Selling Process

Selling Process

Guide to selling

When selling a property, you must formally instruct a solicitor to act on your behalf, we will be very happy to recommend a local solicitor who we work with. Your solicitor will follow the process outlined below:

(To formally instruct your solicitor to act on your behalf - you will be required to provide them with proof of identification, proof of address and you will need to fill out standard forms, such as the Fixtures and Fittings Form and Seller's Property Information Form. They may also require part of their fee in advance to cover costs.)

Once instructed they will:

  • Request the Title Deeds
  • Prepare a draft contract and send it to the purchaser's solicitor, along with a copy of the lease, if the property is leasehold. We will be very happy to recommend a local solicitor we work with and trust.
  • If leasehold, they will request information from the managing agents (or freeholder)
  • Respond to questions raised by the purchaser's solicitor. Your solicitor may also forward questions for you to answer.
  • Ask you what your preferred completion date is - the date the buyer takes full ownership of the property, and you move out.
  • Check Transfer Documents and send them back for you to sign and return.
  • Once the purchaser's solicitor has approved the contract, your solicitor will send it to you to sign and return.
  • Once contracts are signed by purchaser and seller, completion date has been agreed, and the purchaser's deposit is in his solicitor's bank account, the transaction becomes legally binding.
  • The purchaser's deposit (usually 10% of the purchase price) is then sent from their solicitor to your solicitor and contracts are exchanged, with completion to follow on the agreed date.