And Renting Property: Buying

When you buy a home, the process officially kickstarts with the , prepared by the seller's solicitor and sent to yours.

If you are buying a property specifically to rent it out, current market data suggests that while sale prices rose by roughly 6.5% in 2025, rental prices increased by over 9%. Conveyancing Process Stages and Timeline buying and renting property

: The draft is not legally binding. It only becomes enforceable once "exchange of contracts" occurs, at which point a completion date is fixed and the deposit is paid. Renting Out Property (Being a Landlord) When you buy a home, the process officially