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Conveyancing Solicitors Oakham

When buying or selling a house, getting the price right is just a piece of the puzzle. There are a lot of documents that need to change hands and requirements of the law to be met. To be able to get all this done, you need the input of an expert. With our friendly conveyancing solicitors in Oakham service, you have all the help you need under one roof.

Conveyancing process for buying a house

Step 1 – Initial instructions from you (start)

When buying a home, the first step will be to get in touch with us. You will be requested to complete the initial paperwork and provide us with forms of identity. Once this has been completed, we will ask that you to make funds available for any searches you would like us to conduct.

Step 2 – Receive draft contract

Next, the seller’s solicitors will send us the draft contract. In there it will be other documents like the property forms, official copies, and duplicates of relevant documentation.

Step 3 – Searches and investigation of title

In this step, we will conduct the searches that are necessary for. We will also review the draft contract received as well as verify the title of the property. If we have any questions, we will raise them with the seller’s solicitor.

Step 4 – Report

Once we have completed the verification process and have the results of the searches with us, we will compile a report and send it to you. The report will include your mortgage offer and a completion statement detailing how much is expected from you.

Step 5 – Signing

If you’re comfortable with the report and the answers that have been provided, the next step of the process is the signing. During the signing, all the parties pertinent to the process will settle on a completion date. After the signing, we will ask that you send the deposit of the property to us.

Step 6 – Exchange of contracts

To make the entire process legally binding, contracts have to exchange hands. Once this has been done, we will forward the deposit to the seller’s conveyancing solicitor in Oakham. We will also ask for the mortgage advance from your lender.

Step 7 – Conveyancing process for buying a house (finish)

On the completion day, we will send the full balance of the purchase price of the house to the seller’s solicitor. They will be requested to leave the keys with the estate agent after which they will be released to you once they confirm receipt of the money.

Conveyancing process for selling a house

Step 1 – Conveyancing process for selling a house (start)

Expectedly, the process of selling your home is more complex and that means that after getting in touch with our conveyancing solicitors in Oakham. We will note down any necessary information and begin the process. We will also ask that you fill out the initial paper work that includes the property forms and also provide us with forms of identity. In case there are any copy entries required we will also ask for funds to be available to accommodate this.

Step 2 – Contact with your mortgage lender

We will need to apply for the current copies of the property and the statement showing the balance on your mortgage. For these, we will contact your mortgage lender.

Step 3 – Obtain documents from the lands registry

We will also obtain official copies from the Land Registry.

Step 4 – Preparation of draft contract

Using the information that you have provided us with and the documents we have collected, we will prepare a draft contract, attach all the relevant documents and send it to the buyer’s solicitor.

Step 5 – Enquiries raised by the buyer’s solicitor

The buyer’s solicitor is expected to go through the contract and the documentation attached. This could take up to one week. If there are any questions that arise we will forward these to you for the best answers.

Step 6 – Agree on a completion date

After the buyer is content with the response and the answers that you have offered, the next step is to arrange a date for the completion and signing of the paperwork. After the signing, the buyer’s solicitor will send us the deposit for the property as we prepare for the next phase of the sale.

Step 7 – Exchange of contracts

To make the completion date legally binding, the contracts have to change hands. After this has been done, the deposit is then transferred to us and we request your lender to send us a final redemption statement.

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

On the moving day, we will receive the full balance of the purchase. We will ask that you leave the keys with the estate agent and once we have confirmed the transfer, the keys will be released to the new owner.

Cheap conveyancing across Oakham

With our affordable and highly accessible conveyance soliciting services, we can help you buy, sell or transfer property with ease. Our hands on approach will take the burden of documentation from your hands and let you take a back seat as we do the heavy lifting.

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 Oakham

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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    At Edward Hands and Lewis we have an award winning team to deliver legal services to you. Our solicitors and support teams have won awards for their expertise and business acumen and continue to deliver excellence in the profession.

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