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If you had planned on having any new furniture or appliances, order them now and if possible withhold delivery until you know exactly when you are moving in.

Either party is liable for legal action in breach of contract

Borrowers with new loans only get the interest paid after waiting for nine months

This is a fantastic time saver

When registering, be aware that you a likely to receive information on other services or products

Buy to let has become an attractive investment option for many people as soaring house prices, increased demand for rental property and better legal protection for private landlords has made buy to let fast growing area of the mortgage market

You are not looking for a guarantee of repayment at the end of the mortgage term

Often mistakenly called an endowment mortgage, interest only mortgages are loans where the lender agrees to charge purely interest throughout the term of the mortgage

Bridging Loan A bridging loan is a sum of money borrowed for a limited period of time to enable you to buy a new property before selling your old one. Interest rates charged tend to be higher than normal and a bridging loan shouldn’t be taken out lightly.

Setting the completion date The standard time between exchange of contracts and completion is four weeks

A Home Buyers report, generally suitable for most modern homes conventional in type and construction

More information about endowments (which in the 1980’s and 1990’s were extremely popular), ISAs and Pension plans are below

However should rates decrease the borrower will benefit from lower payments

Try also to avoid costly contract races where the seller accepts several offers and the first buyer to exchange contracts gets the property

The amount available usually ranges from £500 to £25,000 over a term of 6 months to 10 years

This tends to be between £25 - £50 and may be avoided if enough objections were made

Subject to your circumstances, you may be able to borrow up to 125% of the property value

Receives mortgage offer and deals with all the conditions on your behalf

5% on a normal lending limit of 75% loan to value

If you are obtaining a mortgage then your solicitor will need to prepare a Standard Security, giving your mortgage provider certain rights over the property

Default Failure of an individual to make payments on a mortgage at the correct time or to not comply with the mortgage companies requirements

In addition, borrowers will need a Contents Policy that provides cover for the contents, such as carpets, TV’s, furniture etc

All mortgage lenders require a survey, some more thorough and detailed than others

Noise abatement orders

The law on moveables is quite complex