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The Contract
Once all the necessary legal checks are completed, you'll be able to sign the contract.
- The seller sign an identical contract and your respective conveyancers swap these signed documents in what's known as 'exchange of contract'
- You pay the deposit at this point through your conveyancer to the seller's conveyancer
- Once contracts are exchanged you are legally bound to buy the property
Make sure you're happy with everything before you sign:
- Have you received your formal mortgage offer?
- Are you happy with the survey report?
- Have the terms of the contract been checked and explained to you by your conveyancer?
- Have you arranged the appropriate insurances for you and your home?
Your home may be repossessed if you do not keep up repayments on your mortgage
Next Steps
Speak to one of our Mortgage Advisers...
We can call you
Call 08458 50 37 05 (Lines are open 8am to 8pm Mon to Fri, 9am to 4pm Sat).
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