Follow these 6 steps to complete your home purchase journey
Step 6: Complete the home-buying process
Sign the Formal Sale and Purchase Agreement
Once you have signed the Formal Sale and Purchase Agreement, you will need to make the following payments via your solicitor:
- Full deposit (Together with the initial deposit paid, the total deposit will normally equal to 10% of the property price)
- Government stamp duty
Mortgage application is approved
- Your solicitor will arrange for the signing of the Assignment Deed and Legal Charge
- Property inspection is recommended to better understand the condition of the property
