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Purchasing a property

Purchasing a property

Old Sep 30th 2015, 6:40 am
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Default Purchasing a property

Hi,

Before we commit to buying a property can I just clarify when we see a property we wish to buy can we begin negotiating or do we need to put down a deposit with a lawyer and then begin negotiating.

If it is the latter is the deposit refundable if the vendor doesn't agree to our offer?
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Old Sep 30th 2015, 7:18 am
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Default Re: Purchasing a property

Negotiate first.
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Old Sep 30th 2015, 7:47 am
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Default Re: Purchasing a property

Having negotiated, visit your independent soliciter/lawyer (you find him/her and you employ him/her) and get what you have agreed to buy put down on paper so that there is no dispute later. Then pay a deposit and remember that if you fail to follow through the deposit will be given to the seller, you will not see it again!
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