A Brief Guide to Selling Your Home

SELLING YOUR HOME
No two situations will ever be alike, but below is a brief guide to the conveyancing process and how it works for you.

Before signing the contract we will:
Take your instructions - such as the details of the property involved
Contact your Estate Agent (if any)
Obtain your deeds - usually either from you or your lender (if you have a mortgage)
Obtain up to date local authority searches

At the same time, your Buyer's Solicitors will be carrying out the complementary work of obtaining instructions, investigating the title, checking replies to enquiries, completing any necessary searches and dealing with their client's mortgagee's requirements.

When matters are complete, and once the buyer has signed the contract, you will be in a position to sign the contract.

SIGNING THE CONTRACT
Your signature on the contract will legally bind you and your Buyer to the transaction. At this stage we will ask you to sign the Contract.

You should then discuss with your Buyer the date you would like to move - bearing in mind that we need, on average, between 14 days and 28 days from signing the contract to finalise the preparations for completion.

BETWEEN CONTRACT AND COMPLETION
You will now have a date for completion (the moving date), and you should confirm your arrangements with the removal firm.

Have the electricity meter read
Have the telephone numbers etc. transferred on completion day
Deal with rates etc.

We will
Inform all parties of the acceptance of contracts
Approve the final legal documents of transfer, and arrange for you to sign them
Reply to standard pre-completion enquiries
Obtain redemption statements from your Lender (if applicable).

COMPLETION (Moving Day)
We will receive the balance of the sale price from your Buyer's Solicitors by cheque or bank transfer.

You should not need to see us on moving day. Generally completion takes place between 12 noon and 2.30 pm on the date of completion, but there is no set time for this.

Where appropriate we will also deal with any mortgage redemptions, release of life policies, and pay your estate agents.

For more help and advice on conveyancing, contact James Burnside at our property department:

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