Information for Buyers
At City Financial Property Services, we aim to make buying a property as straightforward as possible. Whether you are a first-time buyer, moving home or purchasing an investment property, our team is here to guide you through the process.
We offer a range of properties to suit different needs and budgets.
Explore properties for saleHow Do I Start Looking for a Property?
Start by considering your budget, preferred location, property type and requirements. If you need a mortgage, obtaining an agreement in principle can help you understand your potential borrowing capacity.
Through City Financial Property Services, we can refer you to Mortgage Adviser Network to discuss your mortgage options and receive advice tailored to your circumstances, subject to its eligibility and service arrangements.
Register your details with us so we can help you find properties that match your requirements.
Register your interestHow Do I Arrange a Viewing?
Contact our office to arrange a viewing. We encourage buyers to inspect properties carefully and ask questions about their condition, tenure, lease length, service charges, ground rent and any other relevant costs or restrictions.
We will provide the material property information available to us to help you make an informed decision.
Arrange a viewing
How Do I Make an Offer?
Once you have found a suitable property, you can submit an offer through our agency. We will communicate your offer to the seller and keep you informed of their response.
In England, an accepted offer is generally not legally binding until contracts are exchanged. We recommend instructing a solicitor or licensed conveyancer to manage the legal process.
What Costs Should I Budget For?
In addition to the purchase price and deposit, you may need to budget for:
- Mortgage arrangement and valuation fees.
- Mortgage broker or adviser fees, where applicable.
- Solicitor or conveyancer fees.
- Property searches and surveys.
- Stamp Duty Land Tax (SDLT), where applicable.
- Land Registry fees and moving costs.
- Council tax, utilities, insurance and maintenance.
- Leasehold service charges and ground rent, where applicable.
Tax depends on your circumstances and the property being purchased. Check the latest HMRC Stamp Duty Land Tax guidance.
Do I Need a Property Survey?
We recommend considering an independent property survey before committing to a purchase. A survey may identify defects or repairs that could affect your decision.
A mortgage valuation is not a substitute for a survey. Your solicitor or conveyancer will also arrange the necessary legal checks and searches.
What Happens After My Offer Is Accepted?
The usual steps include:
- Instructing a solicitor or licensed conveyancer.
- Arranging your mortgage application, if required.
- Commissioning a survey and completing property searches.
- Reviewing legal documents and resolving enquiries.
- Exchanging contracts and agreeing a completion date.
- Completing the purchase and collecting your keys.
Timescales vary depending on the property, mortgage arrangements and whether there is a property chain.
Mortgages
Finding the right mortgage is an important consideration when purchasing a property. Understanding the mortgage process, the costs involved and the requirements set by lenders can help you prepare for your property purchase.
Whether you are a first-time buyer, moving home or considering an investment property, it is important to understand your options and seek information from an appropriate mortgage lender or qualified professional where necessary.
Mortgage availability and lending decisions are subject to individual circumstances, affordability assessments and the lender's criteria. A mortgage offer is not guaranteed, and buyers are free to choose their own lender or mortgage adviser.
Contact Our TeamWhat Documents Will I Need?
When buying a property, you may be asked to provide proof of identity and address, evidence of your deposit, proof of income and information about the source of your funds.
Depending on the circumstances, estate agents, solicitors and mortgage lenders may request documents to meet their respective legal and regulatory obligations.
Having the necessary documents prepared and providing them promptly when requested can help the transaction progress smoothly and reduce avoidable delays.
Contact Us
Whether you are buying your first home, moving to a larger property or considering an investment, City Financial Property Services is here to help.
Contact our office