Buy House St Day, Cornwall

A Decision in Principle shows how much you may be able to borrow at what rates. a home's condition, recent sale prices and current interest level when deciding your offer amount. Formally submit proposed terms in writing via your chosen estate agent. The seller can accept, counter or reject it. Be prepared to negotiate respectfully.  Most mortgages require a survey assessing a property's structure and condition. Stage 1 surveys focus on major issues like foundation problems. Stage 2 surveys provide a detailed condition report. Upgrades repairs identified accordingly. After offer acceptance, you must return a signed contract by a specified date, normally 1-4 weeks. This legally binds both parties to the agreed sale price on completion day. You'll pay a deposit, usually around 10% of the price. 2-4 weeks after exchange, all outstanding funds are transferred. St Day are released, and the property is officially yours to move in. With preparation and patience, it allows you to purchase a house smoothly and with confidence.