Mortgage advisors can help you manage all the costs associated with a new home and mortgage. Since they specialise in new builds and search the entire market, they may also have exclusive deals not available elsewhere.

Every member of our preferred panel is independent. The panel works for homebuyers and works with Redrow to make sure the whole process goes smoothly.

No - you can choose any solicitor or mortgage specialist. Using a member of our panel just means that we can work together more quickly to speed up the process and fix any issues.

Mortgage lenders may ask for employer references to make sure that all the information you give as part of your application is correct.

Your current home will be independently valued at least twice so that we can offer you the fairest possible price for your Part Exchange, based on a presumed sale within 6 weeks. You remain in control at every stage and it’s up to you if you still wish to proceed once you’ve been given an offer for your current home.

Following the independent valuations of your existing home, we’ll make you an offer which you’ll need to respond to within two working days. If you do not accept the offer, your Part Exchange application and reservation for your new Redrow home will be cancelled.

During the property buying process, your conveyancer or solicitor may raise additional enquiries regarding issues identified in a survey or related to the property title, ensuring all relevant matters are thoroughly addressed before you complete the purchase. These enquiries can pertain to documents that the seller's conveyancer is responsible for providing, including:

• Draft contracts.
• Property forms.
• Home Information Pack (HIP).

Joint tenancy involves two parties. In the event of one party's passing, their share is automatically transferred to the surviving party. As a result, the remaining party gains complete ownership of the property.

Part Exchange is only available on selected plots and developments and is subject to terms and conditions, details of which you can find at the bottom of this page. Ex-local authority, leasehold and investment properties along with apartments, homes which have listed status or an EPC rating below an E cannot be used.

In the context of property, a chain refers to a situation where a buyer's ability to purchase a new property depends on the successful sale of their existing home. Read our guide Buying within a property chain.

A freeholder is a person who has complete ownership of a property or piece of land.

A guarantor is someone who agrees to make payments on a borrower's debt, should they fail to pay.

A Homebuyer Survey ascertains the value of a property and is often carried out as part of a mortgage application.

In England and Wales, the Land Registry office is responsible for registering properties. In Scotland, this function is fulfilled by Land Registers. To register legal ownership of a property, any applicable fees (such as the Land Registry Fee) are usually paid through your solicitor or conveyancer.

As a leaseholder, you own a property but not the land it stands on. This will revert to the freeholder at the end of an agreed lease.

This refers to when there may be three or more estate agencies working on a vendor's behalf.

An instruction is what happens when a seller formally tells an estate agent to start marketing their property.

In this process, a property is listed for sale, and interested buyers submit sealed bids by a specified deadline to the estate agent. The seller then evaluates the bids received. Unlike traditional sales where the seller pays a commission fee to the agent, in these transactions, the buyer pays an introduction fee instead.

Under Sole Agency, a single estate agent is responsible for selling a property.

Subject to Contract agreements are provisional and not legally binding.

This term refers to the co-ownership of a property by two or more parties. In the event of one passing, their share of the property doesn't automatically transfer to other parties. Instead, it becomes part of the deceased party's estate.

A Title Deed document certifies a property's legal owner.

During a Title Search your solicitors will research a property's ownership history.

The Valuation Survey is the simplest type of survey conducted. If a valuation survey determines that the property is not valued at the requested amount, it could lead a lender to reject a mortgage application.

Conveyancing refers to the administrative and legal tasks involved in the purchase or sale of a property, and is conducted by a property lawyer, solicitor, or licensed conveyancer. It can include things like usage restrictions, leaseholds, rights of way, access to utilities and more. This process begins once your offer is accepted and concludes when final contracts are signed, and funds are transferred.

Engrossment is the final, completed document that your solicitor provides ready for you to sign.

Tenure refers to the specific terms under which a property is held - either freehold or leasehold.

Once you’ve completed your Part Exchange application form, we will then instruct our preferred independent partners to carry out valuations of your current home.

Our panel works with us regularly, so members are familiar with our ways of working and the intricacies of our homes. Plus, of course, it's in their interest to provide our customers with the best experience.