ARTICLES!
QUICK PROPERTY BUYERS?
- What Is The Best Way To Sell My Property?
- How to sell your house quickly?
- How can I tell if a cash buyer is trustworthy?
- What will a property buyer offer for my home?
- Different ways of selling your home quickly
- Houses bought for cash: does this really happen?
- How much will it cost to sell my home?
- Quick house sales and where to get them
- Sell my house fast: here are a few options
- Will anyone buy my home?
ESTATE AGENTS?
- Recommended Estate Agents
- 10 things you must know about Estate Agents
- Shall I choose the cheapest Estate Agent?
- Do I need a Rightmove Estate Agent?
- Can I trust an Estate Agent's valuation of my property?
- Are there any good online Estate Agents?
- Choosing an asking price that draws in buyers
- Do I need an EPC to sell my property?
- Does my Estate Agent need to advertise my property for sale in the local newspapers?
- Do I need to use a local Estate Agent to sell my house?
- Finding the best Estate Agent
- How do I choose the best Estate agent to sell my home?
- Shall I sell my home privately or sell using an Estate Agent?
PROPERTY VALUATION?
- Free online house valuation
- How to add value to your home
- How to value your property
- How you can use house price data to accurately value your home
CONVEYANCING?
- What is property conveyancing?
- Property conveyancing process for a house seller
- Property conveyancing process for a house buyer
- What about DIY conveyancing?
- How do I go about choosing the best conveyancer?
- Property conveyancing glossary: A guide to the commonly used terms in conveyancing
HOUSE REPOSSESSION
- Repossession process explained
- Ways to stop a repossession
- Where you can get help if you're facing repossession
- Mortgage Rescue Scheme
The Conveyancing Process When You Are Selling Your Home
The Conveyancing Process When You Are Selling Your Home
When you are selling your home (in England and Wales) you may think that you don’t have much to do, apart from ensuring that your solicitor is aware of when you want to exchange contracts and that he or she will organise the paperwork for sale. However, there is actually quite a bit of work to do and the conveyancing process is still quite complicated when you sell your home.
Instructing A Conveyancing Representative
The first thing that you need to do is to arrange a conveyancing solicitor or an online conveyancing firm and instruct your solicitor or online firm to act on your behalf. You will also enter into an agreement with the solicitor or online firm. You will need to provide proof of your identity and also any details of your mortgage if you have one. This will simply demonstrate that legally you are in a position to sell your home.
You will then have to complete information about fixtures and fittings and within the home that will be left when you vacate it and you will also be asked about the property and information pertaining to the property. If applicable you may also be asked about the leasehold of the property.
Information Required For Conveyancing
When you complete these forms you will have to send in any Planning Permission consents or Building Regulations approvals for any works that you have done which require either Planning Permission or Building Regulation approval. Sometimes works may have been carried out that do not have Planning Permission or Building Regulations approval, but they should have. At this point you needed either a good solicitor or a good online conveyancing firm!
Your conveyancing solicitor or firm will then obtain your title deeds as well as details from the land registry. If the property is a leasehold then your management company may be asked for their service charge accounts as well as details of the building insurance and a copy of the lease etc. Contracts will then be drawn up. Once the contracts have been exchanged then a target date is agreed and referred to as the completion date, for when the sale will be finalised.
Throughout this process your conveyancing representative will act on your behalf, sorting out the change to the title deeds, the entries on the Land Registry and so on. There is a reasonable amount of work that goes on behind the scenes and often if there is a ‘glitch’ about Planning Permission or Building Regulations approvals, then your representative will have to work hard to keep the sale on track because it could well fall through at this stage.
Completion
Your representative who is undertaking your conveyancing will ensure that all the paperwork is undertaken and that it is all ready and in place, so that on completion day, everything runs smoothly and the house sale will proceed as it should. Obviously if the paperwork is not all in place, then the sale could fall through, so you definitely want someone who really knows what they are doing when it comes to conveyancing!