There are so many steps to securing your new home that it can feel impossible to get to grips with everything. If it feels like too much, take a deep breath and zoom out. Here’s the whole process, step by step, with rough timings.
Home Buying Timeline
Home Buying Timeline
1. Save your deposit and think about your budget. Takes as long as you want!
2. Put your property on the market (if you have one), book your first mortgage broker appointment, and find a conveyancer. Takes 1-2 weeks
4. Gather your paperwork and send everything your conveyancer asks for. As soon as you can!
5. Get an Agreement in Principle. Takes around 24 hours
6. View properties, make an offer, and have one accepted. Takes 1-8 months +
7. Get surveys done on your new home.Takes 2-4 weeks
8. Apply for your mortgage and submit your paperwork, then wait for your lender’s surveys and final mortgage decision. Takes 18-40 days +
9. Exchange contracts, agree a completion date, send the funds to the seller via your conveyancer, and complete. Takes 2 weeks from exchange to completion
10. Move in!
Call us on 0330 818 0080
Your Scout broker will help you choose the right mortgage and insurance by searching thousands of deals from over 90 lenders. All for one lifetime service fee, no matter how many times you move.
Because we play by the book we want to tell you that…
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is £549.