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Conveyancing Solicitors Birmingham

When buying or selling a home, conveyancy solicitors in Birmingham play a critical role in helping you understand the legal aspect of the process and also ensuring that you’re able to comply with all the documentation. In seven simple steps, we will take over the entire workload and make buying or selling your house much easier.

Conveyancing process for buying a house

Step 1 – Initiate

When buying a home, you will need to get in touch with us. To understand the process better, we will ask you to fill out the initial paperwork and provide us with your form of identity. We will also request that you deposit funds with us if you would like us to carry out some searches.

Step 2 – Receive draft contract

The seller’s solicitors will put together a draft contract and send it to us. It will include documents related to the property like the official copies and protocol forms as well as duplicates of other documents related to the property.

Step 3 – Searches and investigation of title

We will review and verify the draft contract we received and also carry out the searches if you had requested for any. If there are any questions, we will direct them to the seller’s conveyancing solicitors in Birmingham for answers. This step might be lengthy depending on the number of enquiries that we have to make.

Step 4 – Report

After verifying all the documents and having received all the necessary responses from the seller, we will create a report for you on the property. In it will be your mortgage offer and also the completion statement since we will also cater to the financial aspect of the transaction.

Step 5 – Signing

Signing will be arranged only if you’re happy with the responses offered by the seller and the solicitors. During the signing, all the parties will also settle on the completion day. At this point, we will request that you transfer the agreed deposit to us to allow us to prepare for the next step in the process.

Step 6 – Exchange of contracts

This is the legal step of the entire process. By exchanging contracts, all the terms and the completion date become legally binding. We then transfer the deposit amount to the seller’s conveyancy solicitor in Birmingham. We will also ask that your mortgage advance be paid from your lender.

Step 7 – Completion of Conveyancing process

On completion day, the full purchase price of the house will be sent to the seller’s solicitor and the keys left with the estate agent. Once they confirm having received the money, the keys will then be passed on to you.

Conveyancing process for selling a house

Step 1 – Initial instructions

Once you contact us, we will have a conversation, and we will take down notes on the details of the transaction. With these, we can get the process started. We will also request that you complete the initial paperwork which will include the protocol forms and provide us with your form of identity. If there are any office copy entries required, you will need to deposit funds with us to facilitate that.

Step 2 – Contact with your mortgage lender

We need to know how much of the current mortgage is unpaid. We will contact your mortgage lender to provide us with a statement to show this and also make available to us copies of up to date electronic deeds.

Step 3 – Obtain documents from the Land Registry

From the Land Registry, we will need to get the electronic deeds (official copies). This will cost you £12.00.

Step 4 – Preparation of draft contract

With the documents, we have obtained and the information that you have provided us with, we will prepare the draft contract and send it to the buyer’s conveyance Birmingham solicitors. The draft contract will include copies of the electronic deeds, the protocol forms and other documents that might help with the sale of the house.

Step 5 – Enquiries raised by buyer’s solicitor

After receiving the draft contract, the buyer’s solicitor will need time to go through the contract and verify the documents. During this period, if there are any questions, they will be directed to us, and we will refer them to you for answers.

Step 6 – Agree on a completion date

If the buyer’s solicitors are content with the answers that you have offered them, the next step is to arrange for the signing of the contract. A completion date will also be agreed upon by all the parties during the signing. The buyer will then be expected to transfer the agreed deposit amount to their solicitor which will trigger the next step.

Step 7 – Exchange of contracts

The transaction and the completion date become legally binding when the contracts are exchanged. The deposit is then transferred to us, and we request a final redemption statement from your lender.

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

We will receive the full balance on the completion day from the buyer’s solicitors and request that you leave the keys with the estate agent. We will pay the balance on your current mortgage and any other costs accrued in the process. What remains will be sent 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 Birmingham

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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