Completion day is without doubt the best part of the entire home buying process. It’s on this day that you’ll pick up the keys and take possession of your new home in Margate, Kent.
But before completion day can happen, there are a few final checks to be done.
Prior to completion your solicitor will ensure that all of the mortgage conditions have been met and request the money from the lender.
The lender will also carry out some last minute checks to ensure there have been no significant changes to your credit rating. So, if you take out a loan to buy a new car for example, this could have very negative implications on your mortgage offer.
On the other side, the seller’s solicitor will request a redemption certificate that’s calculated to the day of completion if the seller still has a mortgage on the property.
Essentially this is a document that details what will happen to the outstanding balance on the mortgage when you take possession. In most cases, the seller will pay off the outstanding balance from the proceeds of the sale, while you will have a brand new mortgage agreement in place.
Mar 4, 2022
If you’re selling your home, you may need to find out when exactly the property was built. Finding out is usually very easy. But, sometimes, limited data is available about when a property was developed – so you may need to do some digging.
Thankfully, there are multiple ways to find out when a property was built to help you when you’re selling your home.
If you need to know when your house was built, here’s an overview of some of the different ways you can find out the exact year.
Feb 24, 2022
Choosing the right estate agent in Thanet is key to you being happy when you come to selling your home.
Moving home is a stressful time, and we won’t lie – it can be hectic. There are so many things to do, so many plans to make, and then there’s the number crunching to do.
It can be a tough time, even though you know that at the end of it you’ll be starting a new chapter in a new home with your family.
One of the key things to do is to choose the right estate agent at the start of the process. Sometimes though you may need to switch estate agents because you’re simply not happy with the estate agent you initially chose.
This is not the best position to find yourself in! So, here are our top five tips to help you choose the right team to sell your property.
Feb 17, 2022
The 6th of April is fast approaching, and new laws are set to be introduced on that date that will affect landlords in Thanet.
If you rent out your property in Thanet you need to get ready for the new Right to Rent changes in order to avoid being fined. So, read on, and learn everything you need to know about this new legislation.
Feb 8, 2022
Energy Performance Certificates (or EPCs) have, until now, been barely significant when it comes to the Thanet housing market. But it’s important to be aware that there are big changes afoot with regard to EPC requirements, and landlords in Thanet need to pay close attention.
Feb 3, 2022
So, you need to sell your property and you’re wondering which is the right path for you. Auctions have their benefits, but so does selling via an estate agent, so which is better for your situation?
If you’re wondering whether you should sell your home via auction vs an estate agent, here’s an overview of the pros and cons to help you decide.
Jan 20, 2022