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The legal side

It is important that you employ a professional to handle your conveyancing side of buying and selling.

 

As the seller, your conveyancer will prepare the contract and supporting documentation in order to transfer the ownership of the property to the buyer, this is a brief summary.

 

The buyer's solicitor will thoroughly check the details of the contract. Searches will be carried out to check the 'Title' of the property (to ensure you are the legal owner); any planned works/ developments in the area that may have an impact on the property, boundaries and any legal or planning restrictions.

 

When you and your buyer and your conveyancers are happy with the agreement signed, you exchange contracts and the buyer will transfer their deposit to the solicitors. Assuming all parts of the contract are fulfilled, the process will complete on an agreed date and the total funds will be transferred through the conveyancer.

 

Conveyancing usually takes four to twelve weeks in most cases. Leasehold properties involve more work as the lease has to be checked thoroughly and this will effect the cost. The timing of the process is dependent on the position of you, the buyer and the readiness of the solicitor. Your chosen agent will help steer you through this process.

 

This can be a challenging period, this is why at Alexander Charles & Browne we have a designated director who will be there to help you from start to finish.

 

Friends and relatives may be able to recommend a good conveyancer. At Alexander Charles & Browne we are able to list reputable local solicitors they work with regularly.

 
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