A step by step guide to buying your home

By Mel Cindil - 23 November 2023

HOW THE PROCESS WORKS...

It can often be daunting purchasing a property, whether it's your first time or you are looking for the next move. The process can sometimes be confusing and leave you wondering what's next. Well fear not, Flagstone Financial have put together a simple step by step guide designed to help you along the way.

SPEAK TO ONE OF OUR QUALIFIED ADVISERS

Find out how much you can borrow and obtain a decision in principle.

FIND A PROPERTY TO SUIT YOUR BUDGET

This is the really fun part! Whether you're looking for a flat or a house, now's the time to do your research and find your dream home.

MAKE AN OFFER & AGREE THE TERMS

Speak to your adviser for help and guidance. Appoint a solicitor.

ARRANGE YOUR MORTGAGE

With the help of your adviser, agree a package to suit your needs and apply.

SURVEY & SEARCHES CARRIED OUT BY THE LENDER & YOUR SOLICITOR

Our mortgage service centre will be in regular contact.

YOUR MORTGAGE OFFER WILL BE ISSUED

A copy will be sent to your solicitor and broker.

MORTGAGE OFFER INTERVIEW

Arrange to see your adviser for review and protection requirements.

EXCHANGE CONTRACTS & AGREE A COMPLETION DATE

Pay your solicitor any deposit. Policies e.g. buildings and contents will need to be placed on risk. … MOVE IN!

Get in touch with Flagstone Financial.

We charge a fee for arranging your mortgage. The exact fee will depend on your individual circumstances, but it will be in the region of £299, payable upon application.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.