Our fees cover all of the work required to complete the sale of your home, including redemption of any existing mortgages and payment of Estate Agent fees.
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
How long will my house sale take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 6-8 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you are selling to a first time buyer, selling a property which is subject to a Management Company, it could take 8-10 weeks. If you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply and these would be discussed with you.
Stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below are some key stages to the transaction:
- Take your instructions and give you initial advice
- Draft the contract and send to the buyer’s solicitors
- Deal with enquiries raised by the buyer’s solicitors
- Obtain further documentation as revealed on the searches and contract documentation if required
- Obtain a redemption figure from your lender
- Send final contract to you for signature
- Agree completion date (date from which you own the property)
- Exchange contracts and notify you that this has happened
- Arrange for all monies needed to be received from the buyer’s Solicitors
- Complete the sale
- Deal with repayment of any mortgages and Estate Agent fees