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Flowchart of key steps when buying or selling a house
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Buying a property
 

  You instruct us to act for you in relation to your property purchase    
↓  
We provide you with our terms of business and request from you:

         - Signed instruction form
         - Completed Client information Form
         - ID
         - Money on account

  
↓  
We receive the draft contract of sale from the Seller's solicitors and provide you with advice on this  
↓
↔
↓		  
We request searches on the property
(if applicable)		 We raise any enquiries with Seller's solicitors  
↓ ↓  
We receive a response to the searches
(if applicable)		 We receive a mortgage offer from your mortgage company
(if applicable)		 We receive replies to enquiries from Seller’s solicitors  
↓   ↓  
We send you a mortgage pack (including mortgage deed) to sign and return to us   We send you the contract to sign and return to us  
↓   ↓  
We receive signed mortgage deed back from you   We receive the signed contract back from you  
  ↓    
We receive deposit monies from you to fund the purchase
(if applicable)		  
↓  
We arrange a completion date with the Seller's solicitors on your behalf  
↓  
CONTRACTS ARE EXCHANGED  
↓  
We prepare a draft Transfer document for approval by Seller’s solicitors  
↓    
We apply for mortgage monies (if applicable) ↔ We apply for the pre-completion searches  
↓   ↓  
We receive the mortgage monies (if applicable)   We receive clear searches  
  ↓    
  We receive from you the balance of
purchase monies
(if applicable)		    
  ↓    
  COMPLETION OCCURS
and the property is formally purchased for you		    
  ↓    
  We complete and send on your behalf the Land Transaction Return form to Inland Revenue for stamp duty    
  ↓    
  We receive stamp duty certificate from the Inland Revenue    
  ↓    
  We apply to the Land Registry for you to be named as registered owners of the property    
  ↓    
  We receive confirmation of this registration from the Land Registry    
  ↓    
  We confirm this registration to you and mortgage lender
(if applicable)		    

 

Selling a property
 

  You instruct us to act for you in relation to your property sale  
  ↓  
 

We provide you with our terms of business and request from you:


   - Signed instruction form
   - Completed Client information Form
   - ID
   - Completed Fixtures and Fittings Form
     and Property Questionnaire		  
  ↓  
  We apply to the Land Registry for Office Copy Entries and prepare draft Contract on your behalf  
  ↓  
  We send the draft contract to the  Buyer’s solicitors  
  ↓  
  We receive any enquiries from the Buyer’s solicitors and, if necessary, obtain your replies to these  
  ↓  
  We respond to the enquiries from Buyer’s solicitors  
  ↓  
  Upon approval by Buyer’s solicitors, we send you the approved contract to sign and return to us  
  ↓  
We receive the signed contract back from you ↔ We receive completion date from the Buyer's solicitors
  ↓  
  CONTRACTS ARE EXCHANGED  
  ↓  
  We receive from the Buyer’s solicitors a draft Transfer for approval  
  ↓  
  We approve the draft Transfer on your behalf  
  ↓  
  We send you the finalised Transfer for your signature  
  ↓  
  COMPLETION OCCURS and the property is formally sold for you  
  ↓  
  We pay Estate Agent’s fees connected to the sale  
  ↓  
  We account to you for any monies due under the sale of the property  

 

 

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