Welcome to Paul’s Property Podcast, the podcast that answers all your questions about property, whether you are buying, selling, letting or just wanting to stay on top of what’s happening in the market. In this episode, we explain what you need to know as a first-time buyer.

Your host is Paul Bott of Paul Bott and Company, a multiple gold award winning estate agency in Brighton. Paul has been in the business for nearly 30 years and has a second-to-none knowledge of the property market in the Southeast of England.

This week, Paul talks to Aden (part 2), who has just had an offer accepted on his first property. Buying your first home is such an exciting time, but we know it can feel a little overwhelming too. If you’re in this position, this is the episode for you! Paul answers Aden’s questions, unpacking everything you need to know about what happens in the sales process, in a simple, no-nonsense way.

Contact us:

Paul Bott and Company

📞 01273 605 530

📩 [email protected]

🌐 www.paulbottandcompany.co.uk

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What’s in this episode?

00:42 Aden has had his offer accepted on his first property! He’s feeling a little pressured by his agents to use their recommended broker and solicitor. What should you do in that situation?

03:17 What’s the next step once you have your broker and solicitor on standby?

04:39 What does a mortgage valuation do?

07:00 What are searches?

11:17 Once I’ve paid my solicitor and they’ve made my file compliant, is there anything else I need to do?

12:10 Once I’ve signed up for my mortgage and the valuation has been completed, what happens next?

13:45 What is a LPE1 form?

15:27 How long will the entire process take?

17:33 Is there anything I can do as the buyer to speed up the process?

20:03 When can I actually move in and start my new life?

24:00 Final tips and advice to ensure your purchase goes through smoothly