Our step-by-step guide to buying property will help you understand how you will go from searching to owning.
Property search: There are 2 ways you may go about searching for your ideal property:
You can search through our extensive online database of properties using our exciting search functions that enable you to find exactly what you are looking for.
For instance, our website allows you to search for a property based on design, property features (such as a fireplace) or even the view from the property!
Let’s say that for you, the living room is the most important room in the house as that is where you and your family will spend most of your time together. Our website enables you to see photos of all living rooms of all the properties on sale, so that you choose exactly those properties that you feel match your needs.
Or maybe you feel that a house must have a fireplace, or a view of the Alps. Our website will automatically filter all offers to find those properties that exactly offer what you want.
If you so prefer, you can contact us directly and we will discuss with you in detail what your requirements are. Based on the information that you provide to us, we will do all the searching for you and send you a shortlist of all suitable properties.
If in the unlikely event that you could not find a suitable property, you may post details of your search criteria on our online seller’s noticeboard for all potential sellers to see. Once we receive a suitable offer that matches your requirements, we will forward details on to you.
We will also be happy to answer any general questions that you may have.
Viewing: Once you have chosen which properties interest you, just let us know when is a convenient time for you to go on viewings. Remember, we understand that viewings are sometimes possible only in the evenings, which is why our longer opening hours are designed to make life easier for you.
We provide a one-stop-solution, which means that in the event that you do not have your own means of transport, we will happily arrange pick-up and drop-off for you.
Offer: Once you have found your ideal property, you will need to make an offer to the seller. All you have to do is let us know and we will begin negotiations with the seller on your behalf.
Contract - Once your offer has been accepted, our legal team will prepare the sales contract. The sales contract will stipulate all the terms of the sale in detail, including proposed date of property handover and a list of all included chattel assets.
It should be noted that all properties sold by Premier are vetted and legally checked beforehand in terms of ownership rights, rights of 3rd parties, legal charges over the property and all other possible encumberances that could hinder the sale.
We will liaise with mortgage lenders to ensure that any and all mortgage charges are removed at the time of completion and that the property will be free of any hindrances for the sale to complete.
If the purchase is subject to a mortgage credit, we will liaise with your mortgage provider and ensure that their requirements are fully met.
The sales contract will be signed by you first and then the seller (in the presence of a Notary). The signed contract will be kept with the Notary. At this stage, you will need to transfer 10% of the agreed sales price.
Tax – After the contract has been signed and 10% deposit has been paid, the seller must file a copy of the sales contract with the tax authority for calculation of transfer tax due and payable by the seller. We will monitor and oversee this process.
We will liaise with mortgage lenders and oversee the removal of any charges at the time of completion.
Completion – Once we receive confirmation from the tax authorities and final approval from mortgage lender (if any) you will transfer 90% of the agreed sales price.
Once the funds have been transferred, we will carry out property handover with the seller. We will make note of the utlity readings on this day an inform all service providers of change of ownership.
At this point, we will release the keys to the property to you and will file notice of change of ownership in the Land Registry.
Congratulations, your are now the legal owners of the property!