SELLING A PROPERTY

Prior to securing a sale, we recommend you complete your research on which solicitor will best suit your needs and preferred means of communication. Remember, the cheapest option is not always the best option.

• You instruct your chosen solicitor and pay money on account. 
• You promptly return completed forms and ID 
• Your solicitor issues Contract Papers to the buyer’s solicitor and they send the contract to you to sign and return. 
• You then return the signed contract to your solicitor. 
• Your solicitor receives enquiries from the buyer’s solicitor and sends them on to you. 
• When your solicitor receives your responses to the enquiries, they will then forward them on to the buyer’s solicitor. 
• Your solicitor then issues a financial statement to you showing the balance available from the sale. 
• The file is signed off by your solicitor. 
• A completion date is agreed between all parties in the chain. 
• An exchange of contracts takes place.

PURCHASING A PROPERTY

Prior to offering, we hugely recommend you seek professional advice from an independent financial advisor. They will be able to advise on the funding options available to you and the associated costs.

• You instruct your chosen solicitor and pay them on account, return completed forms, ID and proof of deposit. 
• The solicitor then receives and reviews contract and title documents and requests searches on the property you are purchasing. 
• Initial enquiries are raised with the seller’s solicitors on the title to the property. 
• The solicitor receives your mortgage offer and reports to you on the mortgage with a financial statement and mortgage deed for you to sign and return. 
• You can then return the signed contract and mortgage deed. 
• Search results are received, and any additional enquiries are raised and the solicitor reports to you regarding the searches. 
• The solicitor receives the replies to title and search enquiries and reports to you on these accordingly. 
• They then report to you on the property and enclose a contract for you to sign and return to them (some solicitors send contracts for signing at the beginning). 
• You then send deposit money to your solicitor in preparation for an exchange of contracts. 
• Now there is a final file sign off by the conveyancer. 
• The solicitor requests mortgage funds and requests any remaining balance from you, and a completion date is agreed between all parties. You will need to obtain building insurance on your purchase commencing from the exchange date, not the date of completion. 
• You then exchange contracts.