A Step in the Right Direction
Buying a new home can be one of the most significant financial decisions a person can make, that is why we want to help make your dream home a reality whatever your situation. We want to provide each of our customers with a step by step guide, so you know what to expect when you buy new with Lagan. Take a look below and discover your home buying potential.
Your Dream Home
Finding your dream home is the first step in the exciting journey of homeownership and at Lagan, we are dedicated to providing you with quality homes that you can be proud of. Whether you are a first-time buyer, home mover, downsizer or even an investor our homes are designed to cater to your needs.
Find your home
Ways to Help you Buy
A range of various schemes are on offer to assist you in taking those next steps to your dream home. From unlocking your homeownership potential with a 5% deposit to a smooth move to something new with selling your existing property, we are here to help you understand your options better. We even have a panel of recommended Financial Advisers available who can guide you through the qualification process, ensuring you have a clear picture of your financial capabilities.
Read more
Reserve your new home
Found your dream Lagan home? Start the exciting journey to making it yours today! With our simple reservation process, our friendly team is here to guide you through every step, handling the paperwork and answering any questions you may have. Reserving your home also involves a reservation fee, which ensures your new home is secured and ready for you.
Legal Process
After reserving your home, it’s time to instruct professionals who will act on your behalf. Choosing a Solicitor and Financial Adviser is a crucial step and Lagan can provide recommendations and resources to help you find experienced professionals who specialise in new homes, that can assist you in your buying process.
Meet the Builder
In the early stages of your reservation, we will invite you to meet with the Site Team, so you can get to know the team building your home. This will be your opportunity to understand how your home is built and ask any questions you may have about your home or the development.
Make your Home your own
One of the unique features of buying a new build home from Lagan Homes is the ability to tailor your home to you. We offer a range of choices and optional upgrades, allowing you to customise your home according to your preferences. So why not tailor your home to suit your lifestyle! Our Sales Advisers will be able to discuss all the options available to you.
Read more
Exchange of Contracts
Once you have received your mortgage offer and you have signed and sent back the contract to your Solicitor, along with your deposit monies, this signifies all the legal and financial aspects are in order. It is now time to give your instruction to exchange contracts. This step finalises the deal and sets the stage for the completion of your new home.
Home Demonstration
Before moving in, we invite you to attend a home demonstration where you can familiarise yourself with the features and functionalities of your new home. The Site Team will demonstrate the features of your home and how the appliances work. Here, you’ll also witness the result of your personalisation choices and this can be an exciting moment as you see your dream home come to life.
Legal Completion & Handover
Lagan Homes will contact you to arrange collection of the keys to your new home. Our Team will be there to welcome you and share the excitement and of course help you through the handover paperwork and answer any questions you may have.
Make your Move
Finally, the big day has arrived! It’s time to move into your new Lagan home. With everything taken care of and your personalised touches in place, you can now relax and enjoy the comfort of your new abode. We take pride in making the entire process as streamlined as possible, ensuring that your experience as a first-time buyer, home mover, downsizer, or investor is stress-free and rewarding.
Buying a Lagan Home FAQs
Buying a Lagan Home
Can we reserve a property before it is released for sale?
Unfortunately you are unable to reserve a Lagan home before it is released for sale. You can however express interest in a particular plot to your Sales Adviser, who will be contact with you as soon as it is released for sale.
Is there a waiting list for a plot before it is released for sale?
Our Sales Advisers usually maintain a list of customers who have expressed interest in specific plots, those customers on the list will be notified as soon as the property of interest is released for sale.
If there is a particular plot in high demand and a long waiting list, it is not essential where you are within the waiting list. We will only be able to reserve a home, if you are in a proceedable position and this will all depend on where you are within your home buying journey.
Do you offer schemes to aid in the purchase of a home?
At Lagan we offer a range of schemes to help our customers get moving to their dream home. Whether you are a first-time buyer to downsizer, we have a range of schemes to help get you moving.
For further information on the schemes on offer our Ways to Buy page can help.
Can I use more than one scheme or incentive to purchase a new home?
Unfortunately you are not able to use more than one scheme in your purchase, you can however benefit from a scheme and an incentive together to assist you in the home buying process.
How much money is required as a reservation fee?
We usually require £500 as a reservation fee.
How much deposit will I need to pay?
The amount of deposit will vary depending on the scheme used to buy your home. If Deposit Unlock is used then you can expect to pay 5% of the property value on exchange of contracts in England. If no scheme is used then it is usually 10% of the property value in England.
Is my reservation fee refundable?
If you decide to no longer proceed with the purchase of your Lagan home and cancel your Reservation Agreement there is a 14-day cooling off period from the Reservation date which means we will return a refund in full.
If the Agreement is cancelled after the 14-day cooling off period there will be no refund issued.
What is the earliest date I can reserve a property?
The earliest date you are able to reserve a Lagan home is when the property is released for sale and you are in a proceedable position. Our Sales Adviser will keep you informed as soon as the property is released to the market.
Legal and Financial
What is a valuation survey and why do I need one?
Before a lender can issue a mortgage offer a valuation survey is required, this is an assessment of a property’s market value conducted by a qualified surveyor. At this stage a valuation fee is normally required.
What are the Local Authority Search Fees?
If you are buying your new home with a mortgage then a Local Authority Search will be required from the lender. This is to establish the local area and the land in which the property resides in relation to the footpaths, planning decisions or other proposals.
What is Exchange of Contracts?
When buying a property the term exchange of contracts occurs when both the buyer and Lagan Homes have agreed on the terms of the sale, including the price, completion date, and any other conditions relating to the sale. As the homebuyer you will have to sign and send back your contracts to your solicitor transfer your deposit monies and give the instruction to proceed to exchange. Upon exchange the transaction becomes legally binding. This means that both parties are committed to the sale.