Buying Guide

Buying a property is an exciting step, but it can also feel a bit overwhelming — especially if you’re unfamiliar with the Scottish process.

At limehouseltd, we’re here to make things as clear and straightforward as possible, guiding you through each stage so you know exactly what to expect.

Step 1: Get Prepared

Before you start viewing properties, it’s important to understand your budget.

If you’re purchasing with a mortgage, we recommend speaking to a lender or broker to obtain an Agreement in Principle. This gives you a clear idea of what you can afford and shows sellers that you’re in a strong position when making an offer.

If you don’t already have a mortgage advisor, we can recommend someone we trust and work with regularly who can guide you through the process and help secure the right deal for you.

You should also consider additional costs such as Land and Buildings Transaction Tax (LBTT), legal fees and moving costs.

Step 2: Register Your Interest

If you see a property you like, get in touch with us to arrange a viewing.

Once you’ve viewed, you can formally “note interest” in the property. This doesn’t commit you to anything but ensures you’ll be kept informed if there is significant interest or if a closing date is set.

Step 3: Making an Offer

In Scotland, all formal offers must be submitted through a solicitor.

Before this stage, we’re always happy to have an open conversation about your position and discuss potential offer levels based on current interest in the property and market conditions.

In many cases, buyers will put forward a verbal offer first. This allows us to have an initial discussion with the seller and establish whether there is a potential agreement before progressing to a formal written offer through your solicitor.

If a closing date is set, your solicitor will submit your best offer by the deadline, along with any conditions.

Step 4: Offer Accepted (Missives)

If your offer is accepted, your solicitor will begin the legal process known as concluding missives.

This involves negotiating and agreeing the terms of the sale. Once missives are concluded, the agreement becomes legally binding.

Step 5: Surveys & Checks

In most cases, the Home Report will provide the information you need. However, depending on the property, your solicitor or lender may recommend additional checks or reports.

Step 6: Date of Entry & Completion

On the agreed date of entry, funds are transferred, and once received, the keys are released.

This is the point where you officially become the owner of the property.

Our Approach

Even though we act on behalf of the seller, we aim to make the process as smooth and transparent as possible for buyers too.

We’ll keep you informed, answer any questions you have, and make sure you understand what’s happening at each stage.

Looking for a Property?

If you’re searching for your next home, you can register with us to hear about new properties coming to the market.