Conveyancing - Property Purchase Process
Step 1
Offer accepted on property and you instruct a solicitor
Step 2
Mortgage valuation will need to be carried out and possibly a more detailed homebuyers report or building survey
Step 3
Your solicitor will request funds from you to pay for searches
Step 4
Your solicitor will review the title and the property information forms and raise any necessary enquiries.
Step 5
Upon receipt of satisfactory replies to enquiries, search results and a mortgage offer the contract and title report will be sent to you for signing and return.
Step 6
Your solicitor will request your deposit to enable discussions to start on a possible completion date with the chain and your mortgage provider.
Step 8
Upon the completion day your solicitor will transfer over funds and keys are yours.
Step 7
Solicitor will exchange contracts and make binding the agreed completion date
Step 7
Solicitor will exchange contracts and make binding the agreed completion date
Step 8
Upon the completion day your solicitor will transfer over funds and keys are yours.