ellisons residential property lawyers conveyancing

Conveyancing guide:

When your property is sold

Once your sale has been agreed by your purchaser you may contact our team to act on your behalf. When you have done this you should then inform the Estate Agent of our details so that the relevant paperwork can be forwarded to us from them.

Your new property:

We can also carry out all legal work involved in the purchase of your property. Initially all you need do is provide the Estate Agent and Mortgage Broker with our details. Your Sellers Solicitor will then be able to contact us to confirm instructions.

What we will do:

Firstly we will provide you with forms and other documents which will enable us to gather all of the details about you and your home. Once you confirm that you will be using our services we will contact the other parties and provide them with contracts and documentation.

Local Authority searches:

Once we have received the contract documentation from your seller's Solicitor we will carry out the necessary searches of the Local Authority, Water Authority and Environmental Agency.

Your mortgage:

Your lender will send your mortgage offer to us. We explain the terms and conditions of your mortgage offer. The Contract documentation and Mortgage Deed will be sent to you for approval and signature. You then return it to us.

Exchanging contracts:

Exchange of contracts takes place between the two parties' solicitors. Following exchange your signed contract is forwarded to the other parties' Solicitor and they in turn will send their signed part to us

At this stage you and your seller/buyer will all be legally committed to the transaction. At this stage a date will have been confirmed for completion. It is on the day of completion that you will actually move house.

Completion of your move:

We will deal with all the legal paperwork for you.

We will discharge your mortgage and/or draw down funds for your new mortgage.

We will pay your estate agents fees (provided you have instructed us to do so)

We will arrange for the legal documentation to be signed for the transfer of the property at H M Land Registry and will then register your ownership for you.

We will also deal with any Stamp Duty payable to the Inland Revenue on your behalf.

Payment of fees

Prior to completion we will require any monies due to us to be cleared funds in time for completion. We will deduct our fees, disbursement costs and stamp duty from the balance at completion.