A Guide to Buying Your Retirement Home

Buying Guide

Beechcroft's Guide to Buying A New Home

With more than 30 years of experience, Beechcroft understands that buying and moving into a new home can be a stressful process particularly if you've lived in the same property for some years because you've made a huge emotional investment in your home.

Our team will be on hand to help you at every stage and we have produced this step-by-step guide to provide you with an idea of what you can expect during the selling and buying process.


Move With Us

Buying with Beechcroft, you'll be able to use our collaboration with 'Move With Us' to take the stress out of the sales process.

With this service, you'll be able to reserve your chosen Beechcroft home for up to six weeks, allowing time for the Move With Us team to develop a marketing strategy aimed at selling your home before an agreed date.

Marketing your current property with Move With Us

The Beechcroft team is always on hand to provide help and advice if needed.


Finding the right Beechcroft home for you

If you are interested in moving to a Beechcroft development, please register your interest with us and we will update you on a regular basis with details of our current and forthcoming developments. You will receive invitations to sales launches, show home openings and other events and, every year, a copy of our Beechcroft magazine.

Regardless of the type of home you choose, house or apartment, you can be sure that Beechcroft has designed it in such a way that it provides generously-proportioned living space but fewer bedrooms than one would expect in a mainstream property of a similar size.


Reserving your new home

Once you've selected your new home, you will need to reserve the property. This involves providing Beechcroft with a reservation fee and completing the reservation paperwork.

If you are going to use the 'Move With Us' service detailed above, your reservation fee will be processed only when you have agreed a sales price and a marketing strategy for your current home. The 'Marketing your current property with Move With Us' above provides full details.

On reservation, you will be taken through the plans for your new home and for the development and provided with full information including the specification, parking or garaging, garden details and an estimate of the service charges for this site. You will be asked to confirm that you have received the information from our sales team.

You will agree a date for exchange of contracts on your new property and this will be included on the reservation form.

Following reservation, you will need to notify your solicitor of your reservation and the date for exchange of contracts.


Buying off plan

If the apartment you are buying is not fully built, you are buying off plan. Buying at such an early stage means that you can secure the property of your choice. You will be shown the plans and given a copy of the specification.

You will still exchange contracts on an agreed date but you will not be given a completion date on exchange as this may be some weeks or months in the future. You will be given Notice To Complete, 14 days prior to the completion of your new home.


Reservation to exchange of contracts

If you are working with 'Move With Us', the team will help you through the buying process from reservation to completion. The team will liaise with the solicitors on your behalf.

If your current property is already on the market, we will liaise with your solicitors in order to follow the progress of your sale and to ensure that you will be able to achieve the dates agreed for the exchange of contracts on your new property.

Step 1
Your solicitor will be formally instructed and advised of the date on which exchange of contracts as soon as the reservation paperwork has been completed. You will need to pay search fees at this time. Searches are designed to uncover whether there are any planning or local issues that might affect the value of your new property. Fees are required within the first 7 days.

Step 2
Your solicitor will look through the contract documentation and raise any enquiries that he/she feels is necessary. The solicitor will receive the results of searches

Step 3
You will need to go through all the paperwork with your solicitor and sign the contract on your new home. You will provide an exchange deposit, normally 10% of the price of your home.

If your new home is complete, you will be given a completion date. If you have bought off plan, this may be some time in the future and you will be given an anticipated completion date and a notice to complete 14 days prior to completion.


Exchange of contracts

Once you have exchanged contracts, you are legally committed to the purchase of your new home.


Between exchange and completion

When your home is ready or almost ready, you will need to organise your new telephone service, postal redirection and notify your banks, building societies and utility providers.

You will have a home demonstration prior to completion, which will introduce you to the property and provide you with an opportunity to ask questions. Your new home will be thoroughly inspected and cleaned prior to completion.

You will need to prepare to pay the balance of the money required for the purchase of your new home. You may need to transfer the money to the solicitor in advance, if possible, to ensure that completion takes place on the allotted day.



Once the solicitor has confirmed that the remainder of the money to complete the purchase of your new home has been received, completion will take place and then the new property is yours.

Our sales team will arrange for you to collect the keys to your new home.

Meter readings will be taken which will need to be passed onto the various utility companies.

You will receive a handover pack, containing any manuals, guarantees, certificates and important information about your home as well as details of local services.