Our fast, communicative approach where you file is always up to date will ensure your sale will complete sooner.
We carry out the legal work to sell your property, acting on your behalf to protect your interests until the time that the property is no longer your responsibility. We prepare the Contract for sale and provide to the legal representatives of the Buyer information relating to who owns the property and has the legal right to sell it.
There may be a chain of Buyers and Sellers, where each purchase is linked to a sale. These chains may be comprised of any number of buyers and sellers, and can lead to delays. Where such situations arise we are proactive in ensuring that all parts of the chain We are a proactive firm who are willing to chase parties involved to ensure the transaction is driven forward to completion as quickly as possible.
Conveyancing Process when Selling a Property
The following are the keys stages of the sales conveyancing process, once an offer has been accepted:
You will need to inform your Estate Agent (where one is involved) who you have instructed to conduct the legal work on your behalf.
Property Information Forms (Protocol) forms are sent to the client for completion.
These are forms completed by the Seller, explaining the condition & other information about the property including what items will be left in the property when sold. These will be sent out as soon as we are instructed and the file is opened.
The Sale Contract is drafted and submitted
The initial paperwork and Contract is issued to the Buyer’s legal representative to enable them to raise enquiries (questions) about the property being sold. We will send this at that the earliest opportunity so the buyer can proceed as quickly as possible.
Replies to Enquiries Raised
This is where the Buyers Lawyer will ask questions about the property. These enquiries will often relate to legal rights enjoyed by the property or any alterations to the property which have been made. We will refer any enquiries necessary to you and ensure that prompt replies are then sent to the Buyer.
Terms are agreed and a date is set for completion
We will discuss fully with you any requirements and ensure a completion date is agreed that works for you.
Contracts are exchanged
The Seller and Buyer become contractually bound by the terms of the contract and a completion date is set. A deposit is paid (usually 10%) which is forfeited should the Buyer choose not to proceed. The Buyer also has contractual rights should the Seller choose not to proceed.
The day when the Buyer provides the money and takes ownership of the property. The Buyer willwant to obtain their keys and we will help to organise this once we have received the required funds. We will repay any existing mortgage, pay any fees due to the Estate Agents and then provide the funds to you pay any mortgage, estate agents fee and provide funds to you on completion day.