Page 38 - Real Rochdale Issue 12 Winter 2021
P. 38

barton kendal wins The                                                                                                  Step-by-step guide to buying a new house


          British Property Lettings

          Award for Rochdale                                                                                                                                                                                 Kitsa Efthymiadis, a


                                                                                                                                                                                                             partner at Molesworths
          Local estate agent Barton Kendal Residential                                                                                                                                                       Bright Clegg, explains
          has won the British Property Lettings Award                                                                                                                                                        the process of
          2021–2022 for Rochdale.                                                                                                                                                                            purchasing a new
                                                                                                                                                                                                             property.
          Established in 1966, the agency has two offices
          in the Rochdale borough – a main office based        provide against the service provided by their
          at 122 Yorkshire Street, Rochdale, and another       local, regional, and national competition.                       Many people find the prospect of getting onto the    On receipt of the contract pack your
          at Long Street, Middleton.                                                                                            property ladder both exciting and daunting.          conveyancer can begin the title investigation, the
                                                               Agents who provide outstanding levels of                                                                              most important part of the process. This entails
          For the British Property Awards, “their              customer service are rewarded with the award,                    We hope that this guide will set buyers on the       gathering and analysing information and will
          Rochdale team performed outstandingly                which acts as a beacon to highlight these                        right path to their new home, and enable sellers to   involve various searches, and scrutiny of the title
          throughout the extensive judging period, which       attributes to their local marketplace.                           understand the process too.                          deeds, as well as any necessary ‘pre-contract’
          focused on customer service levels,” and have                                                                                                                              enquiries arising from the paperwork.
          now been shortlisted for a number of national        Ian Tweedley, Barton Kendal Residential                          Step 1                                               These searches and enquiries can often take
          awards, which will be announced shortly.             managing director, said: “I am delighted that                    The conveyancing process begins as soon as           several weeks, and will need to be completed and
                                                               our wonderful team, who have worked through                      a price is agreed, and usually involves estate       approved before you proceed further.
          The British Property Awards provide agents           extremely difficult times over the past                          agents, surveyors, and lenders. Central to all of
          throughout the UK with an invaluable                 couple of years, have won this prestigious                       this is the legal work, which is undertaken by       Step 4
          opportunity to compare the service that they         British Property Gold award.”                                    conveyancers (who can be solicitors, licensed

                                                                                                                                conveyancers or paralegals).                         Once their enquiries are complete, and any
                                                                                                                                                                                     required mortgage offer has been received,
                                                                                                                                It is important to choose a conveyancer who          a diligent conveyancer will prepare a written
                                                                                                                                has the necessary property expertise to identify     Report on Title telling you everything they have
                                                                                                                                and address any problems which may arise, and        found out about the property.  If you are happy
                                                                                                                                whose team knows how to communicate any              with the report you will be asked to sign your
                                                                                                                                issues clearly.                                      copy of the contract, in readiness for the next
                                                                                                                                                                                     stage, namely exchange of contracts.
                                                                                                                                Step 2
                                                                                                                                                                                     Step 5
                                                                                                                                Once the price has been agreed, it is time to
                                                                                                                                arrange your mortgage (if you need one), and         Exchange is when the buyer and seller both
                                                                                                                                consider having a survey, in case there are any      become committed to proceeding with the
                                                                                                                                structural problems.                                 transaction, and when a completion date is
                                                                                                                                                                                     fixed. You will have to pay your deposit, and your
                                                                                                                                A lender will arrange a valuation, but that is       conveyancer will order your mortgage advance.
                                                                                                                                mainly for your lender’s benefit and is not the      Exchange and completion can take place on
                                                                                                                                same as an actual survey.                            the same day, but generally there is an interval
                                                                                                                                                                                     between the two.
                                                                                                                                Step 3
                                                                                                                                                                                     Step 6
                                                                                                                                Once instructed, your conveyancer will
                                                                                                                                undertake various ID checks and request a            Completion is the day on which you become the
                                                                                                                                contract pack from the seller’s conveyancer. The     new owner and can finally celebrate and enjoy
                                                                                                                                contract pack will include the draft contract,       your new home whilst your conveyancer pays
                                                                                                                                copies of the title deeds and various property       any Stamp Duty Land Tax and registers your
                                                                                                                                information forms.                                   purchase at the Land Registry.

          REAL ROCHDALE - WINTER 2021                       38                                                                                                                    39                     REAL ROCHDALE - WINTER 2021
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