The Tilia Homes Buying Process

A simple guide to what happens from reservation to moving day

Buying a home can feel like a big step

Buying a new home can feel exciting, but it is also normal to feel unsure about what happens next.

To help make the journey feel clearer and more manageable, we have broken the process down step by step. From understanding your budget to getting the keys to your new home, this guide will help you know what to expect at every stage.

Step one – Understand your budget

A good place to start is by speaking with an independent financial adviser to understand what you may be able to afford.

This can help give you a clearer idea of your budget and help you feel more confident as you begin your search for a new home.

Once you have found the right Tilia home for you, a sales executive at your chosen development will help you reserve it.

You will pay a reservation fee, which will be deducted from the final purchase price when your purchase is completed.

If you decide to cancel within 14 days, you will receive a full refund. If you cancel after 14 days, the fee will be refunded minus any reasonable costs and expenses incurred.

After reserving your home, you will need to appoint a legal representative and share their details with your sales adviser.

They will handle the legal side of the purchase and help make sure everything is completed correctly throughout the process.

Your legal representative will receive important documents relating to your new home, including the draft contract and conveyance plan.

They will carefully review everything and raise any questions or checks needed before moving forward.

Once your budget has been confirmed and your home is reserved, you can move forward with your mortgage application.

This application will be linked to the specific property you are buying. It is helpful to keep your Tilia Homes sales executive updated as your application progresses.

After your mortgage application has been submitted, a survey will be arranged.

The surveyor will assess the value of the property to make sure it meets your mortgage lender’s requirements.

Once the survey has been completed, your mortgage lender will send you a formal mortgage offer.

Take time to review the details carefully before signing and returning the documents. Keep your legal representative and sales executive updated during this stage.

Before contracts are exchanged, you will review and sign the final contract documents, including details about your deposit payments.

Once everything has been agreed, you will be ready to move to the next stage.

Your legal representative will exchange contracts and transfer the deposit to our solicitors.

At this point, both sides are legally committed to the purchase. Your deposit is protected from exchange through to completion by the NHBC Buildmark Cover, which also includes warranty and insurance protection.

On completion day, the remaining funds will be transferred and you will receive the keys to your new Tilia home.

This is the moment your new home officially becomes yours.

Now it is time to move in, get settled and start enjoying life in your new home.