Buying Guide

Finding the perfect property can be a challenging task. To simplify this process for you, we’ve created an informative buying guide. Please read it carefully before you start your property search with Amaanah Estates.

Buying Guide

Purchasing a property is often considered one of life’s most stressful experiences. To assist you in securing a suitable property, we’ve compiled a set of valuable guidelines.

Organising Your Finances

Before beginning your property search, it’s essential to have your finances in order. This usually involves either securing a mortgage or ensuring that funds are readily available. By doing so, you can confirm your budget, allowing you to filter your property
search according to what you can afford.

Register with Amaanah Estates

While it’s our responsibility to find the best options for you, the first step is to register your interest with us. There are many ways to do this: feel free to call us at 0207 126 8393 or visit our office where our expert agents can provide tailored advice based
on your needs.

You can also register online and enquire about specific properties. Initially, it’s important to have a general idea of your budget, preferred locations, and any essential criteria you want in your property.

[Click here to register with us]

Searching for Properties

Once you have registered with Amaanah Estates, we can start defining your property search based on your requirements. Our extensive database allows us to offer a diverse range of properties that align with your needs. You will receive updates via email, phone,
SMS, or even WhatsApp whenever new properties that match your criteria become available.

Viewings

We understand that our clients lead busy lives and may not always be available for viewings during regular hours. Our office hours are Monday to Friday from 9 AM to 6 PM and Saturdays from 10 AM to 2 PM.

To accommodate your needs, we offer flexible viewing schedules. When you visit, our estate agents will be available to answer all your questions about the properties.

Creating a comfortable and welcoming atmosphere for viewings is something Amaanah Estates has prioritised for over 10 years.

Making an Offer

Understanding the property market is crucial when deciding on an offer. When you find the right property, we will present your offer to the seller. You can specify any particular conditions, and we will communicate those both verbally and in writing.

Please note: No legal obligations are in place for either party until contracts are signed.

Instructing a Solicitor

When purchasing property in London, having a trustworthy solicitor is vital. The expertise and guidance of an experienced solicitor can make a significant difference in acquiring the right property.

At Amaanah Estates, we can recommend reputable firms with extensive knowledge of the London property market.

Offer Acceptance

Once your offer is accepted, we will ensure that the transition process proceeds smoothly. This begins with a written agreement, a letter of sale, and a confirmation letter outlining the agreed-upon prices.

You will then need to instruct your solicitors and notify your mortgage broker (if applicable) so they can commence with the necessary arrangements for your purchase.

Conveyancing and Searches

Carefully review the draft contract provided by the seller’s solicitor. If you have any concerns, don’t hesitate to ask questions.

Agree on a date for the exchange and inquire about local searches.

At Amaanah Estates, we will assist your solicitor and negotiate throughout the process, keeping you informed at every stage.

Survey and Mortgage Offer

It is crucial to conduct a survey before exchanging contracts. This survey, carried out on behalf of the buyer’s mortgage lender, will identify any potential structural issues and verify the property’s value. Completing this survey will facilitate a formal
mortgage offer.

Remember: There are no contractual commitments until both parties have signed the contracts.

Exchange of Contracts

Once all concerns are addressed and both parties are in agreement, the contracts will be exchanged. After both sides sign the contract, a deposit (typically 10% of the purchase price) will be made, either online or via a bank draft, transferring the funds from
your solicitor to the seller’s solicitor.

Both parties will then mutually agree on a completion date for the transaction.

Final Step

The process culminates with the transfer of the remaining funds (usually 90%) from your solicitor to the seller’s solicitor.

Congratulations on becoming the owner of your dream home!