Selling
If you are selling a property, our experienced and dedicated Conveyancing team are on hand to assist every step of the way.
We will advise and assist you throughout the sale to ensure that the sale runs as smoothly as possible.
Seller FAQs
- I’ve accepted an offer to sell my property – what should I do next?
If you have accepted an offer on a property, you should give the Estate Agent our contact details. They will then produce a document called the Memorandum of Sale which will contain the information of all the parties and their legal representatives. This will include the full property address and the agreed sale price.
If your sale is a private sale, with no estate agent, then please contact us directly with the details of the buyer and their instructed solicitor so that we can commence the process.
We will then open a file and send you our initial client care documentation which outlines the information we require from you and details of the next steps.
We will immediately inform the buyer’s Solicitors that you have instructed Chris Stevenson Solicitors to prepare and send the contract paperwork.
- What does exchanging contracts mean?
Exchange of contracts is the point at which the contracts become legally binding. This means that the agreed completion date (moving date) is confirmed.
In order to exchange, all parties must have signed their contracts and be satisfied that they are ready to proceed with no further enquiries.
What is the completion date?
Completion is the date that the money changes hands and you hand over the keys for your property.
You should speak to your estate agent, if you have one, to make arrangements for handing over the
keys.
Completion usually takes place once we have received the funds from the buyer’s solicitors. Once this has been confirmed we will notify you immediately.
If you would like more information in relation to selling a property, please do not hesitate to contact our team on 01302 341243 or enquiries@chris-stevenson.co.uk.
Selling a house?
If you have accepted an offer on your property you should notify the Estate Agent of our involvement. The estate agent will then contact us to confirm your sale.
We shall request that you provide us with Identity documents, including a photographic ID (Passport/Driving Licence) and a utility bill confirming your address.
We shall immediately inform the buyer’s Solicitors that you have instructed us so that we can get your house sold.
We will send you a Property Information Form to complete which provides the purchaser with information about the property.
We will send you a Fittings and Contents Form for you to complete so that you can decide what stays and what goes.
We shall prepare the Contract and deal with any enquiries raised by the Buyers.
Each transaction is of course different and depends on whether you are part of a chain.
A usual transaction involving a mortgage will take approximately 8-12 weeks. We will do all that we can to complete a transaction as quickly as possible so we can get your house sold.
We shall agree a completion date with the Seller’s Solicitors.
An Exchange occurs when the Solicitors for each party agree to date the Contract documentation. The transaction shall become legally binding upon exchange of contracts.
Once your sale completes any outstanding mortgage should be paid off.
Upon receipt of monies from the Buyers Solicitor the completion is effective and you have sold your house.
We will notify the Estate Agents of the completion and confirm the release of keys to the Buyers.
We shall arrange for your mortgage to be redeemed (paid off)
Any oustanding monies will then be paid to you by your preferred method.
Buying a house?
If your offer on a property has been accepted you should give the Estate Agent our contact details. They will then contact us confirming your purchase. If your purchase is a private purchase (no estate agent) then contact us directly so we can get you moving.
We shall request that you provide us with Identity documents, including a photographic ID (Passport/Driving Licence) and a utility bill confirming your address.
We shall immediately inform the Seller’s Solicitors that you have instructed us so that we can get you moving.
Each transaction is of course different and depends on whether you are part of a chain.
A simple transaction involving a mortgage will take approximately 8-12 weeks. We will do all that we can to get you moving as quickly as possible.
Searches give us details about issues that may affect your new home or the local area.
Where you are purchasing with a mortgage we are required to carry our pre-contract searches. The minimum searches we would recommend are Local Authority, Mining and Water/Draining searches.
The deposit amount that is agreed is payable on exchange of contracts.
Prior to exchange we shall report to you on our findings and request deposit monies. We shall also agree a completion date for you to move into your new home.
An Exchange occurs when the Solicitors for each party agree to date the Contract documentation. The transaction shall become legally binding upon exchange of contracts so you can set your moving date.
We shall prepare your financial statement (completion statement) and advise if any additional monies are required from you in readiness for completion.
We shall request monies from the mortgage lender.