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Selling Your Home

Step 1 Getting Started

  1. Instruct us to deal with the legal aspects and ensure the Estate Agent has our details. We will establish you as a client. You need to complete our Client Information Form. We are also required to verify your Identity as do most institutions you deal with. Please see our ID Requirements document.
  2. We will send you our Retainer Letter which we are required to do and confirm the level of fees with you.
  3. You will need to Complete the relevant protocol documents for your property. These deal with standard questions about the property which you need to answer as well as providing information about what fixtures and fittings are included in the sale.
  4. In the meantime we will download details of your title from The Land registry and prepare the Contracts in accordance with the sales particulars.
  5. We will deal with any further enquiries raised by the Buyers conveyancer. We will need your help in relation to any such enquiries.
  6. Once the Contract is agreed we will arrange for you to sign it and provide you with confirmation of what it will commit you to.

Step 2. Exchange

  1. You will be aware of the phrase ‘Exchange of Contracts’ well this is the day you legally commit to selling your home.
  2. In advance of that day we will discuss with you and the Buyer as well as the agent the date upon which you want to move.
  3. Once agreed we Exchange contracts and take a deposit from the Buyer of up to 10% as a sign that they are committed to the sale. We also confirm in the contract the date for Completion i.e. the date you want to move.
  4. We will send you a transfer form – this is a form established by the Land Registry which transfers the title from you to your Buyer.
  5. At the same time we will also obtain a redemption figure from your existing mortgagee setting out how much they require from the sale proceeds – we will confirm this direct with you.

Step 3 Completion

  1. On the day of Completion all you need to do is pack your belongings and leave the technicalities of legal completion to us. We will telephone you as soon as we have received the Purchase Monies.
  2. You need to ensure that the Property is vacated as soon as possible – generally by lunchtime.
  3. We receive the monies, discharge the mortgage and pay both the estate agents and our agreed fees and transfer the balance to your nominated account or use it on any related purchase you have.

That’s it – you are complete and have sold your home.