BDS Property Ltd

0203 198 6644

Buying Process

1 Arranging your mortgage

We’re teamed up with one of the UK's leading independent mortgage broker firms. They all have strong relationships with all the providers and will scour the market to find you the very best deal. Most deals are in all manner of products from first-time buyer to £multi-million portfolios and overseas mortgages. The guys also facilitate exclusive and often complex deals that can't be found on the high street.

Just let us know your interest and we will sort the rest out for you and you have to observe what we do, that’s all.

2 Register your interest

Find a property using our property search function. Register your interest with us by calling 0203 198 6644 or visiting our website www.bdsproperties.co.uk. We will have an experienced property consultant at hand to provide expert advice and assist you in locating a suitable property based on your requirements.

3 Finding the right property

View the properties shortlisted between you and your personal FREE property consultant at your convenience chauffeur driven therefore also accompanying you on viewings to answer any questions you might have.

4 The key to successful viewings

We're open at times to suit you, convenient for viewing after work and at weekends:

Our offices are open Monday to Saturday and can call us anytime you wish.

In order to secure a property we recommend an early viewing. We will chauffeur you to your viewings ensuring you arrive in a relaxed frame of mind and accompany you throughout so that we are on hand to answer any questions immediately and advise where necessary.

5 Instructing a solicitor

Instruct a solicitor. The successful purchase of a property can be reliant on the instruction of an efficient and experienced solicitor. We recommend using a solicitor who knows the area that you're moving to and specialises in conveyancing. We're happy to recommend a selection of tried and tested solicitors that are experts in property.

6 Making an offer

Once you have identified a suitable property we will put your offer forward to the seller both verbally and in writing stating any special conditions of the offer. You may need to demonstrate, if requested, that you are able to proceed (e.g. provide evidence of your mortgage agreed in principle).
There are no legal obligations on either side until contracts are signed.

7 Offer agreed

Once your offer is accepted we will do the following:

  • Prepare a memorandum of sale
  • Write to all parties to confirm the agreed price
  • Ask you to confirm your solicitor's and mortgage broker's details

You will now need to instruct your solicitor to proceed with the conveyancing process and your mortgage broker to proceed with your application.

8 Conveyancing

As part of the conveyancing process your solicitor will do the following:

  • Raise any enquiries on receipt of the draft contract from the seller's solicitor
  • Request their own local searches
  • Agree on a date for exchange of contracts

We will assist your solicitor and negotiate throughout the process, keeping you informed every step of the way.

9 Survey and mortgage offer

A survey of the property will be booked by a surveyor on behalf of the mortgage lender to identify any structural problems and advise on the property's value.

After the mortgage valuation report is received, a formal mortgage offer will be sent to you and your solicitor which you will need to sign before it is returned.

There are no legal obligations until contracts are signed.

10 Exchange of contracts

You then proceed to sign contracts once your solicitor is satisfied that all enquiries have been confirmed and agreed. This is the Exchange of contracts. Once signed, you'll pay the agreed deposit as per your mortgage to your solicitor (usually begins from 10% of property value)

11 Completion

You then Complete. Completion is when the residual monies (usually 90%) are transferred from your solicitor to the seller's solicitor's account.

12 Moving in

Congratulations, you are now the legal owner of your new home! You can now move in.