Conveyancing: A step by step guide to selling your home
Why not leave the stresses of selling your home to us? We will deal with the majority of the work and stress for you, and only contact you when we absolutely have to.
From the legal work to the redemption of your mortgage, we’ve got it all covered. So what does selling your home entail? Here is a brief explanation of what we do:
Step one: put your property on the market
The first step to selling your home whether privately or via an estate agent is having the property on the market. Once you have accepted an offer on your property you will need to instruct a solicitor to act for you. The conveyancer will issue you with their client care pack which will contain various documentation that you must then complete and return.
It is our firm’s policy to ask for a payment on account at this stage for your file. This enables us to purchase the title deeds and any associated documents relating to your property’s title as soon as possible. It is imperative that you provide all signed documents and related evidence as soon as possible as this can cause delays in the process.
Step two: issue the contract pack
We will then issue this pack to your purchaser(s) solicitor. This pack contains information on the title of the property which includes but is not limited to:
- Title deeds
- Property information form
- Fittings and contents form
- Any other certificates related to works carried out at the property and/or guarantees for any works carried out
The contract pack will be looked over by the buyer(s) solicitor and they will raise their enquiries with us.
What are enquiries?
Enquiries are questions based on the information we provide to them. This could be anything such as asking for a certificate in relation to any works you have disclosed i.e. a new window, boiler, or extension. In order to make the process as easy as possible for you, our aim is to deal with as many of these enquiries as we can but we may contact you at this stage to obtain your responses or any further information we require.
Step three: exchange and completion
Provided the buyer is happy with all of the information provided and they are in receipt of any necessary search results/mortgage offers, then we will obtain your signatures to the relevant documents and liaise with all parties to set a completion date. This is the date that you will move out of the property.
When we have a date, we will contact any existing mortgage providers to obtain a redemption figure (otherwise known as a settlement figure) and deal with the repayment of this on your behalf. This repayment is taken out of the sale proceeds, along with any estate agent fees you may have so that you can rest assured that any sale proceeds you receive are yours to keep.
The process can take anywhere from 6-12 weeks and the more you understand about what we do and why we do it, the easier - and hopefully less stressful it will be.
Please feel free to contact us for your free no obligation quote today.
TMJ Legal Services
TMJ Legal Services has been helping individuals and businesses since 1986. We offer a range of advice and services.
Your first appointment is free to help you weigh up your options.