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Buying Guides

Step 1: Financing
Unless you are a cash buyer, the first thing you need to do is work out how much you can borrow, how much deposit you will require and agree on the necessary mortgage in principle.
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Step 2: Dream Home
Time to find your Dream Home. You can browse our ‘Current Developments’ or ‘Past Developments’ or simply contact us directly to understand more about the properties we currently have available and to organise a site visit.
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Step 3: Reserve
To secure your dream home, you’ll need to pay a reservation fee of £5,000 and be in a position where you can proceed to buy, e.g. sale agreed on an existing property, living in rented accommodation or cash buyer etc. From this point, no one else will be able to reserve your new home for 28 days.
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Step 4: Find a solicitor
You will need to engage with a Solicitor that specialises in conveyancing (preparing property transfer documents), so someone can take care of all the legal aspects of the home-buying process.
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Step 5: Mortgage
Now it’s time to arrange your Mortgage. Once you’ve spoken to a mortgage advisor or Independent Financial Advisor (we can recommend local Advisors), you can select the option that’s best for you. As part of this process, your mortgage lender will arrange a valuation of your current property, to confirm that the house is worth what you’re paying for it. This will involve a small fee.
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Step 6: Exchange
Usually, within 4-6 weeks of you making your reservation, all the legal surveys & enquiries would have been processed by your Solicitor, and you will be in a position to exchange contracts with us. At this point, you will need to pay a deposit of 10% of the cost of your new home – legally confirming you will purchase the property.
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Step 7: Legal Completion
On completion, the purchase monies are transferred from your Solicitor to Tregenna Properties, and you officially become the legal owner of your new home. You will be presented with a ‘Welcome Pack’ by our team, and will be walked around your property so any initial questions you may have can be addressed.
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Providing help for

First-time buyers

As a young team, we know first-hand the excitement of finally buying your first home. We also know that with this excitement comes nerves, and many questions – this is natural. At Tregenna Properties, we’ll do our best to support you each step of the way.

Hopefully you are aware, that as First Time Buyers you don’t need to pay Stamp Duty, you may also wish to take advantage of the Help to Buy scheme, available on many of our properties. Otherwise, if you have any questions – please don’t hesitate to contact us. Even if you’re only in the early stages of considering your first purchase on the property ladder.

Supporting you with

Help to buy

At Tregenna Properties, we choose to work with our local community; for our local community. 

We aim to deliver high-quality homes for those wishing to enjoy living in this wonderful environment – so we want to make buying our homes as simple as possible.

If you quality, with only a 5% deposit, Help to Buy supports you to take out a 75% mortgage with the help of a Shared Equity Loan from the Government of up to 20% of the value of the property.

Please contact us directly for more information or find more information by visiting: www.helptobuy.org.uk for the Help to Buy Buyers Guide.

Tregenna Help to Buy