Selling a Property

Are you looking to sell your property and need to find a reliable lawyer? You’ve come to the right place.
Here we will guide you on the steps we will take to help you sell your property.

Here is a step by step guide on selling your home:

Firstly,

  • Once you’ve let us know you’d like to use our services then we will send you a letter of Confirmation of Terms of Business which you will need to sign and return back to us before we can begin our work.
  • We will provide you with forms called ‘Property Information’ and ‘Fixtures, fittings and contents’ which you will need to complete and return to us.
  • Your estate agent will need to know that you’ve chosen us as your lawyer so they are able to send us the ‘Memorandum of sale’.

Legal work

  • Once we have received the title deeds and the standard forms, these are then sent to the buyer’s lawyer for their approval, along with relevant documents such as planning and any guarantees.
  • Your buyer’s lawyer will need to go over all the relevant paperwork and may need to clarify certain points with us, we will then lease with you to give the correct information they’ve requested.

Mortgage

  • Your mortgage lender will supply us with the most recent balance statement so we know how much is required to repay your mortgage.
  • If there is any other loans outstanding of which are secured on your property, you need to let us know as these will need to be repaid upon completion.

Signing the contract

  • As soon as the buyer’s lawyer has approved the contract, we will get in contact with you to let you know we are ready for you to sign the contract.

Exchange

  • A completion date needs to be agreed on by all parties involved before the exchange can take place.
  • Once the contracts are exchanged, your buyer is legally bound to buy your property and you are legally bound to sell.
  • We will then send you a statement for our charges, any loans that may need to be paid and all other outgoings.
  • If there is a balance outstanding to us then this will need to be cleared before the completion date.
  • In readiness for completion, the Transfer of Deeds will need to be signed by you.

On completion

  • We will then go on to pay off your mortgage and other expenses.
  • Once we can confirm that all monies have arrived then your sale is completed.

As experienced lawyers, we will be with you every step of the way. If you would like to talk to our team then please contact us on 0121 384 4652 for advice or a no obligation quote.

Convey Us Limited is Authorised and Regulated by the Council of Licensed Conveyancers under Licence Serial Number 4779/10931.

Convey Us is a Limited company registered in England and Wales under Company Number  09760974.

The Registered address for Convey Us Limited is 1 York Road, Erdington, Birmingham, B23 6TE. VAT number is  229205030.

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