BUY

Feel at home with us

Moving home can be stressful, yes you have heard it being said a thousand times but, that is why you need a supportive estate agent who is going to help you every step of the way so, choose Propwel as your agent as we want to help you find the right property that you can call “home”. Not ready? no problem we are still here to help you if you have any questions for us.

When you are ready to buy your home our team will search our database of properties to find you a range of properties that match your criteria. We will keep you up-to-date about any new properties that match your criteria too.

Steps in the process of buying:

 

Set a budget: Decide how much you can afford to spend.

Get finances in place: Consider getting a mortgage in principle to make your offer more appealing to sellers. Find out how much deposit you will need. Get a mortgage in principle.

Find a property: Look for a suitable property.

Make an offer: Use an estate agent to make an offer on the property.

Hire a solicitor: A solicitor or conveyancer can help with searches and ensure there are no major issues with the property. 

Get a survey: A survey provides an expert's report on the property's condition.

Apply for a mortgage: Formally apply for a mortgage after your offer is accepted.

Exchange contracts: Sign the contracts with the seller to legally commit to the sale.

Complete: Pay any outstanding costs to your solicitor and receive the keys to your new home.

Important Considerations:

·       Stamp Duty Land Tax (SDLT):  This is a tax paid on property purchases above a certain value. The rates and thresholds can change, so always check the current government guidelines. Here is a link where you can check more information about Stamp Duty Land Tax - https://www.gov.uk/stamp-duty-land-tax


Why Buy With Us

Buying a property through Propwel has several advantages, particularly for buyers who want a smoother and more secure experience. Here are the key benefits:

1. Access to More Properties

  • Estate agents often have exclusive listings that may not be advertised online or available directly from sellers.

  • They can notify you quickly about new properties before they're widely marketed.

2. Professional Negotiation

  • Agents act as intermediaries between you and the seller, helping to negotiate price and terms.

  • Their experience can help secure a better deal or resolve disputes more smoothly.

3. Local Market Expertise

  • Agents know the local area well—property values, school districts, transport links, and more.

  • They can help you avoid overpaying or buying in a declining area.

4. Legal and Regulatory Guidance

  • Estate agents are regulated by professional bodies such as the National Association of Estate Agents (NAEA).

  • They're familiar with UK property law and required documentation like EPCs, property title, and anti-money laundering checks.

5. Help with Paperwork

  • Agents handle a lot of the admin: managing offers, facilitating communication with solicitors, and helping to progress the sale.

  • They can also assist with chain coordination (if you're buying and selling simultaneously).

6. Time-Saving

  • They schedule viewings, answer questions about the property, and filter out unsuitable homes—saving you time.

  • Some agents offer virtual tours or pre-vetting to make the process faster.

7. Peace of Mind

  • Agents have a duty of care and often carry Professional Indemnity Insurance, which adds a level of security.

  • You're less likely to fall victim to scams or rogue sellers when buying through a reputable agent.

If you're a first-time buyer…

At Propwel we will explain the steps, liaise with mortgage brokers and solicitors, and guide you through each stage—from viewing to completion.



All Our Sellers are Vetted

At Propwel we perform due diligence to ensure the property transaction proceeds smoothly and legally, especially when the property is currently tenanted. This involves checking the landlord's ability to sell, the terms of any existing tenancy, and the property's overall condition and compliance

Here's a breakdown of why and what is checked:

1. Ensuring Legal Compliance and Sale Ability:

 

ID Verification: Passport, driving licence (to check if name matches Land Registry or mortgage docs).


Land Registry Check:
Confirms the landlord is the registered owner and identifies any charges or restrictions on the property
Anti-Money Laundering (AML) checks
AML checks are a legal requirement under the Money Laundering Regulations 2017 (as amended)

Mortgage and Management Company Permissions:
Ensures the landlord has the necessary consent from their mortgage provider and any relevant management companies to sell, particularly if it's a leasehold property

Tenancy Agreement:
A copy of the tenancy agreement is crucial, outlining the tenant's rights, the length of the tenancy, and any special conditions

Right to Rent:
The buyer will want to see evidence that the tenant has the legal right to rent in the UK

Deposit Protection:
Confirmation that the tenant's deposit was properly protected with a government-approved scheme and the correct paperwork provided

2. Protecting the Buyer's Investment:
  • Inventory and Condition:
    If the property is being sold furnished, an inventory of items and their condition is needed.
  • Transfer of Deposit:
    The buyer will need to ensure the tenant's deposit is properly transferred to them.
  • Future Tenancy:
    The buyer may want to understand the terms of the existing tenancy and how it will be managed after the sale