Our dedicated team of expert lawyers at Holcroft Lawyers are always available to guide you through the whole process.
A typical conveyancing transaction has two major phases: the exchange of contracts and completion.
A buyer will firstly want to investigate the property thoroughly – for example whether there are any planning restrictions that might cause a problem.
Your lawyer will prepare or review the Contract of Sale before the parties sign and exchange contracts.
Some of this will be standard, but there will be a range of special conditions to negotiate depending on the property and your own personal circumstances.
Once contracts are exchanged, preparations commence for completion to occur.
The date for completion will be set out in the contract.
There will likely be coordination with a bank if you are taking out a mortgage to pay for the property or for a mortgage to be discharged.
If you are buying or selling a property and need assistance, please get in touch with the team at Holcroft Lawyers and we can assist you with your needs.