Selling a House: A General Outline of the Process
What We Will Do
|
What You Need To Do
|
What Your Lender Does
|
Once we have been instructed by you, the client, Cunningtons will:
- Where instructed,order and make available your home information pack
- Obtain your title deeds
- Obtain up to date copy of the title from HM Land Registry
- Draft and submit Contracts with necessary title and property information
- Deal with enquiries raised by the buyers’ solicitors
- Send the sale Contract to you to sign and return in readiness for exchange.
|
- Instruct Cunningtons to undertake your conveyancing
- Forward any title deeds & EPC
- Complete Property Information Forms and Fixtures & Fittings Form
- Answer any enquiries raised by the buyer
- Sign the Contract and return with instructions regarding desired Completion dates
- Arrange removals
|
- Send us the title deeds if held
- Advise us of current redemption amount
|
Exchange Contracts
|
Exchange Contracts
|
Exchange Contracts
|
-
- Completion date is set
- Request redemption figure
- Send Transfer deed for signing
- Obtain Estate Agents commission account
- Prepare Financial Statement
|
- Sign Transfer with a witness and return to us before Completion;
- Cancel Direct Debit instructions with Lender;
- Notify utility providers and arrange to settle any outstanding amounts;
- Cancel any buildings insurance policy.
|
|
Completion
|
Completion
|
Completion
|
- Receive sale monies;
- Release keys to buyers;
- Discharge mortgage;
- Pay Estate Agents;
- Account to you for the net proceeds;
- Send deeds to buyers’ solicitors.
|
- Clear property and hand keys to the Estate Agents.
|
- Issue evidence of discharge of the mortgage upon receipt of funds.
|
Rider : the above is a general outline only, as each transaction has unique requirements.
Related pages: