As Easy As 1, 2, 3!

  1. Once a reasonable offer has been received and accepted the buyer instructs a solicitor.
  2. Unless the buyer is in the fortunate position of being a cash buyer they will need to complete a mortgage application and pay for a survey on your property.
  3. The buyer provides their solicitor with their draft documents.
  4. The buyer’s solicitor submits searches to the local council.
  5. Once the search results are received the solicitor will raise and resolve any queries.
  6. The buyer provides their solicitor with their mortgage offer (if applicable).
  7. Payment of the deposit is arranged.
  8. Suitable exchange and completion dates for all parties in the chain is agreed between the agent and solicitor.
  9. Contracts are exchanged.
  10. You are provided with a statement setting out the payments required in order to finalise the sale.
  11. On the day of completion, money is exchanged by all parties.
  12. Once the money is received by the vendor the keys will be available for collection from the agent.
  13. The final step to complete the process is payment of the stamp duty to the Land Registry.

Subscribe to our newsletter