Selling Your Home
Selling your home can be an exciting but scary experience. Without the help of an experienced conveyancing solicitor, it can also be a legal minefield, especially if you that are a first-time seller. At Pennine Law, we are here to help you at every stage; from accepting an offer, to handing over the keys on completion day.
First thing’s first
The conveyancing process takes on average about 8 to 10 weeks. This does depend on a few factors, including how you answer our questions and return relevant paperwork. Every transaction is different and there can sometimes be challenges that may cause a delay (through nobody’s fault).
Once you have emotionally invested in selling your home, it is a good idea to start gathering everything that relates to your property. This includes finding out the deeds as well as any certificates or proof of work that has been done on your property.
Instructing a Solicitor to sell your home
At this point, we would recommend that you contact us to instruct us to act on your behalf. This allows us to get the ball rolling with all the paperwork.
If you have any questions, talk to us first… Here at Pennine Law, we are happy to walk through the process with you and provide you with an estimated fixed-fee quote.
Unless you are selling your home privately, you will need to speak to an estate agent and get them to list your home on the market. They will value the property for you, to give you a guideline price on how much to sell your home for.
It would be a good idea to start looking into things such as removal companies, just to understand the other costs associated with moving house.
Accepting an offer
Once you have found a buyer and accepted an offer, you can formally instruct your solicitor and inform your estate agent that you have done so. The Estate Agent will send what is called a ‘Memorandum of Sale’ to your solicitor.
The Memorandum of Sale provides details relating to the transaction and allows both sets of solicitors to contact each other to acknowledge their instruction.
At this point, you should expect your solicitor to send out all of the initial documentation for you to read through, sign and return. This will include documents such as the property information form, which will ask you things about the property’s boundaries, insurances and environmental information.
If there is anything you do not know, your solicitor can assist you throughout the process.
Once you return all your initial paperwork, your solicitor will send a draft contract to the buyer’s solicitor so they can raise any initial enquiries.
The next steps of selling your home
Once we have sent the draft contract to the buyer’s solicitor, it is perfectly normal for there to be a period where we just have to wait. Your solicitor essentially cannot do anything on your file until the buyer’s solicitors have sent over their enquires. They may not send their enquiries until they have received the results from their local authority searches.
If you have held a mortgage on the property, then your solicitor will also need to get in touch with the lender to obtain a preliminary statement for it to be repaid.
The buyer’s solicitors will raise enquiries on the property you are selling based on the contract that has been sent over and the information that they have acquired through various local authority searches and survey/valuation reports.
Essentially enquiries are just a set of questions that the buyer or the buyer’s solicitor wants answering before they are happy to sign the contract. Enquires may not all be raised at once due to information being made available at different times to the buyer’s solicitor.
Completion day and moving out
As soon as the buyer's solicitors' have satisfied all their enquiries, your solicitor would expect to receive the contract and the transfer form back from them. When the contract and transfer are agreed upon and all relevant parties are happy, you will be invited to sign the contract and transfer, along with any other relevant documentation.
After you sign the forms, the exchange of contracts can take place and a target completion date can be negotiated with all parties. This will also be the time to book your removal van and any other relevant services so that you are all prepared for your moving out day.
on completion day, your solicitor will ensure that any mortgages and any estate agent fees are paid once funds are received from the buyer's solicitors. The sale will be complete and any money left over will be transferred straight to you.
At this point, you should make final checks on the property and take a final meter reading on any utilities before handing over the keys or dropping them off at the estate agents.
How we can help
At Pennine Law, we understand that this whole process can seem complicated. We pride ourselves in being there for you every step of the way to make things simple and clear.
Here’s what you can expect from us:
- Fixed fees – so you know how much your conveyancing will cost from start to finish.
- Conveyancing Quality Scheme accredited lawyers.
- A friendly team that responds quickly to calls and emails.
- Proactivity – we will chase the other side and push for progress. No delays will ever come from our side.
- Regular updates – so you always know what’s going on.
Why choose our property lawyers?
We’re accredited members of the Law Society Conveyancing Quality Scheme (CQS) for our recognised skills in helping people move house and all other kinds of residential property transactions.
But what does this mean for you? It means:
- We have a proven track record of success.
- We’re great at recognising and reducing risk, so you’re less likely to run into problems or delays during your conveyancing.
- We’re upfront and honest about our fees, so you always know where you stand in terms of costs.
Three simple steps to get started with our conveyancing solicitors
1. Request a fixed fee conveyancing quote
You can decide whether we are right for you and if you are happy with our estimated costs.
2. Give us a call or send us a message
We have local offices in Hoyland and Penistone. Give us a call at your nearest branch, or fill in our online enquiry form and we’ll give you a call back as soon as possible.
3. Let us work our magic
We can make a start as soon as you are happy to proceed with us. Before starting your conveyancing, there are a few admin things we need to get out the way, such as verifying your identity and reviewing our terms & conditions.
We will also confirm your fixed fee conveyancing quote in writing. You can trust that we will never go outside this quote unless extra work is required that is necessary (and even then, we will speak to you first and get your confirmation).
Get in touch with our conveyancing solicitors in Hoyland and Penistone today
Get in touch with our friendly, expert conveyancing solicitors in Hoyland and Penistone to get the sale of your home underway.
Give us a call at your nearest branch or fill in our online enquiry form and we will give you a call back as soon as possible.