• Celebrating 15 years of
    sharing property with people

  • Burgoyne Road SW9

    £949,950

    13
  • IS THE OPPORTUNITY TO BUY RIGHT NOW?

    "Softer house prices will have a restorative effect on
    the London property market long term"

    Lucy Pendleton in City AM

  • Broomwood Road SW11

    £490pw

    12
  • DON'T GET MAD
    GET MANAGEMENT

    taking the stress out of letting your property

  • Battersea Reach SW18

    £960,000

    22
  • Constance Court

    £492,000 TO £705,000

  • The Library Building SW4

    £430pw

    22
  • VIEWPOINT SW11

    £549,950 TO £714,950

    LUXURY 1, 2 & 3 BEDROOM APARTMENTS

  • Haverhill Road SW12

    £875,000

    23
  • Londoners face longer journeys to work as high house prices soar.

    London house prices push buyers to a new belt of towns and cities.

  • Beacon Tower SW18

    £370pw

    11
  • An Angel
    on your doorstep...

    Making moving into and maintaining your
    property trouble free and heavenly

    #mypropertyconcierge

  • St James's Drive

    £725,000

    12
  • BRONZE

    £458,350 - £1,555,300

  • One Putney SW15

    £695,000

    22

Step by step guide to buying with James Pendleton

As dedicated estate agents in London it's important to us that your buying process to be as smooth and as transparent as possible. Here is a quick guide on the basics of buying property.

1 - Find out what you can borrow

It is a good idea to work out what your budget will be and how much flexibility you have in terms of price as early as possible. This makes sure you are seeing properties you can afford and will determine what will be in your search. Whilst you won’t get a mortgage offer until you have found a property and had it surveyed by the lender’s surveyors, you can get an agreement in principle. James Pendleton work closely with  financial advisors who have access to the entire market and can offer you the best advice on the most advantageous mortgage products for you.

Find out what you can borrow

2 - Register with us to search for a property

Finding the right property is of course key and the best way to start your search is to register with a James Pendleton consultant. Your consultant will discuss your requirements in detail so they can get a thorough idea on what property is going to suit you. Do think about what your ‘must haves’ are and what you are prepared to compromise on. The best way to approach a property search is to have an open mind-you don’t always know what it will be like before you go through the door.

Register with us to search for a property

3 - We keep you informed

Your consultant will keep in regular contact with you throughout your search, informing you of new properties coming onto the market and arranging for you to see them as soon as possible. 

We search high and low for the best properties in London and as we multi-office market you can find out everything you need to know about properties in your preferred areas from any of our offices meaning you only have to register once that we will be sure to have something for you. You can also find properties instantly on our user friendly website.

We keep you informed

4 - Go out on viewings and get the most out of each one

Our team of estate agents in London work to make viewings as informative and convenient as possible. Whether you meet us at the office or the property and whether you need a daytime, evening or Saturday viewing we will make the arrangements you need so you can see properties at the earliest opportunity.

It is important to get the most out of each viewing. Your consultant will be fully informed about the property you are seeing- having received a completed questionnaire from the vendor - and will be able to advise you on the area and market trends.

Go out on viewings and get the most out of eachone

5 - Get quotes from solicitors and decide who to instruct

Choosing the right solicitor to progress your purchase to exchange is vital. We recommend that you not only get several quotes but that you also investigate and choose a solicitor carefully to make sure they will communicate well with you and all parties involved throughout the process. We can make some great recommendations if required based on our own experiences. Click here to visit our solicitors page.

Get quotes from solicitors and decide who toinstruct

6 - Find the property for you and make an offer

Here’s the exciting part – discovering a property you really want to buy! The best advice is to speak to your consultant; they will advise you on the best way to proceed for this property. Remember that when you make an offer you need to provide us with more than just the figure you want to offer; you also need to inform us of your buying position, how you are financing the purchase, any conditions of the offer, any timeframes you need to work to and who your solicitor will be. The more information we can give the vendor about your offer, the stronger that offer will be. Please note that there are no legal obligations on either side until contracts have been signed and exchanged. Click here to take a look at our properties to buy.

Find the property for you and make an offer

7 - Accepted offer

Once your offer is accepted the move-in process can begin! If you haven’t already you need to instruct your solicitor in order to get the property off the market and stop other offers being made on it. We will prepare the Memorandum of Sale and write to all parties to confirm the agreed sale price and any related conditions of the sale. The consultant will then be your main contact and communicator between all parties (you and your solicitor, the vendor and their solicitors, your mortgage broker and any onward chain).

Accepted offer

8 - Pushing forward with your mortgage application

As soon as your offer has been accepted you need to inform your mortgage broker / financial advisor and get them to start the ball rolling on your mortgage application, paying any applicable fees and filling in all forms as soon as you can. This means that your mortgage valuation will soon be booked in.

Pushing forward with your mortgage application

9 - The conveyancing process

James Pendleton’s team of London estate agents are with you throughout the entire process and will do everything they can to ensure a smooth transaction. You can help in this regard by keeping in regular contact and completing required tasks as soon as possible (for example putting your solicitor in funds for searches, returning your signed contract, transferring your deposit).

The conveyancing process

10 - Survey and mortgage offer

If you are taking a mortgage on the property the lender will instruct a surveyor to carry out a mortgage valuation to check the value of the property. You could also carry out a Homebuyer’s survey which looks at the property in more depth, or alternatively a full structural survey which is the most detailed option.  

Once the mortgage survey has been carried out, and if everything is satisfactory, a formal mortgage offer will be issued to you and your solicitor. You need to sign this.

Survey and mortgage offer

11 - Exchange contracts

When all enquiries have been answered, your solicitor is satisfied with the title and the terms of the lease (if applicable) and your mortgage offer is in you can move towards the exchange of contracts.  

In order to exchange both parties will have needed to sign their contracts and you need to telegraphically transfer your deposit to your solicitor (usually 10% of the purchase price). The completion date will need to be agreed by both parties by the point of exchange. Upon exchange you are legally committed to purchasing the property. 

Exchange Contracts

12 - Completion

Completion occurs when the remaining money is transferred from your solicitor to the vendor’s solicitor. We release keys to you once we get confirmation the money is with the vendor’s solicitor. You are now the owner!  

The James Pendleton Angel Department will have organised to meet with you and will also be on hand to help you find reliable contractors to carry out any planned work you may wish to do. Following completion we can also hold your keys for free!



To find out more about buying through us contact our Sales team today.
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Help to Buy
Lucy Pendleton to give insight into the recent November 2017 House Price Index.
James Pendleton is an amazing company. They have been a big part of me winning a bronze medal in Rio 2016 and have been so supportive with all my achievements, which wouldn't have been possible without them. They have given me so many opportunities, I am privileged to be associated with such fantastic people who give so much back to the local community.

Aaron
Having recently rented my property through James Pendelton, I can't recommend them highly enough. They walked me through the process and found me amazing tenants. From the first contact they were professional and informative. Thank you to Jacob, you were amazing. Thank you also to the Angel Department who, after realising I needed safely certificates, sorted everything out for me and made sure I had everything in order.

Giles
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