What Happens After Your Offer Has Been Accepted?

4 Immediate Things You Need to Do

 

What Happens After Your Offer Has Been Accepted

 

So, you’ve found the home of your dreams and your offer has just been accepted. Congratulations! Your journey to owning your new home has officially begun.

If you’re wondering what happens next, here are four immediate things you need to do after your offer has been accepted to get things moving.

1. Provide Confirmation

Once your offer has been accepted, your estate agent will likely give you a congratulatory call. But this won’t just be a courtesy. They’ll also request confirmation of a few things so they can finalise the offer.

You’ll usually need to provide confirmation of things like:

  • You have the funds available to make the purchase
  • Your mortgage in principle
  • You have a solicitor – or you’re working to get one now
 
2. Instruct Your Solicitor

There’s no better time to get the ball rolling than after your offer has been accepted. For a quicker sale, you’ll want to instruct your solicitor as soon as possible. If you haven’t already found a solicitor, ask your estate agent for a recommendation.

At this stage, your solicitor will start completing the checks and searches on the property. Depending on the solicitor, they may also ask you to pay up-front for some of their services.

3. Complete Your Mortgage Application

Since the mortgage in principle was a principal agreement, you’ll need to complete a full application for the money now that your offer has been accepted. You’ll need to apply for the exact amount you need to borrow for the property in question.

If you have a mortgage advisor, they’ll guide you through this process and let you know what information you need to supply.

4. Arrange a Survey

While surveys aren’t compulsory when you buy a new home, they’re a good idea. During a survey, a professional surveyor will inspect the property and cast an eagle eye over the place. Surveys can help you understand any current or future issues you may have with the property.

To arrange the survey, you’ll need to speak with your estate agent about booking time with the sellers.

Still Looking For Your Next Home?

If you’re still looking for your new home Duckworths Estate Agents could have what you’re looking for! Check out our listings or let us know what type of property you’re interested in so we can help keep an eye out for you.

Hyndburn: 01254 234242
Burnley & Pendle: 01282 412777
Darwen: 01254 772244
Rishton: 01254 883030
Ribble Valley: 01200 403454
Bolton: 01204 958278
Fylde: 01253 206243
Chorley: 01257 449544
Manchester: 01615297936
Rossendale: 01706 615447
Skipton: 01756630837
Preston: 01772 419995

Or email This email address is being protected from spambots. You need JavaScript enabled to view it. to find out how we can help you buy a new home or sell your property

Rightmove Zoopla Primelocation OnTheMarket The Property Ombudsman Trading Standards NAEA