fbpx

The Reservation Process

Reserve Your New Home Online Today

Our helpful sales team are currently available by telephone and email, Thursday to Monday 10.30 am till 5.00 pm. Please click on the development you are interested in, where their contact details can be found.  They are there to provide you with all the information you need about the development and explain the various house types that we are offering for sale including the current deals available on specific plots for early completion.  You will be guided through the sales process from reservation through to legal completion.

Step 1

If you require mortgage advice or want to take advantage of the Governments Help to Buy Scheme which runs until 2021, our Sales Advisors are happy to arrange an appointment with one of our recommended independent financial advisors, who will be able to give you advice on what type of mortgage is best suited to you. Viewings are available strictly by appointment only

Step 2

You choose your new home

Step 3

Reserve your new home today using the online form below. Once your deposit has been paid, we will hold this for you for 28 days. Payment can be made via BACs transfer – Account details are shown in the payment section of the Online Reservation.

If you prefer to call us to make the reservation, that is perfectly fine, just call the sales number of the development you are interested in and the Sales Advisor will be more than happy to help.

You will need to have the following documentation scanned and emailed over to the sales office.

Photographic proof of ID for all purchasers, (valid driver’s licence or a passport)

Proof of home address for all purchasers, (a utility bill or bank statement less than 3 months old)

Copies of these documents will be sent over to our solicitors with the reservation paperwork as part of our due diligence procedures.

Should you withdraw from the purchase 50% of the deposit will be withheld and will go towards administration fees.

The Sales Advisor will be able to make a telephone call with you to go through all the plans for your new home and will show you the electrical, kitchen and bathroom layouts, and any colour choices that may have already been selected together with the details on the external materials.

A copy of the reservation document will be given to you to keep for your own records

Remember you will need to be able to exchange contracts within 28 days; the solicitors and the Mortgage Advisor will be made aware of this deadline.

Step 4

You will now need to instruct a solicitor to act on your behalf, we do have recommended solicitors that you can choose from, these are solicitors that are familiar with our contracts therefore will keep the cost to a minimum and they will be aware of the exchange deadlines that will be imposed. You will need to formally instruct them, they will require fees from you to enable them to apply for the local searches. At this stage, you will need to speak to the mortgage advisor and confirm that you have made a reservation, they will need to know all the details of the purchase. They will let you know what you will need to do next to complete your mortgage application. You will be required to pay them a survey fee on behalf of the bank or building society.

Step 5

The Sales Advisor will be talking regularly with your Solicitor and your Mortgage Advisor to ensure that the sale proceeds as smoothly as possible and that you meet the required exchange deadline. You will be given regular updates that will save you the time trying to make calls during your working day. They will also be able to keep you updated about the build stage of your property.

We appreciate that is very exciting buying a brand-new home and we are sure you will at times want to visit your new home whilst it is under construction. Due to the Coronavirus, currently there is no access onto the development.

Step 6

Just prior to exchange of contracts, you will receive your mortgage offer, your solicitor will want to discuss this and the contracts with you. You will be required to sign the mortgage documents and return them to the lender. Your solicitor will require your signature on the legal documents, at this stage, you will need to pay the exchange deposit which is 10% less your reservation fee for non-Help to Buy sales and 5% less your reservation fee for Help to Buy sales.

Note: The deposit for exchange of contracts MUST be in your solicitor’s bank and cleared so that exchange can take place.

Once exchange has taken place, we will write to you to confirm and we will be able to give you an indication of the expected legal completion month (if your new home is not already built).

You will be invited to a Home Demonstration usually about two weeks before you are due to move in. This is a tour of your new home to show you where everything is located and how everything works. You will have the opportunity to ask as many questions as you like. This visit takes place during normal office hours – 10.00 am – 3.30 pm and will last approximately one hour.

You will need to start making arrangements for the big day, you will need to let people know that you are on the move, so, why not download our top tips for moving in the useful information section of the website.

The final stage

Moving day has arrived!

Your solicitor will have already requested funds from your lender (if you are taking a mortgage) a few days before completion to ensure they arrive on the day expected.  Once the funds arrive in our solicitor’s bank the Sales Advisor will be able to release the keys.

You will be met by a member of staff who will be handing over your new home. You will walk around the property just make sure you are happy with everything. We will need to take the meter readings so that we can inform the relevant utilities that you are now the homeowner, we will take care of the bill up until legal completion has taken place.

The only thing left to do is to hand you your keys and wish you every happiness in your new Barwood Home.

New Homes for Sale