PORT Homes

Buying Process

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Find out more information about how our buying process works by clicking on the buttons opposite.

Our Contact Details

E: sales@porthomes.co.uk
T: 01429 290430

1.

Getting The Right Financial Advice

We recommend that you get in touch with an independent financial advisor, as soon as possible, prior to reserving your new home. We can recommend an impartial independent specialist to find the right mortgage for you. Once you receive a decision in principal, we will be happy to complete and formalise the reservation of your new home. Your Financial Advisor can then complete your mortgage and Help to Buy applications, as required.

2.

Reservation

Once you have selected your new home and your mortgage is agreed in principal, it is important to act quickly and formalise your reservation. Our Sales Advisor will complete the required reservation paperwork and process a £500 reservation fee. This will then remove your chosen property from the market for sale. Solicitors will be instructed on the understanding that contracts are to be exchanged, within 6 weeks of reservation.

3.

Instructing a solicitor

You will need an independent legal advisor to complete the home buying process on your behalf. Choose carefully to ensure that your purchase proceeds smoothly to an exchange of contracts, within a 6 week period. We can recommend a nominated, trustworthy Solicitor who will act on your behalf.

4.

Reservation Checklist/Meet The Site Manager

An appointment will be arranged within approximately one week of reservation to discuss in detail, the construction and specification of your new home. This is an opportunity to meet our Site Manager and have answered, any questions that you may have.

5.

Options and Choices

Depending upon the stage of construction of your new home, you may be able to personalise it, from our range of available options. Our Sales Advisor will advise you accordingly, of the choices available. There will be cut off points where certain options cannot be carried out, as the construction of your new home will have progressed too far.

6.

Exchange of Contracts

Once your mortgage offer, Help to Buy authorities to proceed (if required) and local searches are received, your Solicitor will invite you to sign your purchase Contracts. Your Solicitors will advise you of any findings from the Contract, searches and subsequent enquiries they may have raised. At this meeting you will be required to transfer to your Solicitors client account, the agreed deposit. Contracts can then be exchanged, this legally binds the sale and purchase of your new home..……its nearly yours!

7.

Build Progress Updates

We will provide you with regular build up-dates and progress. You will be fully informed of the anticipated completion date to enable you to make the necessary arrangements to move. Please do not book removals or give notice on rental accommodation, until a completion date is confirm to you by our Sales Team.

8.

Home Demonstration

Once our Site Manager and Sales Advisor have quality inspected your new home and your legal completion date has been agreed. We will invite you to a home demonstration appointment. This visit gives you the opportunity to view your new home for possibly the first time, where the workings of the same and the our after care processes will be discussed, in detail with you.

9.

Legal Completion and Handover

The big day has arrived… Once we received confirmation from our Solicitors that the balance of the completion monies have been received. We will arrange to meet with yourselves to formally handover the keys to your lovely new Port Home!

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