Unlike many online estate agents, our dedicated staff work hard to provide a service that makes the entire process as simple and efficient as possible for all parties concerned, ensuring we liaise with all estate agencies and solicitors involved in your chain.
Choosing a Solicitor
We appreciate that buying a property can be a costly experience, however we do encourage you not to choose a solicitor based on their fees alone. We would strongly advise using a firm that has local knowledge, our experience has shown that online solicitors or ones that have little or no experience of the local area can delay the process and cause unnecessary stress.
With that said, our role is to ensure we take as much of the stress out of the buying process and will work with whoever you chose to appoint – after all, it’s your purchase.
Exchange of Contracts
Once the formal mortgage offer is received, and your solicitor is happy to proceed, a date for the “exchange of contracts” will be agreed. When the buyer and seller are happy with the contract, both sides need to sign final copies and send them to each other. This contract is legally binding. Should you wish to withdraw from the purchase after the exchange of contract, neither party can pull out without paying compensation.
Completion of Sale
Completion of your sale usually occurs approximately 7 days after exchange but can vary from depending on circumstances. This is the day on which the balance of money is transferred from the buyer to the seller via the solicitors. Once the funds have cleared, we are reliant on the seller’s solicitor to advise us as to when we are able to release the keys. At this stage the sale is complete, and the property now belongs to the buyer.