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A Review of The Work Undertaken by us During the Course of a Property Transaction | |
| 1 | Supplying information to your buyers and obtaining it from your sellers. | |
| 2 | Checking that the sellers legally own the property | |
| 3 | Agreeing the terms of the contracts for sale and purchase. | |
| 4 | When everyone is ready and the same moving date has been agreed between the sellers and buyers, exchanging contracts on both transactions at once; this is the stage at which you are committed to move and a deposit of 10% is usually payable. | |
| 5 | Making the pre completion legal arrangements and checks. | |
| 6 | Getting the mortgage money from your new lender and any balance we will need from you. | |
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On moving day:
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| 8 | Registering your ownership at the land registry which may take some months - although that makes no difference from your point of view - and we will let you know when we receive your certificate of ownership. | |
| 9 | Acting for your lenders to make sure that their interest are properly protected. | |
| 10 | You will get the deeds of the house (or we can store them for you) unless you have a mortgage: in that case the lender will keep them; they may however let you keep the old deeds which are no longer needed for conveyancing but which might be of interest to you. | |
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The above will apply if you are buying a property at the same time as you are selling a property. They will slightly differ if you are only buying or only selling a property. |
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