Page 39 - Real Rochdale Issue 12 Winter 2021

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