the process

A broad outline of our work is:

Buying your home

  • Obtaining contract documentation from your seller
  • Checking that the seller has good title
  • Agreeing the terms of the contract for your purchase
  • When everyone is ready, and the same moving date has been agreed with seller and buyer, exchanging contracts on both transactions at once; this is the stage at which you are committed to the move
  • Making the pre-completion legal arrangements and checks
  • Acting for your lender to make sure that its interests are properly protected
  • Getting the mortgage money from your new lender and any balance we will need from you including our costs to enable us to complete

On moving day

  • Paying for your new property
  • Sending any surplus money to you if appropriate

After completion

  • Submitting the transfer to Inland Revenue and paying the Stamp Duty if appropriate;
  • Registering your ownership with the Land Registry
  • Dealing with any post completion requirements of your lender
  • The deeds to the property will be forwarded to your lender.  If no lender is involved we will then take your instructions as to storage.
 

Selling your home

  • Obtaining title documentation
  • Drafting contracts and issuing the contract pack to the buyer’s solicitor
  • Negotiating a completion date
  • Obtaining a redemption figure
  • Preparing a completion statement
  • Exchanging contracts

Completion

  • Receiving funds from buyer’s solicitor
  • Authorising release of keys to buyer

Post completion

  • Redeeming existing mortgage(s)
  • Paying estate agent
  • Transferring any surplus to you
  • Sending relevant deeds to buyer’s solicitor

This is a simplified guide to the conveyancing process to help you to know what is happening at each stage.