Часто задаваемые вопросы

The absolute first step for your client is to get DIP (Decision in Principle) to know your affordability

1) Organize your finances and discuss it with your mortgage advisor. 2) Property search and viewings. 3) Once you find the right property, it is time to send an offer forward to the developer.4) Legal and financial check that will last for 4-6 weeks. 5) Exchange. Contracts are signed by each party and the deposit (usually 10-25%) is transferred from the buyer’s solicitor to the developer’s solicitor. 6) Completion is official upon the transfer of the remaining money (usually 90-75%) from the buyer’s solicitor to the developer’s solicitor.

A mortgage is a type of loan to finance a property. The majority of people are not wealthy enough to purchase a house in total. Thus, a mortgage serves as a secure loan that comes with a fixed interest rate and gets paid off over 15 or 30 years. If need be, you can refinance their mortgage and payments in the future.

Although an expat can still get a UK mortgage while living abroad, it can be more difficult because being based overseas can make it harder for lenders to verify your earnings and credit history.

Generally, you need to live in the UK for three years if you wish to get a UK mortgage. Having a three-year address history gives you a reliable and traceable credit history, which is the standard amount.

Depending on the kind of mortgage you’re eligible for, some lenders may require from 10 up to 25%. If you’re a first-time buyer, there are special programs available to help you afford a home.

Yes, most of the developments are negotiable. Besides that, you can get some incentives such as furniture pack / parking space/ legal fees contribution , etc

• Being able to customize a brand-new home is one of the most exciting aspects of buying a new one. Generally, new homes are decorated with neutral colors, fixtures, and fittings, allowing for considerable personalization. A second-hand property often requires a complete overhaul of the previous owner's tastes and quirks in order to achieve the same result.Construction controls and regulations are usually much better in new homes - especially when compared to houses built before the 1980s. • Furthermore, many developers offer the option to choose kitchen cabinets, wall colors, and flooring when it comes to buying a property before it's finished - known as booking off-plan in the trade. • An initial few years of maintenance are pretty much free with a new build due to a 10-year master build guarantee. • The energy efficiency of new homes tends to be much higher than that of most second-hand homes. This significantly reduces monthly running costs, as a poorly insulated property will result in much higher energy bills.

A major advantage of buying off-plan is the potential for price appreciation. A property's value increases as the project progresses and construction is completed. Buyers can benefit from significant returns on their investment.

There are several criteria to consider when purchasing a property. It actually depends on many factors such as the purpose of the buying (investment or relocation), your affordability (sometimes you have to compromise on something in order to fit your budget), your personal situation (schools, business centers, parks, parking, amenities). However there are three main things to pay attention to: - Good location. - Easy commute. - Your affordability.

In a real estate transaction, the agent is usually paid by the developer so there is no additional fee for Entralon service.

A real estate agent can help you find homes within your budget, arrange your viewings and negotiate with sellers. Entralon real estate agents have in-depth knowledge about your area and can save you time and money by narrowing down your best possible options.

'First Homes' is a new government policy that provides discounted homes to first-time buyers in England who would otherwise be unable to afford one. As a result of this scheme, first-time buyers will be able to purchase a new-build home in their community for 30% less than market value. There will be a savings of around £100,000 for an average new-build property in England.

Shared Ownership is a government-backed program that helps first-time buyers get on the property ladder. Through part-buy/part-rent, buyers purchase shares in a property that would otherwise be unaffordable for them. With a small deposit, you may be eligible for a shared ownership mortgage, which has a lower monthly mortgage repayment. You can buy a share of a home and rent the rest until you can afford 100%.

Freehold – You own the property and the land it is built on for as long as you want. Leasehold – You own the property for a set period of time under a lease (lease period), but not the land it is built on. Land ownership belongs to the original owner/freeholder.

If a lease specifies peppercorn ground rent, it usually means that the leaseholder must provide the freeholder with one peppercorn each year as their rent. In reality, that means the leaseholder pays zero ground rent. This is symbolic, and it's legally accepted as the rent being paid. The peppercorn has no cash value, and the freeholder cannot demand any other payment. This type of rent is sometimes referred to as "nominal" ground rent.

This is the fee collected to maintain the grounds and includes services such as gardening, litter picking and general grounds maintenance.

Your newly built home should have a 10-year warranty registered with the National House Building Council (NHBC), Local Authority Building Control Warranty (LABC) or Premier Guarantee. In most cases, coverage begins when contracts are exchanged. It includes protection for your deposit as well as insurance against any major defects such as foundations, external render, load-bearing parts of flooring, etc.

Once the property is built, the warranty is split into two periods: • The defects insurance period covers the first two years if any issues with the builder's work such as the windows letting in rain because they are not sealed properly or the heating not working because the pipes are faulty, the builder is obliged to come and fix them. • A structural insurance policy lasts for 10 years from the date your purchase is completed.

Weather damage, wear and tear or problems resulting from not maintaining the property adequately.