How to buy a house in Britain

In Britain, buying a house mainly includes the following steps:

First of all, talk about housing prices. The buyer bids for the selected property, and after repeated negotiations with the seller, the buyer and the seller finalize the final transaction price.

Second, housing appraisal. The house appraiser will make a detailed report and summary on the building structure, present situation and safety factor of the house.

Three, verify the housing ownership registration files. The buyer's lawyer went to the National Real Estate Registration Bureau to verify whether the housing ownership registration file is true.

Fourth, sign a contract. If there is no big problem in the registration file of the house and the field background information of the house, the lawyers of the buyer and the seller will start drafting the house sales contract, and the contents of the contract are in line with the regulations. Once the two parties sign the contract, the real estate transaction will be protected by law. Usually, the buyer will pay the seller 5~ 10% of the house price as the down payment at this stage.

Verb (abbreviation for verb) Completion of real estate transaction. The vast majority of privately contracted real estate transactions usually take 1 month from the signing of the contract to the completion of the final transaction, that is, the payment of the house.

During this time, buyers will generally prepare for new houses; The bank will also use this time to transfer the loan applied by the buyer to the buyer's lawyer and finally enter the seller's account through the seller's lawyer. The name of the buyer will also be recorded in the registration file of the National Real Estate Registration Bureau.

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