Read the selling a house video transcript
If you’re selling your home, you will need a conveyancer to act for you once an offer has been made and the sale has been agreed.
It’s worthwhile instructing a conveyancer as early on in the process as possible so that everything can be prepared for when a buyer is found.
They’ll complete as ID check and take some further details from you, like any known cost for paying back your mortgage early and any leasehold details.
They’ll obtain a copy of the title and send a draft contract to the buyer’s conveyancer.
Before the exchange of contracts, you’ll need to complete or supply detailed questionnaires for your buyers about the property and what you intent to include with the sale.
When all the details are sorted your conveyancer will agree a completion date with your buyer and exchange contracts.
Both seller and buyer are legally obliged to complete on the date set.
Time to move out.
On the day of completion, the money and legal ownership is transferred.
Your conveyancer will then register the transfer of ownership with the land registry.
Remember to keep paying the mortgage and home insurance until after completion.
You may also want to set up a temporary postal redirection service, so your mail gets delivered to your new address.
Your conveyancer will then account for their fees, estate agent or mortgage costs and pay any balance to you.