One of the best feelings in the world will be receiving the keys to your new home. It is a symbol of how hard you have worked and saved to reach this point, and it will open the door to many exciting years in your dream property.
However, the mortgage process can sometimes feel long and complicated, which can lead to much stress and frustration. To help you receive those sought-after keys sooner rather than later, find out how to quickly buy a new home.
Quickly Compare the Different Mortgage Options
There are now many excellent comparison websites that allow budding homeowners to review different mortgage options. They can ultimately help to speed up the process, as you can compare the varying rates in one location before reaching out to a mortgage provider to organize an agreement.
Make a Good Offer
If you have your heart set on a property and want to speed up the process, you’ll need to make a seller a good offer. While you don’t need to offer the purchase price necessarily, a figure close to it is more likely to be accepted. However, you must only make a home offer that complements your finances.
Consider Online Conveyancing
Meetings and phone calls can make the mortgage process more stressful than it needs to be. If you want to enjoy a hassle-free experience from start to finish, you’d be smart to consider online conveyancing services, which will allow you to communicate with your lawyers via email, Skype and various online tools. It means you will not need to wait for a phone call or meeting to receive an answer to your question, so you can quickly and easily move on to the next step in the process.
Hire a Surveyor Once You Have Found a Property
If you want to move in quickly, you need to act swiftly. Once you have found your dream home, you will need to hire a surveyor to review the property immediately. They will visit the property to perform a home inspection and will examine both the condition and quality of the building to ensure it is free from problems and complements your offer.
Immediately Return Information and Cheques
Buyers have a responsibility to act quickly when attempting to purchase a property. There will be times during the process when a conveyancer will require various forms of information or checks, so they can review your details, make necessary payments and move on to the next step.
It is important not to delay whenever they request:
- Bank statements
- Financial sums
- Debt information
- A down payment
- Signed contracts
A delay sending the information over could slow down the process or grind it to a halt. For example, you cannot take ownership of a property until you have sent a down payment or signed a contract. The sooner you do so, the sooner you will receive a completion date and the keys to your new property.
Buying a home doesn’t need to be difficult. A proactive approach, a good mortgage offer, and the right conveyancing firm could each help you to speed up the process so that you can make a fresh start in your new home.