You have probably congratulated yourself on getting through the initial stages of a mortgage application. Completing the agreement in principle, where the lender will give you an indication of the amount they can lend. The next stage is to complete a Needs and Circumstances conversation where you will give over all of your financial income and outgoings, the monthly budget you have available to pay the mortgage down and what type of mortgage you want.

There then follows the process of conveyancing. This stage can seem to be you paying a lot of money for very little. It’s why you need to have a Conveyancing Cheltenham based company like Montpelier Legal on hand to help you get through it. They will be able to advise and guide you through the legal side of the purchase and keep you informed on all the stages.

Basically, the Conveyancers will make sure that there are no legal bars from covenants, rights of way, potential compulsory purchases and if there are any issues from the survey that need to be dealt with. A good rule of thumb with a house purchase is that if you don’t hear from the Conveyancers, everything is going as it should be!

Finally, the conveyancers will be the ones that will take the money from the lender and then immediately pass it onto the builder or seller. Once this is confirmed you can receive the keys to the home from the seller, an official act of making it your own home.