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Conveyancing Solicitors Lewisham

To transfer property from one owner to another requires the proper procedure to be followed. Without the help of reliable conveyancing solicitors in Lewisham London, the process can be complex and rough. We are ready to help you sell or buy a home and make the process as easy as possible for you.

Conveyancing process for buying a house

Step 1 – Initial instructions from you (start)

The process is started by getting in touch with us. We then ask you to fill out the initial paperwork and provide us with a form of your identity. We may also ask you to send funds to us if you would like any searches carried out.

Step 2 – Receive draft contract

In the second stage of the buying process, we will receive a draft contract from the seller’s solicitors. Along with it will be other vital documents like the property forms, official copies and others relevant to the process or the property.

Step 3 – Searches and investigation of title

Our conveyancing solicitors in Lewisham will need to review the contract and ensure that all the documents are authentic. In case there are any questions about the property or the transaction, we will forward them to the seller’s solicitors who will then forward it to the seller for a response. At this stage, we will also run the searches that you had requested. Keep in mind that this process might take some time.

Step 4 – Report

After we have all the answers and results from the searches, we will draft a report and send it to you. The report will also include your offer on the mortgage. We will also provide you with a completion statement that shows how much you’re expected to pay since the financial details of the transaction are also handled by us.

Step 5 – Signing

Once you’re content with the paperwork, we will arrange for the signing. All the parties will also agree on the completion date. Before the next step, you will need to transfer the deposit of about 10% of the purchase price.

Step 6 – Exchange of contracts

At this stage, the transaction and the completion date become legally binding once the contracts have changed hands. The deposit will then be sent to the seller’s solicitors. You should then make sure that the remaining funds due to us are cleared at least one working day before the completion date.

Step 7 – Completion of Conveyancing process

The last step before you can own the house is done on the completion date. It starts by sending the full purchase price of the property to the seller’s solicitor. The seller will leave the keys with the estate agents. Once we confirm receiving the money, the keys will be passed on to you.

Conveyancing process for selling a house

Step 1 – Initial instructions from you (start)

Selling your house will start with you having a sit down with our conveyance solicitors in Lewisham. We will try and learn as much as possible and we may even take some notes. We will then ask you to fill out the initial paperwork along with some property forms and offer us your form of identification. In case there is any office copy entries needed, we will ask you to fund that.

Step 2 – Contact your mortgage lender

We will need to get in touch with your mortgage lender. This will help us apply for your current title deeds to the property and also request for a statement on how much balance is left on the mortgage.

Step 3 – Obtain documents from the Land Registry

We will obtain official copies of up to date electronic deeds. These are available from the Land Registry at a cost of £12.00.

Step 4 – Preparation of draft contract

In the fourth step of selling your house, we will prepare and send a draft contract to the buyer’s solicitors. Along with the contract, we will also send the protocol forms, the official copies and other documents that will help in the process. It might take some time for buyer’s solicitor to go through the documents.

Step 5 – Enquiries raised by buyer’s solicitor

During the period that the buyer’s solicitor is going through the documents, they might raise questions and queries. The questions will be directed to us and we will forward them to you for answers.

Step 6 – Agree on a completion date

Once all the questions have been answered and the buyer’s solicitors are content with the response, a signing date will be set. Also, all the parties will agree on a completion date. The buyer’s solicitors will also be required to get the deposit from the buyer.

Step 7 – Exchange of contracts

With the deposit with the buyer’s solicitors, the exchange of the contracts will be organised. When this is done, the completion date becomes legally binding. The deposit is then transferred to us then we will request a final redemption statement from the lender.

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

On the final day of the transaction, the full balance of the purchase price will be sent to us. We will then instruct you to leave the keys to the house with the estate agent. We will then clear the existing mortgage and any other fees accrued in the transaction. The balance will be sent to you. Get in touch with conveyance solicitors in Lewisham to begin your move!

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 Lewisham

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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