Sold! Now what happens?
We hope you find this simple guide to what happens once you have sold your home helpful.
What we do
Week 1. As soon as an offer is received we will notify you both verbally and in writing and we will check the buyers ability to proceed.
- Prepare a memorandum of sale
- Write to all parties to confirm the agreed price
- We progress the sale until you are ready to collect the keys and will liaise with the buyers solicitors and your solicitors, keeping you informed at all times
What you do
Week 1.
- Instruct your solictor. Click Here to find out more about Hunters Faster Legals service
- Get your mortgage offer confirmed (if appropriate).
- Find a good surveyor
What your solicitor will do
Week 1 Request the title deeds from your current lender
Week 2 Send out the relevent property forms
Week 3 Request some money on account
Week 4 Apply for searches as soon as possible
Week 5 Ask you to agree which fixtures and fittings will be included
Week 6-7
Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor to your solicitor. The completion date is then agreed by both parties.
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