Buying Process
Redstones guide to buying your home

Buying Process

1. Register your requirements.
The first step in the buying process is to register your requirements with us we will look forward to hearing from you where we can discuss your requirements and help you to find your ideal property.

2. Mortgage
Even at this early stage we strongly recommend that you get your mortgage agreed in principle, having to arrange finances after you have found a property will delay the buying process and could result in you losing out to another person who is ready to proceed.

Redstones have access to every mortgage available on the market, and are able to find the best mortgage deals and rates for you.

3. Starting your search.
With your requirements registered with Redstones you will receive a selection of properties that match your criteria.

An early viewing is recommended to secure a property.

4. Viewings.
We are available at times convenient for you to view after work and at weekends. Being available means a high percentage of viewings are carried out after work and at weekends.

5. Making an offer.

Once you have found a suitable property, we will put forward your offer to the seller both verbally and in writing, any offer is subject to contracts being signed.

6. Sale agreed.
A solicitor will be required once your offer is accepted and you will need to instruct your solicitor to proceed with the legal paperwork (known as conveyancing) immediately. We have a selection of solicitors that are experts in property transactions who we would be happy to recommend.

At this time you must instruct your mortgage broker to proceed with your mortgage application and make arrangements for a survey.

7. Legal and Surveys.
The seller's solicitor will draw up a draft contract and send it to your solicitor, who in turn will raises some preliminary inquiries.

Searches are required and your solicitor will request them from the local authority.

A surveyor, on behalf of the mortgage lender will book a survey to advice on the property's value and identify any structural problems.

8. Contract approval and mortgage offer.
Your solicitor will approve contracts, providing there are no further inquiries, once results of the local search and answers to preliminary inquiries are received.

The formal mortgage offer will be sent to your solicitor for you to sign. Once returned signed, your mortgage is then in place and you are then ready to exchange contracts.

9. Exchange of contracts.
The contract needs to be signed by you and the seller.

A deposit (usually 10% of the purchase price, but can be less) is transferred to the sellers solicitors.

The date for completion (the day you usually move in) is then set.

10. Completion
This generally takes place a few days to a few weeks after exchange of contracts (but also can take place on the same day or even several months later) depending on each party's requirements.

The balances of monies are transferred from your solicitor to the sellers' solicitor's account.

Congratulations you are now the new owner of your new home!

To arrange a free valuation of your property please click here or contact your local office for more information.

  • Valuation
  • sold
  • Localoffice
  • Sales switch agent RHS

I felt that I must write to thank you for the excellent service your company ‘Redstones’ has provided with the letting of my apartment and retaining a high level of occupancy. It put my mind at rest at this time of turbulence that your dedicated staff are always on-hand to help to obtain tenants in a speedy and efficient manner. I would like to thank you for all your help and assistance during the whole process. I would heartily recommend you for your professionalism, guidance and friendly help.....

Dave Slattery

Read all testimonials


Property Search