What is Conveyancing?

Conveyancing is the legal transfer of property from an owner to another. The conveyancing process, if properly carried out, ensures that the purchaser owns all the property, land and rights that have been paid for.

Conveyancing Guides

Legal Stages in relation to your sale

Please find detailed below the legal stages in relation to your conveyancing in respect of selling your property.

STAGE I - SALE AGREED

Paperwork

Obtain your title deeds, Office Copy Entries and ask you to fill in detailed questionnaires.

Contracts

Prepare and send out a contract package detailing legal information of your property title.

Figures

Request a settlement figure for your mortgage and any other secured loans over your property.

STAGE II - EXCHANGE OF CONTRACTS

Instructions

Obtain instructions in relation to completion dates requested from purchasers lawyer.

Final Accounts

Organise final accounts and prepare a final settlement for your approval. Collect in any balance of funds required if property is in negative equity.

The Deed

Approve the transfer deed and arrange for you to sign it by way of post.

STAGE III - COMPLETION

Balance

Send any balance of money to you

Hand Over

Hand over the Title Deeds and Documents to purchasers lawyer.

Mortgage

Pay off the mortgage and notify HM Land Registry when official receipt from lender is received.

 
 

HOW CAN I SPEED UP THE PROGRESS IN RELATION TO MY SALE?

Once you are certain that you wish to sell your property there are several things that can be done in anticipation of the sale which can help to speed up the progress.

Try to follow the tips below to speed up your conveyancing: –

  • Instruct Chartahouse Conveyancing Services at same time as your estate agent so that we can obtain your Title Deeds and Documents and prepare a contract package in readiness of your sale.
  • Try to respond to correspondence as quickly as possible.
  • Try not to arrange completion dates prior to your purchaser being in a position to proceed.
  • Chase the estate agent in relation to purchaser obtaining finance.
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