Buying your new Create Home
Making the decision to buy a new home will be one of the most important and exciting decisions you will ever make and we want to help you through that process. We are there to support you every step of the way.
Here, we have put together a step-by-step buying guide for purchasing your dream Create Home to help you through the process.
STEP 1. Find your dream home
STEP 2. Find out how much you can borrow
Initially, why not try our Create Homes Mortgage Calculator - and if you are a first-time buyer, our Help to Buy Calculator? These will give you a basic idea of the sort of figures you could be looking at.
It is really useful to speak to an Independent Financial Advisor (IFA) who will be able to talk to you in detail about how much you can borrow, which mortgages are available to you and give specialist advice on buying a new home and choosing the right mortgage for you.
Independent Financial Advisors can also help you to apply for a mortgage in principle (a mortgage agreement based on the financial information you provide). If you don’t already have an IFA, speak to your Create Homes Sales Executive, who will be able to put you in contact with one.
If you have a property to sell, you can factor in the equity you already have in your home in the calculations. Create Homes have a Part Exchange Scheme to help things move more quickly.
STEP 3. Reserving your Create Home
Once you have fallen in love with one of our Create Homes, it is time to reserve your new home so that it cannot be sold to anyone else. To do so, you will need to be in a position to purchase, which means having a mortgage agreed in principle.
Your new Create Home will be secured for you with a small reservation fee and you will have 28 days before you need to pay your 10% deposit. It is at this stage that your Sales Executive will supply you with important information about your chosen home and the development as a whole.
From now on your Create Homes Sales Executive is with you all the way to help the buying process run smoothly and advise you with anything you need during your home buying journey.
STEP 4. Appoint a solicitor
If you’re unsure who to appoint, speak to your Create Homes Sales Executives, who will be able to put you in contact with a selection of local solicitors. Once you have appointed your solicitor, instruct them to apply for searches as this can take up to 21 days or sometimes longer, so the sooner these are done the better.
STEP 5. Apply for your mortgage
Now your home is reserved, it’s time to formally apply for your mortgage. Its best to do this through your Independent Financial Advisor (IFA) who arranged your mortgage in principle. Once you have received your offer, sign the form to accept it.
STEP 6. Make our house your home with personalisation
Imagine all the possibilities when personalising your Create Home before you move in, all the choice - and none of the hard work!
There are many possibilities available to personalise your Create Home in advance - from choosing your own quartz worktops, extractor hoods & breakfast bars - through to fitted wardrobes, carpets & tiles - and all the finishing touches in between.
Your Sales Executive will book an appointment with you to discuss all your options when you reserve your home.
Tahe a look at some of the personalisation options available in our blog - Personalise your Create Home.
STEP 7. Exchange of contracts
Your solicitor will let you know once all the legal work has been complete and when the exchange of contracts can take place. It is at this point that you need to arrange for your deposit to be with your solicitor and sign the contract for the purchase of your new home.
STEP 8. Formal notice
Once your home has been finished and approved by warranty providers Checkmate, we will send your solicitor a formal notice and agree a completion date.
STEP 9. Your personal home demonstration
You will be invited for an important Home Demonstration with your Sales Executive and Site Manager. This is your opportunity to see how your new home works, from turning on your alarm, using your new cooker and heating system, to where to find your stop tap.
STEP 10: Online customer portal access
You will gain access to your digital Customer Portal on the Create Homes website, which will have all the documents, contact numbers and information you will need once you move into your new home, all in one place.
STEP 11. Final important steps to complete your purchase
Your solicitor will send you a completion statement and ask for any outstanding monies to be paid. Sign your name, very proudly, on the dotted lines on your transfer deeds and mortgage.
On the day of completion, your solicitor will take care of all the paperwork. Once everything has been completed, your Sales Executive will let you know when your keys are ready to pick up.
STEP 12. Moving in day
The Big Day is here! All that dreaming has led to this exciting moment when you can start living in your new Create Home. It’s true that moving home can be tiring, but once you’re in, you can unpack at your own leisure and start an exciting future in your brand new and stylish Create Home and the brand-new lifestyle your home & location offers.
Here to Help
- When buying a Create Home, you are in safe hands. Speak to one of our Friendly Sales Executives today about how they can help - or enquire on the form below.