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Conveyancing Solicitors Richmond

While most people find the process of looking for a new home very tasking, the process of conveyancing in Richmond is just as difficult especially if you don’t understand the intricate process and what needs to be done. With our conveyancing solicitors in Richmond services, we break it down and help you make easy work of it.

Conveyancing process for buying a house

Step 1 – Initial instructions from you (start)

Once you have identified the property that you would like to purchase, you can then reach out to us to assist. We will ask you to provide us with forms of identification and fill out the initial paperwork. Once that is done, we will also ask you to make funds available for any searches that you would like us to do.

Step 2 – Receive draft contract

The seller’s solicitors will complete and send us the draft contract along with the copies of the title deeds to the property and property forms among other documents. We will need a bit of time to go through the documentation.

Step 3 – Searches and investigation of title

We will need to verify and confirm all the documents that we have received and also go through the contract. In this step, we will also conduct the searches. If there are any questions, we will ask the seller’s solicitors for clarifications and answers where necessary.

Step 4 – Report

With all the information that we have gathered, we will proceed to prepare a report that will be sent to you along with the completion statement and your mortgage offer.

Step 5 – Signing

The next step is signing. This is done if you’re content with the answers provided and also the paperwork. During the signing, all the parties will also be required to settle on a completion date. After that is done, you will be required to send the deposit for the property to us.

You should note that signing at this point is a way of saving time and does force you to continue working with us in any way; this stage is not legally binding.

Step 6 – Exchange of contracts

We will then proceed to arrange for the exchange of contracts make the transaction legally binding, and then forward the deposit to the seller’s solicitors. We will then ask your mortgage lender to pay your mortgage advance.

Step 7 – Completion of Conveyancing process

On the completion day, we will send the balance of the purchase price to the seller’s solicitors after which the keys to the property will be released to you.

Conveyancing process for selling a house

Step 1 – Initial instructions

If you’re selling your house, we will first need to get details of the house and the transaction. We will have a sit down where you will share this information. You will further be requested to fill out the protocol forms and the initial paperwork. If there are any office copy entries that are required, we will ask that you make the funds available and we will need to receive a copy of your form of identifications.

Step 2 – Contact with your mortgage lender

For the current title deeds of the house and also a statement showing how much of the current mortgage is yet to be paid we will contact your mortgage lender.

Step 3 – Obtain documents from the Land Registry

We will need to obtain the electronic copies from the Land Registry.

Step 4 – Preparation of draft contract

After we have collected the documents and the information needed, we will prepare a draft contract which will be sent to the buyer’s conveyancing solicitor in Richmond. The contract will be accompanied by duplicates of the title deeds and property forms among others.

Step 5 – Enquiries raised by buyer’s solicitor

After receiving the contract and documents, the buyer’s solicitor will need time to go through the contract and verify the documents. This might take some time. If they have any questions or concerns, they will let us know and we can forward the same to you for a response.

Step 6 – Agree on a completion date

If the buyer is happy with the responses that you have offered and they would still like to buy the house, the next step is going to be signing the contracts and settle a completion date. The buyer will then be required to forward the deposit to their conveyancing solicitor in Richmond.

Step 7 – Exchange of contracts

With the exchange of contracts, everything will be legally binding. The deposit will be forwarded to us and we will ask for a final redemption statement from your mortgage lender.

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

Lastly, we will receive the full balance of the purchase price from the buyer’s conveyancing solicitor in Richmond and use to settle your current mortgage and other costs arising from the balance.

Cheap conveyancing across Richmond

For help with conveyancing in Richmond, reach out to us. Our team of conveyancing solicitors are more than willing to assist you and we offer the most competitive and affordable pricing.

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 Richmond

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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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