Conveyancing Guides - Selling

Selling your property can be very confusing whether you are a first time buyer or a seasoned property developer, which is why Clear Conveyancing have developed a step by step guide to selling and how conveyancing fits in.

Stage 1: Sale Agreed

1. Once you have instructed us, one of our UK Conveyancing Property Lawyers will obtain your title deeds and Land Registry copies. You (the seller) will then be asked to complete a Property Information Form and a Fixtures, Fittings and Contents Form. If the property is leasehold there may also be additional paperwork.
2. Our solicitors will ask you to provide us with any guarantees or other documents not held with your title deeds. These could include damp and timber reports or planning consents for alterations and extensions.
3. A draft contract will then be prepared and sent to the solicitors of your properties buyers, who will then carry out the various searches required which can take up to four weeks to do. If all assurances have been made, the process can then move onto the next stage.

Stage 2: Exchange of Contracts

1. Once everything is agreed and the contract is signed, the contracts can be exchanged. Once the contracts have been exchanged the sale becomes legally binding. The Buyer's solicitors will now send a deposit to your conveyancing solicitor, in this case us.
2. Clear Conveyancing will then approve the deeds and request that the deeds are signe. We will also apply for any mortgage redemption figures on your behalf and prepare the final accounts.

Stage 3: Completion

1. On the completion date Clear Conveyancing will receive the balance of the sale price, in return for which we will hand over the title deeds to the buyer's solictors.
2. Clear Conveyancing will redeem any mortgage out of the sale proceeds, collect the legal fees and disbursements and will forward any the remaining money to you.

What to know about conveyancing when buying your property