Homemovers - Your step by step guide to moving home

This guide aims to cover each stage of moving home, so you know where you stand and what you need to do.

1. Set your budget

Before you start searching for your new home, it’s important you know what size mortgage you can afford; Use the mortgage calculator to see how much you may be able to borrow. How much a mortgage provider will lend you will depend on your individual circumstances and the type of property you are buying.

If you're selling a home, first ask an estate agent for a valuation. Don't forget to find out about their fees and how these compare with other agents.


Try our loan calculator to see how much a mortgage might cost, or check to see how much you can afford to borrow for a new car, in four easy steps.

This applies to repayment mortgages.

Mortgage Calculator


Monthly cost





Step 1 - Put the amount you want to borrow in the total box, or the amount you can afford to pay each month in the monthly cost box.

Step 2 - Put the term of the loan in the term box.

Step 3 - Put the interest rate (APR) in the interest box.

Step 4 - Press Calculate Now.



This information does not contain all the detail you would need to choose a mortgage. Make sure you read your individual Key Facts Illustration plus (KFI+) or the new European Standardised Information Sheet (ESIS) before you make a decision.

A KFI Plus of ESIS gives you tailored information, based on a particular mortgage and the level of lending you require, which is important to help you make your decision. This includes associated rates and fees, the overall cost of the mortgage and your monthly payments.

Please note this does not constitute mortgage advice and the figures shown are purely a guide. The actual rate available will depend upon your circumstances. Please ask for a kfi plus/esis.


2. Check out your mortgage options

There are a number of mortgage and repayment options available. Contact us for a free initial mortgage consultation so we can explain your options. Once you’ve made your choice, we can provide you with a Mortgage Certificate showing what you can borrow subject to some checks such as affordability. This is useful when dealing with estate agents and sellers because it shows you are a serious purchaser.

3. Make an offer

Once you’ve found your perfect home, put in an offer to purchase.

4. Your offer is accepted

If your offer has been accepted, the property you want to buy is said to be 'sold subject to contract'. At this stage the agreement is not legally binding. 

5. Appoint a solicitor or licensed conveyancer

When choosing a licensed conveyancer or legal advisor make sure you get a full breakdown of proposed costs, so you can see what they will charge you. We have links with trusted conveyancers who you can use for this purpose.

6. Apply for a mortgage

We will use our specialised individual mortgage programme to find you the most suitable mortgage product available. We will then apply for the mortgage on your behalf.

7. Obtain a property survey and valuation

Your mortgage lender will require a standard Valuation for Mortgage Purposes to be carried out by a surveyor of their choice. You may want to have a more detailed Home Buyer survey or a full structural survey carried out for your own peace of mind – especially if the property is old or needs some work. You may use the surveyor of the mortgage lender to carry out this further work (at an extra cost) or you may appoint your own surveyor.

8. Exchange of contracts

When your solicitor or licensed conveyancer has completed all the necessary checks, you'll be asked to sign a contract legally committing you to the purchase.

At this stage you'll also pay a deposit and agree a completion date. The deposit is usually a minimum of 5% of your property's purchase price. On average, you will have between two and four weeks before you can move in, so this is a good time to tell friends and colleagues, arrange insurance, contact the local authority and make arrangements with utility companies.

9. Sort out your mortgage protection and insurance

To exchange contracts you will need buildings insurance in place. We can arrange this for you. In addition we can provide mortgage protection, family protection and contents insurance. Even if you already have this in place this is likely to need reviewing due to your change in circumstances now you are moving home. As Independent Financial Advisers we have the whole market to choose from thus obtaining the best deal.

10. Drawing down the mortgage

Your solicitor or licensed conveyancer will obtain the mortgage fund from the mortgage lender ready to pay the seller.

At this point you will be required to pay your solicitor or licensed conveyancer for their work and for extra expenses. like Stamp Duty and the Land Registry Fee. Your legal advisor will tell you how much these costs will be.

11. Completion

Congratulations, you made it. You’re now the owner of your new home. Your solicitor or licensed conveyancer will complete the purchase, you collect the keys, move in and relax.

You can visit our sister company website to obtain some information regarding the tax situation.

Please note that this guide is for those buying a home in England, Wales or Northern Ireland.
Different rules apply for those buying in Scotland.
The Financial Conduct Authority does not regulate Conveyancing / Legal Services.

Kate Beale

For more information on homemovers contact Kate Beale on:

Tel: 01206 871120
Email: kate@bgafs.co.uk

We will use your name, email address and contact number ('personal information') to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with our advisers. For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy or contact info@bgafs.co.uk or 01206 871120 to obtain a copy.

Email communications are not secure and for this reason B G A Financial Services Ltd cannot guarantee the security of the email, its contents or that it remains virus free once sent.

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