The conveyancing process when selling a property can be a lot more straightforward than buying, with a lot less administrative duties to take care of, however there are a few things that you can do to help avoid delays.
Peter Robinson & Co. are here to guide you through the process of selling your property, so you can ensure the conveyancing process goes as smoothly and efficiently as possible.
Choose a Conveyancer
Get in touch with your conveyancer as soon as you decide to sell your property. It may be wise to follow the recommendation of a trusted friend or family member who has sold their house.
Your house could face being on the market for months, so once you find a buyer you will want to get the conveyancing process moving as quickly as possible. Did you know that you and your solicitor could prepare for your sale before an offer is even agreed? This could take a number of weeks off the process.
Accept an offer
Once you have decided you want to sell up, you will then need to instruct an estate agent, negotiate and accept an offer price for your home.
Your conveyancer will send you a number of forms and questionnaires to complete about your home. These forms will include things like information on boundaries, known proposed developments, which fixtures and fittings you are going to include with the property and the arrangements for handing over the keys. This will eliminate any uncertainties your buyer may have about the property.
Your conveyancing solicitor will use the information from the questionnaires to prepare a draft contract that you, and the buyer will need to agree and sign. Once this has been approved at both ends you will need to sign the official contract. Both parties are legally bound to the transaction after the contracts have been exchanged.
Complete the sale
After the exchanging of the contracts, you should receive the buyer’s deposit of 10%.
It’s advisable to begin moving out a few days before completion to save yourself the stress of a last minute move.
Once you have vacated the property, hand the keys over to the estate agent to give to the buyer.
It is important to have an understanding of the various aspects of the conveyancing process to avoid encountering any problems during the sale. Choose a property lawyer that suits your requirements whilst offering a high level of service.
Contact us at Peter Robinson & Co to get in touch.