| First Contact |
Dealing with additional enquiries
of the buyer's solicitor |
| Preparing for Exchange |
| Completion |
The moment we receive your instructions to act we will write to you introduce you to our firm, the solicitor personally dealing with your sale and to confirm our costs and the likely disbursements.
We will also request from you a variety of details and documents including some personal identification, the title deeds (or their whereabouts), details of any lender(s) or other parties who may have an interest over the property and whether you have any special requirements (i.e. a preferred moving date).
We will also ask you to complete a couple of forms, one being a Seller's Property Information Form (SPIF) and the other being a Fixtures Fittings and Contents Form ( F&F). The SPIF is a simple “tick” questionnaire whereby you will be asked to answer a series of questions relating to the property. The F&F is a form which allows you to confirm those items which are included and/or excluded from the sale.
If the property is Leasehold then you will also be asked to complete a Seller's Leasehold Information Form and supply details of the Lease, Landlord and any Management Company.
As soon as we have all relevant information and documentation from you we will prepare and send to the buyer's solicitor the draft contract documentation.
The buyer's solicitor will approve the draft contract and may also raise additional enquiries necessary for them to approve the title. Your dedicated solicitor will try and deal with any enquiries raised by the buyer's solicitor but your assistance may be needed depending on the nature of the enquiries.
Once the buyer's solicitor has approved the contract we will forward the contract to you for signature.
When you return the contract to us you should let us know of your proposed completion date and once both you and the buyer are ready to exchange contracts with an agreed completion date we will proceed to an exchange of contracts with the buyer's solicitor.
Once contracts are exchanged you will be legally bound to complete your sale on the agreed completion date. If you are giving vacant possession to the buyer then you must remove those items excluded from the sale, hand over the keys and give up vacant possession to the buyer once completion has taken place.
If you are selling the property subject to any existing tenancy then you must remove those items excluded from the sale, hand over the keys and assign the benefit of any tenancy over to the buyer once completion has taken place.
Prior to completion we will send to you a Transfer Deed asking you to sign and return the Deed to us before completion.
Completion will take place once we receive from the buyer's solicitor the balance sale monies. Upon receipt of the monies we will telephone you to confirm completion and ask you to hand over the keys to either the buyer or your selling estate agent so that they can release the keys to the buyer.
Upon completion we will pay off any mortgage, our fees and estate agent fees from the sale monies. We will pay over to you any net proceeds remaining.
Following completion we will hand over to the buyer's solicitor the signed Transfer Deed together with any title deeds to enable the buyer to be registered as the new owner.
To find out more or to request a competitive fixed fee quotation for your conveyancing matter contact Ranjit Tiwana via email or telephone.
Buying a Home
Re-mortage a Home
Transfer of Equity / Ownership
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