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Step-by-Step Buyer's Guide

Whether you’re new to the London property market, or you wish to move across the city, there is a lot to think about. We have devised the Ernest-Brooks International Buyer’s Guide to help make the process as easy and as stress-free as possible. To ensure the success of your purchase, here are the steps to follow:

Setting Your Budget

Before starting your search, it would be wise to get your finances in place. As a buyer, you will need to consider the following:

  • Your deposit funds
  • Solicitor’s fees
  • Mortgage (interest fees)
  • Stamp duty

Confirming a mortgage in principle can show you what kind of loan you are eligible for and give you an idea of some of the fees involved. This will help you to set a budget and commence the search for a new home! 

We would not advise settling on the first mortgage lender you come across. Instead, we are here to help you find a mortgage that suits your needs and your lifestyle. 

As expert property brokers, we can put you in touch with a wide range of mortgage lenders; all of whom are ready to give you the best rates and terms available.

Searching For The Perfect Property

To start the process, all you need to do is get in touch – so please call Ernest-Brooks International on 0203 621 8881. One of our team will provide you with expert advice based on your circumstances, alternatively you can register your criteria with us and we can keep you updated when the perfect property comes along.

To help find the perfect property, we ask that you give us an idea of your budget, preferred location and anything else that will help us understand your needs. You may wish to think about the number of bedrooms you want, the need for parking, and whether you would like a garden. 

Once we have a clear view of what exactly you are looking for, we will send you a list of homes matching your criteria.

If nothing is available, we will keep an eye on the market and let you know as soon as we find a matching property. We can keep you up-to-date with any developments via phone, text, email, or even post – the choice is yours.

Flexible Viewing Times

Our offices are open 8am to 8pm Monday to Friday, and 9am to 6pm every Saturday. However, we know that you may be busy. With this in mind, we can arrange viewings at times that suit you. This will help you secure early viewings, which is very often the key to finding the most desirable property.

Finding The Right Solicitor

Anyone buying property will need a solicitor. In fact, the success of your purchase could hinge on the experience and skill of the legal professional you choose. 

Your solicitor will handle all of the legal aspects of your purchase. We would therefore advise looking for a solicitor who is an expert in conveyancing and property law as a whole.

A good solicitor will keep you and us up-to-date with progression. They will also offer you the support you need to ensure the whole process of buying a house goes smoothly. 

Do you need help finding a property solicitor? If so, you should know that we boast a long list of industry contacts across the capital. Upon request, we will recommend solicitors who specialise in the London property market. 

We can also instruct your solicitor, and broker the quotes for you. This of course is helpful if you are overseas.

Making An Offer

Once you find the perfect property, it is time to make your offer. Upon request, we will do this on your behalf (in both writing and verbally). We can also relay any special requirements you may have.

We use our vast knowledge of the London property market to help secure the best possible price and terms for your purchase.

Offer Accepted

If the vendor accepts your offer, we can help make your transition from interested party to buyer as smooth as possible. This will involve preparing a memorandum of sale, and writing letters to confirm the agreed price. 

If you did not ask us to help you find a solicitor or mortgage broker, we will need you to provide their details. 

Exchanging Contracts

When you and the seller exchange contracts, the sale becomes legally-binding. So before you do this, it is important to settle any issues and agree on all of the terms in the final document. 

After settling all enquiries, it is time for both you and the seller to sign the contracts. You must then transfer your deposit (usually 10% of the agreed purchase price).

Completing Your Purchase

On the date of completion, it is now time to transfer the outstanding balance of the agreed fee (usually 90% of the total purchase price). Once the seller’s solicitor has received the residual fee from your mortgage lender, you are now free to collect the keys for your new home. Congratulations!

Free valuation Call us for further information about selling or letting your property on 0203 621 8881

'Very helpful, thorough, competent and extremely professional property consultants. Big thanks to Jason Ung who was my designated go-to guy for all my queries. Hassle-free and very coordinated as far as processes are concerned. Would recommend them to everyone'

Mr Aziz

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'I feel externally lucky to have met with Elliot Rainbow from Ernest-Brooks, he is prompt efficient and reliable. I have now recentaly sold two flats with him both in the Stratford area of London which was investment purchase.'

Mr Pierre

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'Fantastic service from Jack Wylie, Canary Wharf. Not only was Jack very accommodating when arranging viewings at very short notice, but he has since gone out of his way to provide assistance outside of typical working hours. Jack’s continuing help up to and beyond the point of agreeing a sale has been both incredibly helpful and greatly appreciated. Thoroughly recommended!'

M Holloway

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'Would highly recommend Will for all of your property needs! He took me to view a couple of properties in Stratford and Canary Wharf. He was extremely professional and his knowledge was second to none. He gave excellent investment advice and answered all of my questions! Thanks Will!'

L Rex

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'Great estate agents providing reassurnace and quality service every step of the way. Over the course of the sale of my property which became challenging at points Kieran and Elliot proved time and time again to be the best local agent in the area. Me and my partner will be definitely recommending Ernest - Brooks in the future.'

S Moose

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'Mark Ross was amazing through the whole process of buying an apartment. He kept me informed at all times what was happening and pushed on my behalf to the mortgage advisors and solicitors. Definitely recommend going through Mark on a purchase.'

K Tailer

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'Ernest-Brooks is a very professional company. We really had a great issue with selling our off-plan apartment and time was running and because of Elliot in Ernest Brooks, they managed to find the buyer in time and saved our 100k advance payment investment. Well done Elliot. Many thanks and will always remember you and your professional attitude. Cheers'

H Younus

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'Mr Wylie I I really appreciate your efforts and wish if you could communicate my heartfelt gratitude to Mr. Rainbow and Mr. Rutkowski as well'

Mr Singh

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