If you are a first-time buyer (or perhaps you are just unsure of the procedures involved), then we hope that the following summary will give you a brief insight into what happens behind the scenes – from a legal point of view.
• You should contact us as soon as you have found a suitable property to purchase.
• We will ask you to complete one or two forms from the outset which will help to avoid any delays later on.
• As soon as we have received the title documents and a draft contract from the seller’s solicitors, we will put in hand the various searches, investigate title and raise enquiries, as appropriate.
• We will keep you updated about progress and advise you of anything likely to cause a delay.
• As soon as we have received satisfactory replies to our enquiries, search results and a copy of your mortgage offer, we will report to
you with the contract for signature.
• A deposit is required at this stage for exchange of contracts.
• Assuming that all parties are in a position to proceed, a completion date is agreed on and exchange takes place.
• You will now be in a position to confirm your removals.
• We will liaise with you before completion to ensure that you have all financial means in place and will request your mortgage funds.
• On completion, we will send the balance purchase monies to the seller’s solicitors; as soon as they have received them, we will telephone you to confirm that you may pick up the keys.
