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Conveyancing Solicitors Milton Keynes

We are the leading Conveyancing solicitors in Milton Keynes. We provide conveyance services to clients that are looking to buy or sell a house. Our simplified approach allows us to help our clients to buy or sell the property while meeting all the legal requirements in a very structured process.

Conveyancing process for buying a house

Step 1 – Initiate

You will need to engage us first when you’re ready to buy a house. We will ask that you provide us with your form of identity and that you also fill out the initial paperwork. If there are any searches that you would like us to conduct, kindly avail us with the funds for the searches as well.

Step 2 – Receive draft contract

The seller’s conveyance solicitor in Milton Keynes will send a draft contract to us that includes the electronic deed, the protocol forms, and any other necessary documents.

Step 3 – Searches and investigation of title

In this step, we will start by carrying out any searches that you had requested for. We will also review the contract and verify all the documents that were attached to the contract. If there are any questions, we will direct them to the seller’s solicitor for answers. Depending on the number of enquiries that we have to make, the process can take quite some time.

Step 4 – Report

Based on the answers that we have gotten and the results from the investigation of the title, we will write a report and have it sent to you. We will include your mortgage offer on the property and also the completion statement showing how much you’re expected to pay.

Step 5 – Signing

If you find all the paperwork to be in order and are happy with the response from the buyer, we will arrange for the signing of the contract. During this event, all the parties will also be expected to settle on a completion date. After this, you will be expected to transfer the agreed deposit to us.

Step 6 – Exchange of contracts

To make the transaction legally binding, the contracts will be exchanged. We will send the deposit to the seller’s solicitor and request your lender to pay for the mortgage advance.

Step 7 – Completion of Conveyancing process

On the completion day, we will send the balance of the purchase price of the house to the seller’s solicitor. You will receive the key to the house from the estate agent after confirmation of the money having been received.

Conveyancing process for selling a house

Step 1 – Initial instructions

As in buying the house, you will need to get in touch with us first when selling as well. We will have a talk and discuss the details of the transaction. We may also take notes if necessary to help us start the process. You will also be required to complete the initial paperwork and fill out the protocol forms and attach your form of identity. Also, transfer funds for office copy entries if any are needed.

Step 2 – Contact with your mortgage lender

We will need to get in touch with your mortgage lender to provide us with a statement showing how much of the mortgage is yet to be repaid and also provide us with updated electronic deeds to the house you’re selling.

Step 3 – Obtain documents from the Land Registry

We will then obtain the most current electronic deeds (official copies) from the Land Registry at the cost of £12.00 payable by you.

Step 4 – Preparation of draft contract

We will prepare the draft contract and send it to the buyer’s solicitor. In it, we will attach copies of the electronic deeds, the protocol forms, and duplicates of any other relevant paperwork.

Step 5 – Enquiries raised by buyer’s solicitor

The buyer’s conveyancing solicitor in Milton Keynes will need to review the draft contract and verify the documents. If they have any enquiries, they will get in touch with us, and we will refer to you for answers. The process might be lengthy depending on the number of questions that have to be asked.

Step 6 – Agree on a completion date

After we have addressed all the enquiries and the buyer is satisfied, we can arrange for a signing of the contract. During the signing, a completion date will also be settled upon by all the parties in the sale. The buyer will then be required to transfer the deposit to their solicitor to allow us plan for the next step.

Step 7 – Exchange of contracts

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

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

The buyer’s conveyance Milton Keynes solicitor will send the remainder of the balance to us. We will instruct you to leave the keys with the estate agent. Once we receive the money, the keys will be released to the new owner. We will then proceed to clear your current mortgage balance and other fees related to the sale. The balance will then be sent 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 Milton Keynes

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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