How to keep moving home simple? It is said that buying a house is one of the most stressful things you’ll do in your life (as well as organising a wedding and getting a divorce!)
The conveyancing process is just one element to a house sale or purchase, but it can often be a confusing or overwhelming process for people; particularly if you’re a first-time buyer or haven’t moved for a while.
With the surge of people buying and selling their homes in 2021, our mantra has been to “keep moving simple” and to help guide you through the process.
So, if you’re thinking about buying or selling your home, here is a simple breakdown of the conveyancing process…
Step 1: You make an offer on the property and it is accepted. You’ve found a mortgage and you’re ready to get the ball rolling.
Step 2: Once you have had the offer accepted on your dream home our experienced conveyancing team will handle the legal transfer of the property, including proof of funds and mortgage offer.
Step 3: The next step Is to Instruct a surveyor to carry out a detailed check of the property. The mortgage company will also carry out their own valuation of the property to ensure it has been valued correctly.
Step 4: Once a contract has been received from the seller’s conveyancer, we will raise any enquiries about the property and begin to carry out the necessary searches.
Step 5: The seller’s conveyancer will answer any enquiries raised, including details of any fixtures and fittings and once any issues are dealt with, it is time to sign the contract in readiness for the exchange of contracts.
Step 6: Now is the time to agree on a completion date and at which point, contracts are then formally exchanged. This means both parties are then legally committed to the transaction.
Step 7: Finally, the Conveyancer for both parties will be working on drafting transfer deeds and completion statements, as well as any pre-completion searches. The buyers conveyancer will also apply to the buyer’s mortgage lender for the mortgage loan if using a mortgage to purchase.
Step 8: Once the seller’s Conveyancer has confirmed that your funds have been received by them, the keys are yours and it’s time to enjoy your new home.
Not all house purchases run smoothly, but it is always our aim to guide you through the process and ensure it is as simple as possible, so you can enjoy getting packed up and move on quickly and easily.
Contact the team at Bendles Solicitors for more information about our ‘Keep Moving Simple Packs’ and conveyancing services on 01228 522215 or email us at info@bendlescarlisle.co.uk.