The buying process

The first steps Searching for your new home and the purchasing of it will probably involve the biggest investment you will ever make in your life. Most people buying a home purchase a property either via a mortgage or cash. Murphy Waldron aim to help with this process and make is as easy as possible and offer you all the services associated with buying a new property. Some of the information you are likely to need to know is as follows...

1. Where to find your property?

You can search for properties on this website by clicking on the search facility. If you would rather discuss your property choices and criteria face to face or on the telephone you can also do this by either calling us on 0161 787 9195 or calling into our offices at 195 Eccles Old Road, Salford, M6 8HA. Our team are always on hand to professionally help you.

2. Viewings

We understand that it's important to organise viewings at times that suit you and that flexibility is key with everyone leading busy lives. In an effort to accommodate viewings we offer viewings 6 days a week including evenings and weekends, to ensure that you can view the property at a time convenient to you. Further viewings are not a problem and we can work with you to ensure that any questions you may have about the property are answered as quickly as possible.

3. Selecting a mortgage

Finding the right mortgage to suit you is an often difficult and taunting task! Murphy Waldron are able to assist you in offering a no obligation consultation with an FSA registered independent mortgage broker.

4. The Offer

Once you have found your property you will need to make an offer on how much you are willing to pay for it. It is important not to be over enthusiastic and you must consider how much you can really afford based on mortgage calculations and any equity you may have in an existing property. You must also consider all the other costs that will be involved in buying your home such as solicitor's fees, insurance and moving costs.

It is also important to know that you will have to provide proof of funds by way of: MIP (Mortgage in Principal); DIP (Decision in Principal) or Bank Statements.

Once you have considered all this you put your offer to your agent and the agent will in turn put the offer to the vendor to consider. Once the vendor has accepted your offer, you should instruct a solicitor or licensed conveyancer to start the buying process. Murphy Waldron will recommend a solicitor from the panel they use. Remember, at this stage, there is still no legal obligation for you to buy the house or for the vendor to sell it to you until both parties sign the contract.

5. Valuation/Survey

Depending on the type of house you are buying your mortgage lender may require more than just a mortgage valuation.

A homebuyers survey is a more in depth report and may highlight more potential problems that you may otherwise be unaware of. You may also choose to undertake a full structural survey although this is usually on older houses. Any issues highlighted may affect the lenders ability to issue a mortgage offer and also highlight expensive problems to you before you purchase the house.

6. Conveyancing

This is the legal process of buying your house that the solicitor undertakes on your behalf and will go through the following:

• Prepare draft contracts
• Formal mortgage offer
• Local authority search
• Registry search
• Exchange
• Completion

7. Removals

Once you know your completion date you will need to book your removal service. Ensure you reserve your booking as at busy periods removal services can be booked up and it's important that you can rely on a reputable firm to help you move house.

8. Insurance

You will need to have all the necessary insurance policies in place for when you are moving into your new house. Contents are particularly important and you may want to consider insuring your contents with the removal firms so that any breakages during the move are covered.

Murphy Waldron can assist you in securing competitive quotes.