Vendors

Do I need an Energy Performance Certificate (EPC)?

An important question our Branch Managers are often asked is ‘Do I need an Energy Performance Certificate (EPC) for my property?’ Do you need an Energy Performance Certificate (EPC)? Yes, you need an Energy Performance Certificate (EPC). It is a legal requirement. You need a valid one when you are marketing your property for sales […]

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What is the first step when I want to buy a property

We answer a good question ‘What is the first step when I want to buy a property?’ What is the first step to buy a property? Here at Greater London properties, we have come up with 5 key steps to help you purchase process; 1.) Working out your budget It is very important to work […]

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How long does it take to buy a property?

We answer a question ‘How long does it take to buy a property?’ How long does it take to buy a property? Buying a property varies depending on: your and the seller’s positions, conveyancing problems plus other random delays. Usually, the whole process can take between 6 weeks to 8 months however if you have […]

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Do I need a home survey when buying a house?

We answer the question ‘Do I need a home survey when buying a house?’ Do I need a home survey when buying a house? Yes, you need it because the money spent on the survey could save you thousands. This is because it provides you with an honest transparent review of your potential new home […]

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How much is the stamp duty?

Our Sales team are regularly asked ‘How much is the stamp duty?’ So, how much is the stamp duty? Stamp duty was changed in April of 2016 with an addition of a new 3 per cent surcharge on all rates. It is charged on the entire purchase price of a property. Stamp land duty is […]

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When does the mortgage lender release the funds?

We answer the question ‘When does the mortgage lender release the funds?’ When does the mortgage lender release the funds? The funds are released at the completion stage, when you become a homeowner. Your lender at this stage will release the mortgage money to your solicitor who will pay the seller’s solicitor. Then the seller’s […]

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Do I need to arrange building insurance when I buy a property?

Greater London Properties answers your question ‘Do I need to arrange building insurance when I buy a property?’ Do I need to arrange building insurance when I buy a property? Yes. you will need to arrange both buildings and contents insurance. If you are a first time buyer, then you may have bought contents insurance […]

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What are conveyancing searches and additional enquires?

Greater London Properties answers your question ‘What are conveyancing searches and additional enquires?’ What are conveyancing searches and additional enquires? The conveyancing searches are for you to avoid major costs in the future because they will reveal any issues with the property you are planning to purchase. These problems could be with the area or […]

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When do I sign the contract when exchanging?

Greater London Properties answers your question ‘When do I sign the contract when exchanging properties?’ When do I sign the contract when exchanging properties? You sign the contract during the exchange process, after all the terms have been agreed on. This is managed by solicitors and conveyancers acting on behalf of the buyer and seller. The […]

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