THE CONVEYANCING PROCESS
Here we have put together a time plan of the milestones during both a sale and a purchase transaction.
Please note that these are only a guide and delays can happen due to complications during any transaction.
THE CONVEYANCING PROCESS
Here we have put together a time plan of the milestones during both a sale and a purchase transaction.
Please note that these are only a guide and delays can happen due to complications during any transaction.
TIMESCALE FOR SELLING
TIMESCALE FOR SELLING
Week 1
Instruct your solicitor / conveyancer, pay money on account and complete the property information forms.
Week 2
Your solicitor / conveyancer issues the contract and ownership information to the buyer’s solicitors.
Week 3 – 6
Your solicitor / conveyancer agrees the contract and will help you satisfy all enquiries from the buyer’s solicitors.
Week 7 – 8
Moving date agreed and contracts exchanged – This makes the sale binding.
Week 9 – 11
You now have a guaranteed moving date. You can make arrangements and start packing. You will need to sign completion documents with your solicitor / conveyancer. You will receive a statement showing the amount you will receive upon completion.
Week 12
Complete. Move out and handover keys, any mortgage is redeemed and you should renew or make a will.