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The Contract
Once all the necessary legal checks are completed, you'll be able to sign the contract.
- The seller signs an identical contract and your respective conveyancers swap these signed documents in what's known as 'exchange of contracts'
- You pay the deposit at this point through your conveyancer to the seller's conveyancer
- Once contracts are exchanged you are legally bound to buy the property
Make sure you're happy with everything before you sign:
- Have you received your formal mortgage offer?
- Are you happy with the survey report?
- Have the terms of the contract been checked and explained to you by your conveyancer?
- Have you arranged the appropriate insurances for you and your home?
Your home may be repossessed if you do not keep up repayments on your mortgage
Need a little help?
Speak to one of our Mortgage Advisers:
- By phone - Call us on 08458 50 37 05
- Apply at your local branch or Halifax Estate Agency - Find your nearest branch or Halifax Estate Agency and book an appointment with a professionally qualified Mortgage Adviser
Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. The call price we have quoted was correct in November 2008.
We may monitor and record telephone calls to help us provide a higher level of service.
