LODGES - The Simple Buying Process1) Choose your Lodge Number2) Complete the Reservation Form3) Return your signed reservation form.4) We will con昀椀rm your chosen Lodge has been reserved and ask you to transfer the holding deposit to us5) We will con昀椀rm receipt of the transfer of your deposit(this will be held and be deducted from your 昀椀rst payment).6)We will then send a copy of the reservation form to your solicitor and to the developer’s solicitor.7)Your solicitor will email you acknowledging recipient of your reservation and will include their formalinstructions for them to act on your behalf.8) You return the terms of engagement signed to your solicitor and they will then con昀椀rm to thedeveloper’s solicitor that they have formal instructs and are acting for you regarding the transaction.9) The developer’s solicitor will send to your solicitor the full legal pack.10) Your solicitor will check the legal documents on your behalf to protect your interest, and then forwardtheir report to you with the documents for signature.11) You will sign the legal documents and return them to the solicitor and transfer the 昀椀rst payment(less the £3,000 deposit) to their secure client’s account.12) Your solicitor then con昀椀rms to the developer’s solicitor that he has the first payment and signed legaldocuments and transfers the funds to them AND EXCHANGE OF HAS TAKEN PLACE.This initial process will normally take a maximum of 2/3 weeks and you will be noti昀椀ed by your solicitorwhen the other payments are due, and we will be constantly monitoring the situation on your behalf.Your solicitor will forward the other instalment payments to the developer’s solicitor and when the lastpayment is received legal completion has taken place your chosen Lodge is now yours.Your solicitor will then prepare the formal legal documents of title and forward to the Scottish LandRegistry where your plot is legally registered in the names on the Legal Documentation, and when ithas been registered your solicitor will con昀椀rm the entry to you.Timeline WeeksLodgeTypeSales Price0010818DepositContract28 daysSlabCompleteLodgeDeliveredTotals£3,00020%40%40%£60,980£159,9501 Bedroom1 bed luxe£159,950£3,000£31,990LessDeposit£63,9902 Bedroom2 bed luxe£199,950£3,000£39,990£79,980£76,980£199,9503 Bedroom3 bed luxe£229,950£3,000£45,990£91,980£88,980£229,95015
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