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Conveyancing Solicitors Beeston

Buying or selling a house is one of the biggest decisions that you have to make. The process also happens to be intricate and very dependent on the law. Our Conveyancing Solicitors in Beeston can help you through the process in very simple and straightforward steps.

Conveyancing process for buying a house

Step 1 – Initial instructions from you (start)

For the process to start, we will need to get instructions from you. To make it official, we will also ask you to fill out the initial paperwork along with your form of identity. If you would like any searches conducted, we will also ask that you deposit the funds to facilitate this with us.

Step 2 – Receive draft contract

The seller’s solicitors will complete the draft contract and send it to us. The contract will include other documents like the property forms, official copies and duplicates of other relevant documents regarding the property.

Step 3 – Searches and investigation of title

In this step, we will carry out the searches that you requested for earlier. We will also review the paperwork received as part of the draft contract and should any questions arise, we will raise these with the seller’s solicitors. It might take some time to get all the answers we need.

Step 4 – Report

Once we have gotten all the answers to our queries and the results for the searches, we will create a report and send it to you. It will include your mortgage offer. Since we cater to the financial aspect of the transaction, we will also give you a completion statement which indicates the total amount you’re supposed to pay.

Step 5 – Signing

If you find all the paperwork up to standard, we can arrange for signing of the contract. During this, you will set a completion date and transfer 10% of the purchase price as a deposit so we can arrange for the exchange of contracts.

Step 6 – Exchange of contracts

With the exchange of contracts, the transaction along with the completion date become legally binding. We will forward the deposit to the seller’s solicitors and request that your mortgage advance is cleared. You should also make sure that all monies owed to us are cleared at least one working day before the completion date.

Step 7 – Completion of Conveyancing process

On the completion date, the full purchase price of the house is sent to the seller’s solicitor and the keys left with the estate agent. The keys are released to you after the funds are received by the seller’s solicitor.

Conveyancing process for selling a house

Step 1 – Initial instructions from you (start)

To sell your house, you will need to set up a meeting with us. Typically, the process is a little different and more information is required. We will take notes regarding the sale and any other details. You will be required to complete the initial paperwork which includes the protocol forms and provide your form of identity. We may also ask you to send us funds for office copy entries if any are required.

Step 2 – Contact with your mortgage lender

To verify how much of the current mortgage you’re yet to clear, we will get in touch with your mortgage lender. We will also apply for a copy of your current title deeds to the property.

Step 3 – Obtain documents from the Land Registry

At a cost of £12.00 payable by you, we will obtain up to date copies of the electronic title deeds from the land registry.

Step 4 – Preparation of draft contract

Based on the collected documents and information, we will prepare a draft contract for the sale of your house. It will be sent to the buyer’s solicitors together with the official copies, protocol forms and other relevant copies. We will give the buyer’s solicitors a bit of time to go through the paperwork.

Step 5 – Enquiries raised by buyer’s solicitor

The buyer’s solicitors will carry out the searches requested by the buyer and if they are any questions regarding the property or the transaction, they will address them to us then we can forward the same to you.

Step 6 – Agree on a completion date

Once the buyer is happy with the responses, a signing date can be set up in which the completion date will also be agreed upon by all the parties in the sale. The buyer will then be required to forward the deposit for the purchase to their solicitor.

Step 7 – Exchange of contracts

The completion date and the transaction as a whole become legally binding once the contracts have been exchanged. After this, the deposit sent to the buyer’s solicitor is then transferred to us. We then ask for a final redemption statement from your lender.

Step 8 – Conveyancing process for selling a house (finish)

On the completion date, the buyer transfers the remaining balance of the purchase price to the solicitor and you leave the key with your estate agent. Once we receive the funds, the key to the property is released to the new owner. We will then proceed to pay all balances owed to us and your previous lender and send the balance to you.

Kick start the conveyancing process and get a quick, instant conveyancing quote today: CLICK HERE

We have dedicated team members who cover Loughborough, Stockport, Syston, Lutterworth, Hinckley, Carlton, Hucknall,  Market Harborough, Beeston, Bulwell, Buxton, Leicester, Derby, Oadby, Lewisham

Other topics related to the conveyancing process:

Click on the links below to find out more about:

Buying a house

Selling a house

Right to buy

Unregistered properties

First-time buyer

Leasehold property or freehold property?

Shared ownership

New builds

Buy to let

Remortgaging

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Conveyancing Solicitors Beeston

Why should you use us?

Edward Hands and Lewis have been in business for well over 100 years and we understand our client's needs. Here are a few reasons why you should use us.
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    Edward Hands and Lewis is now a nationally-acclaimed body. For over a hundred years Edward Hands and Lewis has been an established solicitors in the Leicestershire area, but now we have branched out across the UK.

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    Our solicitors are approachable and helpful and understand that legal undertakings can be incredibly stressful. We pride ourselves on excellent client service which has been recognised year on year by our Lexcel accreditation.

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    We know you may not be available within standard working hours, which is why we make ourselves available for out of hours appointments.

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