Get Help To Buy Buyer Transaction Process Flow Diagram Small Developers

This guide offers detailed instructions on how to complete the Help To Buy Buyer Transaction Process Flow Diagram for small developers. By following the steps outlined, users can navigate this essential online form with confidence.

Follow the steps to successfully complete the process.

1. Click the ‘Get Form’ button to obtain the necessary form for your transaction and open it in your preferred editing tool.
2. Identify a registered house builder and a suitable property. Ensure the builder participates in the Help To Buy scheme.
3. Complete the Property Information Form and the House Builder Reservation Form. Both forms must be signed by you and the house builder.
4. Submit the signed Property Information Form and the reservation form to your Help To Buy Agent within 4 working days, along with the reservation fee (maximum £500) if applicable.
5. Maintain communication with your house builder to finalize the property selection and confirm your commitment to their terms and conditions.
6. Receive the Authority to Proceed from your Help To Buy Agent within three days of their receipt of your forms. This document is critical for the next steps.
7. Inform your Independent Financial Advisor (IFA) that you are ready to proceed with the mortgage application based on the details provided in the Authority to Proceed.
8. Submit your full mortgage application to your lender as prepared by your IFA.
9. After obtaining a mortgage offer, ensure that the sale price matches the valuation conducted by the lender.
10. Your solicitor must send Solicitors Form 1 to the Help To Buy Agent at least five days before the exchange, confirming the mortgage offer and cash contribution.
11. Wait for the Help To Buy Agent to issue authorization for the exchange within three days of receiving Solicitors Form 1.
12. Once the contracts are exchanged, the Help To Buy Agent will confirm the expected completion date.
13. At least five days before completion, your solicitor will send Solicitors Form 2 to the Help To Buy Agent for final transaction confirmation.
14. After completion, your solicitor should inform the Help To Buy Agent within five working days and provide certified copies of the necessary mortgage documents.
15. Expect a standard letter from the Help To Buy Agent one month post-completion, detailing after-service support and key contacts.

Complete your Help To Buy documents online to ensure a smooth and efficient transaction process.