First Time Buyers

Trust Scullion LAW to help you move with confidence. We want to create a positive experience for you when you buy your first home. We know how exciting getting on the property ladder can be and we also understand this is probably going to be one of the most significant purchases of your life. It should be an enjoyable time, therefore it is crucial to get expert property law advice that you can trust.

We have years of experience and we pride ourselves on regular, clear communication. We will help you through every stage of the buying process to make it as stress-free as possible. To help you get started, we have created a useful First Time Buyers Guide which you can print off to keep yourself on track. Timescales and complexities can vary depending on individual cases, as each client is unique. That is why our service is bespoke. We will tailor our service to suit your needs and we will do everything we can to complete on time, answering any questions you have along the way.

Things to consider before you start looking at property

How much do I need to borrow?

  • How much deposit do you have?
  • What can you afford to repay each month?
  • When would you like to pay your mortgage off by?

Using a deposit

If you are using a deposit, it is important that you tell us at the beginning where the money is coming from e.g. gift from family or personal savings and provide evidence of the ‘source of funds’ such

as a bank statement. If part of your deposit is a gift, your mortgage lender will need to approve this and your lawyer will need to ID the donor and get evidence of transfer from bank statements.

Getting a Decision in Principle

Before making an offer on a property, you’ll need a mortgage lender to confirm that they are prepared to lend you money. This ‘Decision in Principle’ involves a credit check and a review of your credit score.

Scullion LAW has a close relationship with the highly respected Mortgage Advice Brokerage, and we are proud to share an office in the West End of Glasgow, 730 Dumbarton Road. Contact them today to explore all your mortgage options and get the deal that is best for you.

Understanding the Home Report

When you view a property, please read the Home Report in detail. This survey tells you the energy efficiency and value of the property. It also highlights any concerns e.g. state of repair and any alterations undertaken.

At this stage we would note your interest with the seller’s estate agents meaning they would notify us of any changes, such as a closing date for submission of offers.

Making an offer to buy your first home in Scotland.

Once your finances are in place we can submit offers on your behalf for FREE.

This will include price, date of entry and any extras you want such as white goods (fridge, freezer, dishwasher etc.). This is done by a formal letter. We will then negotiate the terms of your offer with the Estate Agent and the seller’s solicitor to get the deal that is best for you. Our friendly First Time Buyer team have the skills, understanding and experience required to guide you through the complex legal process from offer to entry. You can trust in us.

Our experienced New Business team, will deal with the initial stages until your offer is accepted.

Once your offer has been accepted, your mortgage broker will submit your mortgage application and liaise with your lender to get the loan offer issued in time for your move. During this stage our experienced Property Experts will take the lead and manage the complex conveyancing process whilst keeping you updated every step of the way.

Concluding missives

The formal legal process between your lawyer and the seller’s lawyer involves checking the titles, reporting and resolving any issues to you and your lender along the way. When all the legal checks are complete and the mortgage has been issued, then missives can be concluded. Please do not make any plans to move until missives are concluded. Until they are formally concluded either side can walk away without penalty.

Date of Entry

When the seller receives the money – you receive the KEYS!

At Scullion LAW we are dedicated to transparency about our fee structure. We will provide you with a fee estimate at the start of the process and detail any additional fees, so you are fully aware of our costs.

If you have any questions, just ask as we go along to iron out any issues as we go. We pride ourselves in Client Care so it is important to us that you are happy at every stage and aware of what is required of you, when and how. To help you, we have created a useful First Time Buyers Guide.

Additional services

As a full-service law firm we can add value to your client experience by working closely with other departments to help you get your personal legal affairs organised. You can speak to us about anything from putting a minute of agreement in place (if you are buying the property with someone else and want to protect your investment long term if, for example, you are putting in a more significant deposit than they are). The future is unpredictable and relationships change over time so, much like an insurance policy, we hope you never need to use it. We can also help you make a Will at the end of your transaction to reflect the change to your personal circumstances.

We strongly encourage all home owners to make a Will.

Additional information that you may find useful

Houses can be advertised in three different ways:

  • Fixed price: the first person to offer the stated price is accepted by the seller. There may be some flexibility due to the circumstances of the seller.
  • Offers over: the seller here will usually accept the highest offer.
  • Offers around: this indicates that the seller is willing to negotiate on the price.

Our Property Lawyers & Professionals will guide you on the correct offer to make depending on which pricing structure is being used. Your circumstances and those of the seller are unique and this is why our bespoke service can help you achieve the best price. Our Property Solicitors & Professionals know the housing market extremely well and consider all factors that can influence the price a seller will be willing to accept. You will receive personalised advice on the offer you should make depending on:

  • how long the house has been on the market;
  • how quickly the seller wishes to sell;
  • what the survey stated the property was worth;
  • whether or not there is a chain;
  • the state of the local property market; and
  • your personal circumstances, which can affect the attractiveness of an offer.

We then write to the seller’s property lawyers with your offer and negotiate on your behalf. When the seller accepts your offer, their solicitors send us a qualified acceptance letter explaining the conditions that must be met for the offer to be accepted.

.. the conveyancing process explained in more detail

Before signing the agreement, our expert Conveyancing Lawyers will carefully check the documentation received, including the title deeds and various reports and surveys, to see if we should seek to amend any terms of the qualified acceptance agreement. It is very important that these are meticulously examined to ensure there are no issues. We would discuss anything we did find with you, as well as with the seller’s solicitors, to organise a solution. If any terms of the agreement require amendment, we would discuss these with you and conduct negotiations with the seller’s lawyers.

Once all parties are happy with each issue on the agreement, it is signed and the missives are then concluded. It is then a legally binding agreement and if either you or the seller wished to withdraw, the other party could claim compensation for any loss incurred. A date of entry (the day of your move) will have been agreed as part of the missives as detailed above.

The seller’s solicitors provide the document that transfers legal ownership of the house (known as a disposition) and we provide the deed that secures the loan (known as the standard security) and you sign this document.

On the day of completion, our Conveyancing Solicitors transfer the settlement price to the seller’s solicitors and this is when you receive the keys to your new property. Congratulations.

Contact our Expert Property/Conveyancing Lawyers Glasgow and Hamilton

At Scullion LAW, we will guide you through the whole process of buying your first home. Every home purchase is unique with varying timescales but we will make sure you are informed at every stage and will work hard to ensure everything runs as smoothly as possible. Our level of experience of the local market and expertise in conveyancing matters means you can trust us to help you buy your first property and move with confidence.

Contact our Glasgow office on 0141 413 9250 or our Hamilton office on 01698 656 291 and let us help you buy your first home.

With over 33 years experience, our team of Property Professionals will guide you through the complex Conveyancing process. Read the guide below and call us – we will help you purchase the property of your dreams. Buying a flat or house is an exciting experience.

Download our FIRST TIME BUYERS Guide to getting on the Property Ladder

Your stress-free client journey with Scullion Property LAW

Click on the step by step property guide below to understand what is required from you and when

Excellence in Client Care Award WINNERS

Five Stars

Don’t just take our word for it. 
Visit our testimonials page to see what our clients think.

Contact us

Email: info@scullionlaw.com

130 Saltmarket
Glasgow
G1 5LB
01413742121

105 Cadzow St
Hamilton
ML3 6HG
01698283265

730 Dumbarton Road
Glasgow
G11 6RD
01414139076

Close