Conveyancing

Conveyancing sale process explained

Selling

The process of selling a property can be slightly more straightforward than buying. A brief outline of the process is:

Instruction and Documentation

Once you have instructed us we obtain your title deeds, usually from your mortgage lender. We will ask you to complete a property information form and a list of fixtures and fittings which are to be included in the sale, this will form part of the contract. We will also ask you to provide any other relevant documentation such as planning consents and guarantees (e.g. Damp proof course or double glazing).

Contract package

We will prepare a contract package which will include the draft contract, title documentation, property information form and list of fixtures and fittings which will be forwarded to the buyer’s solicitor. Upon receipt the buyer’s solicitor may raise additional enquiries.

Exchange contracts

Exchange of contracts takes place between us and the buyer’s solicitor. At this stage you and the seller are legally committed to the transaction. 

Mortgage

If you have an existing mortgage we will obtain a redemption figure from the lender and prepare for you a financial statement showing all aspects of the transaction.

Completion

This is the point when the money is transferred electronically from the buyer’s solicitor to us, vacant possession of the property is required by the new owners and the keys are released to them. At this point we pay off any outstanding mortgage, legal fees and estate agents fees and forward any remaining monies to you.

Contact us for a consultation or follow the links for an explanation of the common conveyancing terms or more information on the conveyancing process.