The Conveyancing Process Explained
Sale of your property
Once the sale of your property has been agreed your estate agent will forward any relevant paperwork to SureMove. We will provide you with a simple instruction form which will enable us to gather all of the required details about you and your house.
Purchase of your property
Initially you need to inform your estate agent and mortgage provider / broker with SureMove's details. Your sellers property lawyer will contact us directly.
How long this takes will vary from case to case. An average transaction is likely to take 2 to 3 months from instruction to exchange of contracts. However, there is no definitive answer as it all depends on the circumstances, for example, a leasehold transaction will often add 2 to 4 weeks, and the time taken will also depend on the length of the chain involved. During the course of the transaction we will keep you informed and be able to give you a better indication as to the likely timescale.
Searches, enquiries and title
Once we have received contract documentation from your sellers Lawyer we can obtain the local authority, water and other searches (where relevant) and make enquiries regarding disputes, boundaries, planning permissions and constraints etc.
At this stage your lender will send your mortgage offer to us. SureMove act on behalf of your lender and are responsible for explaining the terms and conditions of the offer. You will then receive the mortgage deed for approval, signing and returning to us. We will then agree a completion date for the sale / purchase.
Exchange of contract
The exchange of contracts takes place by SureMove and the buyers / sellers Lawyers. Both yourself and the buyer / seller are now legally committed to the transaction. Deposits must also be made on the day of exchange.
The day you have been waiting for. We transfer the balance of money to the seller, draw down funds on your new mortgage and discharge any on your old mortgage. We deal with any stamp duty payable to the HMRC and pay your estate agent (where instructed).
We then arrange for the legal documentation to be sent to the Land Registry to transfer the ownership to you and tie up any final administration issues. We will finally let the Estate Agent know ...... you can have the keys..
If you would like any further information or require a quotation please contact SureMove by clicking here..