UK MORTGAGE CENTRE
How To Make An Offer On A House
January 24, 2023
When it comes to a home, they say you’ll know it’s the right one when you feel it deep in your gut. You can visualise yourself living there, envision the renovations, and make it uniquely yours.
How do you go about making that all-important offer?
After investing weeks, and sometimes months, in the quest for the perfect property, you’re finally ready to make an offer.
Here’s how you can make it happen:
Express Your Intent
Inform the Estate Agent of your keen interest in the property and your readiness to make an offer. While you don’t need to divulge your entire financial situation at this point, you must ensure that your finances are in order.
Consult with your broker, verify interest rates, calculate monthly repayments, and confirm that you have sufficient savings to cover solicitor fees or any additional surveys you wish to conduct.
Submit Your Offer in Writing
The written offer should clearly state your intention to make an offer and specify the amount you are willing to pay.
Highlight Your Advantageous Position
To stand out and increase your chances of success, emphasize your unique position.
First-time buyers, for instance, are particularly appealing to sellers who want to avoid lengthy chains and potential delays. If you happen to be a cash buyer, stress your ability to act swiftly.
Request Property Withdraw
Agree on Fixtures and Fittings
Work with the agent to establish a written agreement detailing which fixtures and fittings will be included in the sale.
Finalise Your Mortgage Application
Once your offer is accepted, it’s time to move forward with your mortgage application. This is where we come in to guide you through the mortgage finalisation process.
If the intricacies of this process leave you feeling bewildered, don’t hesitate to reach out to us at 01925 573328. We’re here to provide expert guidance and assist you every step of the way.
For more insights on being a first-time buyer, download our FREE First-Time Buyer Guide.
Remember, your home may be repossessed if you fail to keep up with mortgage repayments.
*UK Mortgage Centre is a Trading Style of The UK Mortgage Centre Group. The UK Mortgage Centre Group is authorised and regulated by the Financial Conduct Authority – FRN 826982. Registered in England & Wales: 11614569. As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments. The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages. The Financial Conduct Authority does not regulate will writing and taxation and trust advice.