Moving house

This section will give you information regarding several aspects of moving house, including Procedures, listings of solicitors to removal companies.

Help and Advice

Whether you're buying a home for the first time or moving, contact a building society or bank to see how much you can borrow. Your mortgage adviser will be able to help you every step of the way.

Start house-hunting

If you haven't found a property on the yet, there are many estate agents on the Isle of Wight, who can help you choose the right house.

Making an Offer

If you are interested in a property, make an offer to the seller's estate agent. If it's accepted your offer will be subject to contract'. See contracts are exchanged.

Apply for your mortgage

You are now ready to apply for your mortgage. Your mortgage adviser will prepare the necessary paperwork for you, and give you as much or as little advice as you need to get you moving.

Arranging a valuation

When you're buying a home it's wise to get a report assessing the state of the property. Your mortgage adviser will advise you on the different reports you can choose from.

Conveyancing

While the valuation is being done, you need to arrange the conveyancing. Your solicitor will likely supply a conveyancer to check the legal title and carry out relevant searches to find out if there is anything that would adversly affect the property and its value.

Your mortgage offer

Once your bank or building society have mage all the relevant checks, they will make you a mortgage offer. This will arrive in the post, with a copy also going to your conveyancer.

Contracts are exchanged

Once your conveyancer has completed all the conveyancing work, you'll be a ble to sign the contract. The seller signs an identical contract and your respective conveyancers swap these signed documents in what's known as 'exchange of contracts'. You pay the deposit at this point - through your conveyancer, and you and the seller become legally bound.

Collecting the keys

When contracts are exchanged, a date is set for completion - the day the property becomes yours. On completion, the balance of the purchase price is paid to the seller's conveyancer in return for the title deeds of your new home. You can now collect the keys....

Now the exciting part - Moving In

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