Have a look at the most frequently asked questions we receive here at The Sell New Group:
Where is the best place to search for a property?
Approximately 95% of home movers start their property search online, so this is by far the most popular and rewarding place to begin your property buying journey. You can browse the widest number of potential properties available in your chosen location on a desktop, tablet or even mobile phone from the comfort of your armchair.
How much can I afford to spend?
This will depend on your individual circumstances. We would recommend that you make a free appointment with a mortgage advisor who can help you work out how much could afford each month for your mortgage and any associated insurance costs.
How much does it cost to buy a house?
There are a number of costs to consider when buying a property such as mortgage fees, surveys, conveyancing, removal charges, etc. Our trained advisers will be able to give you a better understanding of all moving costs – why not talk to us today?
What is stamp duty land tax?
Stamp duty land tax is a tax paid by the buyer on all properties over £125,000.
How do I know how much to offer?
You could look at recently sold, comparable property in the local area to get a feel of what property is generally selling for. Speak with the team at The Sell New Group for their opinion on your offer, and whether they believe it will be successful. They will have an idea of what the seller of the property will accept.
What does exchange of contracts mean?
Exchange of contracts is the point at which you are legally bound to buy the house and nobody can back out of the transaction.
Does offering on a property commit me to buying it?
No. You are not legally bound to buy a property in the UK until you exchange contracts, usually at the end of the sale. However, your financial adviser will be able to talk you through when your offer becomes legally binding as there are some exceptions
What are the different types of survey and what do they do?
There are three different types of survey available and depending on the age and condition of the property depends on which type would be most suitable for you. The lender you choose may also request you have a survey if they think the property has structural problems.