The conveyancing process when selling or buying a property can often seem over complicated and drawn out. It needn’t be.
If you are looking to sell your property, being prepared can help your sale transaction proceed easier and quicker. The first step is to make sure you have any title deeds and the correct planning and building consents in place for any alterations/extensions which have been carried out.
The next step is to compile the information you need to complete the Seller’s Property Information and Fittings and Contents forms which your solicitor will provide, including copies of the relevant compliance certificates for any gas appliance installation, electrical work or replacement windows.
If you are selling a leasehold property, collect any information such as ground rent and service charge receipts, management accounts and building insurance, so that it is ready to go to the buyer’s solicitors.
Appointing your solicitor before you place your property on the market can be extremely helpful in getting this organised. In addition to reviewing the title to your property and highlighting any potential issues, your solicitor can prepare your Contract Pack to be submitted to the buyer’s solicitor as soon as you have agreed a sale.
By appointing your solicitor early you should not incur any extra cost as the amount of the work will be the same. It may however be the deciding factor on whether you can sell your property quickly.
Location may be key to finding the right property but preparation is key to securing it. As the buyer, make sure you have your finance in place and if you require a mortgage you have it agreed in principle. This will put you in the best possible position when making an offer and to proceed once it has been accepted.
I have seen time and again that a little preparation works well and can shave several weeks off the moving process which makes for a less stressful experience for everyone.
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.