ask friends or family if they can recommend a removal company. The British Association of Removers telephone number is 020 8861 3331.
• Arrange buildings insurance - Building insurance must be arranged from the date of exchange. Again, shop around for quotes, as they do vary greatly from company to company.
• Contact service providers - Make sure you notify the gas, electricity, water companies and council of the date that you move into the property.

 

Estate Agents Nottingham

Completion takes place on the agreed date. Your solicitor will pay the remainder of the purchase price to the vendor's solicitor, once the monies have reached the vendors solicitor. (This can take all day despite the fact that your solicitor's may have sent the monies first thing in the morning), the vendor's solicitor confirms that the sale is complete. A call is placed from the vendors’ solicitors to Estate Agents Nottingham informing us of the completion and authorising us to release the keys to you.