Solicitor Blog: Starting out on your road to buying your own home
Monday 14th August 2017
We understand that buying a property is daunting enough if you have done so previously, let alone if this is your first time and a gentle, caring approach is what we pride ourselves on. To enable us to provide this level of service, we have arranged our teams in such a manner that you will always have someone to speak to no matter what stage you are at in the transaction. Your initial point of contact at AJLO is the New Business Team and it is they who will be providing this blog to you.
Our names are Rabiya, Ash and Rob and we thought we would offer a little advice on some key elements when looking to purchase a property, starting with…
“What do I do once I see my dream home!”
- Contact the relevant Housing Association or Development’s sales team – lodge your interest with them. They will discuss with you the property you are buying and the key features such as price.
- Contact the Mortgage Brokers – either contact one independently or contact one off the approved list provided by the Housing Association or Developer. The broker will see whether you meet the affordability criteria for the property you wish to buy.
- Get back in touch with the Housing Association or Developer’s sales agents – Once you meet the affordability criteria confirm this to them and put down your reservation fee.
- Contact Alexander JLO Solicitors – we will provide you with a quotation for our services. Do this as soon as you as the reservation fee has been paid. Often when signing the reservation form you agree to meet a 28 day exchange deadline. Speed is key at this stage.
- Contact the Housing Association/Developer and let them know you have instructed Alexander JLO Solicitors. They will then arrange for the Legal Pack to be sent to us.
- The legal work begins!
We hope the above information provides you with some insight as to how to start the process. As mentioned in our previous blog, our processes are designed with a first time buyer in mind and we are always available for any queries, no matter how large or small which means our clients never feel lost or alone.
Please do not hesitate to contact us for more information at firstname.lastname@example.org or on 0207 531 8828 and ask for Rabiya, Ash or Rob.
Warm regards and good luck!
Alexander JLO Solicitors
20th September 2017
Shared Ownership Week returns for its fifth year, 21st - 27th September. Shared Ownership week raises awareness this home ownership scheme which offers a life line to thousands of first time buyers.
19th September 2017
Countdown to the London Home Show Autumn 2017: Our sponsor Crest Nicholson give you the low down on their fantastic development Dylon Works, available via Help to Buy London.
18th September 2017
Countdown to the London Home Show Autumn 2017: Hear Marco and Olga's story about buying their first home for their young family with Notting Hill Sales.
16th September 2017
Countdown to the London Home Show Autumn 2017: L&Q's Lucy Chitty dispells some of the myths about home ownership.
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