Different property types have different mortgage interest rates and application times – HMOs are only eligible for mortgage application approximately a year after purchase, whereas second-hand properties are eligible for mortgage application upon purchase. The interest rate varies for different types of properties.

The property purchase process generally takes 6 – 9 months in the UK. The entire procedure involves lawyers, surveyors, banks, buyers, and sellers. We work hard to shorten the entire procedure to under 6 months, so that our buyers can obtain the property of their choice at the earliest.

Buyers are responsible for lawyer fees and property price. Depending on the property type, there could also be other expenses required for different properties.