When you reach an agreement on a price with the vendor (people selling - although you usually negotiate with the auctioneer and don't actually negotiate with the seller directly) you then need to provide the auctioneer with some details:
1. A cheque for the deposit (some take a bank transfer or bank draft but mostly it will be a cheque. You should send this by registered post, unless you can easily deliver it in person.
2. Give the auctioneer your full name(s) for contracts. This is important especially if you have an abbreviated first name (Joe = Joseph) or a hard to spell surname. I'm sure you get the idea! This can speed up the contracts.
3. Your current address.
4. Your solicitors details.
Then you should get an engineers report done and inform your bank or mortgage broker that you have agreed a sale.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment