Frequently Asked Questions
How much will conveyancing cost?
We have recommended solicitors who have agreed low fees if you use them when you buy an Antler home. The Sales Executive will give you the information of the solicitors so that you can choose who you would prefer to use. We will give you £500 off if you choose to use them.
How much will stamp duty cost?
You can calculate stamp duty using a calculator here.
Do I need a survey?
If you are taking a mortgage, then yes. The mortgage valuation will confirm to the lender that the property they are lending against is worth what you are borrowing. You will be required to pay a survey / valuation fee when you make your mortgage application. The lender will instruct a surveyor to carry out the valuation survey.
How long will it take to complete my purchase?
We would normally expect exchange to take place within 28 days of receiving draft contracts after making a reservation. Completion will depend on the stage of construction at the time of exchange of contracts. If the property is build complete, a fixed completion date can be agreed and is usually within two weeks of exchange. If your property is still under construction you will exchange on notice. This means when your new home is build complete we will serve a 7 day notice to complete in accordance with the contract.
What are searches?
Your solicitor will request searches from the local authority in order to check any planning history and any potential developments, roads and any mining near the property. You will need to provide your solicitor with funds in advance of these searches being carried out. They will usually request this when you instruct them.
When do I need to pay a deposit?
You will need to pay this to your solicitor in order for exchange of contracts to take place. This money is forwarded to our solicitor on exchange. This must be cleared funds prior to exchange taking place.
When do I need to pay insurance?
Usually once you exchange contracts. Your mortgage lender will insist on buildings insurance being in place. You may be able to include contents insurance with the same policy or you can take separate policies.
When do I sign contracts?
Once you have made your reservation your solicitors will receive draft contracts from our solicitors. Your solicitor will request searches and raise enquiries on the contract. Once you have received your mortgage offer and your solicitor is satisfied everything is in order you will be invited in to go through the documents to sign.
When will my mortgage lender release funds?
Once notice has been served to complete, your solicitor will request funds to arrive on the agreed completion date. This can take up to 5 working days in some cases.
Can I change my mind?
Right up until exchange of contracts, yes you can. Once exchange has taken place then you can’t. Please note you may be liable for admin fees, these would have been explained to you when you made your reservation.
When can I get my keys?
Once our solicitor has confirmed they have received all the completion monies, key release will be granted. The Sales Executive on site will meet you to walk through your new home, read the utility meters and handover the keys.