Conveyancing Solicitors

Selling A House

Often when you are selling a house you are also buying a new property

We will keep both transactions moving at the same pace. In relation to the sale:-

  1. We will obtain your deeds either from your mortgage lender or where you had them stored. If your deeds are with a mortgage lender we will need the mortgage account number from you.
  2. You will be given a set of documents to complete about the property. These will include what items you will either be taking or leaving behind. These will be forwarded to your buyer and they can rely on the contents of the documents.
  3. Our team will prepare a contract, the document that sets out the details of the sale, and send this to the buyers solicitors together with evidence of how you own the property and the forms mentioned in paragraph 2 above.
  4. We will then deal with any questions that the buyers solicitors have. We may need your help with these, for example are you selling the washing machine, do you have the planning permission for your extension.
  5. The team will arrange for you to sign the contract and discuss when you would like to move. We do have to agree the date with all other people in the chain. This doesn’t usually create a problem.
  6. Exchange of contracts – this is when a deposit is paid and the purchaser is legally committed to buy your house on the agreed completion date.
  7. On completion we pass over the deeds to your buyers solicitors and receive the sale money from them. We will then pay off any mortgage you have, if any, and also any estate agency costs and our fees before sending any balance to you or transferring it to your purchase file.

For more help and advice on Selling a House please contact your nearest Ringrose Law Office.

How can we help?

    Contact Details
    This site is protected by reCAPTCHA and the Google Google Privacy Policy, Our Privacy Policy and Terms of Service apply.


    Further information

    FAQs

    This is simply the name given to the process of buying and selling

    This is the most common question of all and it is impossible to give an exact answer. A “normal” transaction takes about 8 weeks but this can be shorter or longer depending on , for example, how many people are in the chain, how long it takes for a mortgage offer to come though, if someone in the chain goes on holiday etc

    These are the out of pocket expenses that we make on your behalf for example, search fees, land registry fees, stamp duty.

    Do not cancel the payments until completion has taken place. If something were to go wrong and your mortgage could not be paid of then you could find yourself in arrears on your mortgage.

    Our advice is not until exchange of contracts. Until this point the chain can fall through and you could be left with a bill for their cancellation.

    If you are selling we will need to obtain documents to send to the buyers solicitors for example copy documents from the Land Registry and we need to pay for these when we order them. On a purchase we will need to order searches and again these have to be paid for at the time of ordering.

    If you are having a mortgage you will have no choice as it will be a term of your mortgage offer that you have the searches done. If you are a cash purchaser it is your choice but we always advise that you have them. Usual searches are a local search – this will tell us such things as is the road adopted; whether there are any planning applications relating to the property (although not the surrounding area); drainage search – this will show us such things as whether the property is legally connected to mains drainage and whether the sewer pipe runs though the garden; Environmental search this will tell us such things as are there landfill sites within the vicinity of the property. Less common searches are commons registration search – is any of the land registered as common ground, mining searches.

    You will no longer get a large packet of old deeds to the property. The Land Registry will provide a Title Information Document which shows the address of the Property, name of the owner and name of any mortgage lender. These are stored electronically by the Land Registry so if you lose your copy – don’t panic!

    Whether buying or selling a home, we hope that you may find some of these links useful.

    For further information or to speak to one of our team, contact us at one of our offices in Lincolnshire and Newark.

    Useful Conveyancing Links

    Environment Agency – https://www.gov.uk/government/organisations/environment-agency

    Environment Agency – Flooding

    Companies House – http://www.companieshouse.gov.uk/

    HM Land Registry – http://www.landregistry.gov.uk/

    Postcode Finder – http://www.postoffice.co.uk/postcode-finder

    Stamp Duty – https://www.gov.uk/stamp-duty-land-tax-rates

    Royal Mail – http://www.royalmail.com/

    Local Authorities – https://www.gov.uk/find-your-local-council

    Financial Services Authority – http://www.fca.org.uk/

    Highways Agency – http://www.highways.gov.uk/

    Planning Authority – http://www.planningportal.gov.uk/inyourarea/

    House Price Index – http://www.landregistry.gov.uk/public/house-prices-and-sales

    Don’t forget to look at local services and amenities in your area and removal firms.

    Julie Atkinson Ringrose Law portrait
    Julie AtkinsonDirector & Solicitor
    01529 301300
    Sarah Jackson Ringrose Law portrait
    Sarah JacksonDirector & Solicitor
    01522 561034
    Amanda Green Ringrose Law portrait
    Amanda GreenPartner & Solicitor
    01476 515859
    Bev Kirk Ringrose Law portrait
    Bev KirkTeam Leader & Senior Associate, Residential Conveyancing
    01205 314628
    View all the team

    How can we help?

      Contact Details
      This site is protected by reCAPTCHA and the Google Google Privacy Policy, Our Privacy Policy and Terms of Service apply.


      General enquiries: 0333 3580 393Your local office: NewarkGranthamSleafordBostonLincoln