Straight2Bank
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
Draw down your mortgage
- Your solicitor will notify us to disburse the mortgage loan amount to the seller via their solicitor
- Once the transaction is completed, you will receive the keys to your new property and the home-buying process is completed.
