The Process
Reserving your home
Once you have chosen your home from our developments you will need to complete a reservation form and pay a small reservation fee. This fee will reserve your home for a set period of time during which we will take your home off the market and freeze the price, if you are not in a position to complete after this time we may be able to consider a request to extend from your solicitor.
When we receive your deposit we will supply you with a reservation agreement containing:
• Terms of sale, agreed price and a deadline for completion.
• Details of your home including land and communal areas,location, site layout and boundary details
• Floor plans for your property
• Specifications for your property, and where applicable additional upgrades available
• Energy efficiency details
• Fixtures and fittings to be included
• Details of things that may not be finished on the development when you complete the purchase, for instance road-wearing, landscaping or street lighting.
The Legal Process
You will need to appoint your own solicitor to take care of the legal aspects of your purchase. They will also offer you further advice in the run up to the completion of your purchase. Godliman-Watson Homes’ solicitor and yours will liaise to discuss contracts and to arrange within the agreed timescale, exchange of the property. The exchange of contracts is a legal process which binds both us and you in agreement for the sale and purchase of the property. Our homes are sold either freehold or leasehold with a lease period of 999 years where applicable. Your solicitor will advise you what applies to the property you are purchasing. Leasehold means that you pay a yearly ground rent. You also need to arrange your finances. A mortgage advisor will help you to get a mortgage if you need one. Our sales manager may well be able to refer you to our financial advisors who can recommend a mortgage that is perfect for your needs. Our financial advisors aren’t committed to one provider and will therefore be able to give a fair assessment of your needs and find a product ideally suited to you.
The Finishing Touches
As soon as you’ve reserved your new home you’re going to begin to think about how you want to make that space yours. You may have some thoughts about the finishes you would like incorporating and how you want your home to work. Our sales manager will spend time with you guiding you through not only our standard range of options but also listening and incorporating the many ideas and wants you are bound to have . Depending on what stage of build you have reserved your plot at some of our options and choices may not be available to you.
Completion
Once you have reserved your home the exchange of contracts should take place within six weeks. We will also contact you in writing to give you an anticipated date of completion. As work on your new home progresses we will keep you fully informed and should the date of handover change we will let you know. When your home is finished it will be inspected by a Building Inspector who will then issue a cover note to send to your solicitor. After this your home will go through our internal quality control checks to ensure that all work has been completed to our high standards. Prior to completion the sales manager will arrange an appointment for you and the site manager to visit your new home. At this time you will be shown how to operate the appliances, heating and other fittings in your home. Don’t worry if you can’t remember it all - once you have settled in we will arrange to come out and see you. You will also discuss the handover and occupation procedures at this meeting.You should now contact your solicitor and arrange for funds to be transferred.
The Big Day
It is the responsibility of your solicitor to handle the fi nancial transactions. This can take some time but as soon as our solicitor receives the funds and notifies us we will contact you and arrange a time to release the keys to you. We aren’t able to release the keys until this has taken place, therefore we recommend you keep your solicitor and mortgage lender aware of your timetable so that unnecessary delays aren’t caused. Our sales manager will meet you at your new Godliman-Watson home, when the keys are handed over you will be asked to sign a handover form.