A Home moving guide
Charles Henley Solicitors undertake to manage all aspects of your
property move. The conveyancing process includes the following:
On a sale
- We will begin by writing to you, setting out terms of business
and confirming the quote given in respect of costs and disbursements.
- Once you have confirmed instructions, we will obtain your deeds
and the necessary documentation from the Land Registry to enable
us to prepare the draft contract and supporting documentation
which will then be sent to your Buyers Solicitors for their approval.
- Upon receipt of any enquiries that the Buyers Solicitors may
raise concerning the documentation and the results of the Buyers
Solicitors searches, we will reply to them as appropriate.
- We will then send to you the contract for you to sign, which
we will hold until the Buyers Solicitors and the rest of the chain
are ready to proceed.
- Once the whole chain is ready to proceed and a completion date
has been agreed, contracts will be exchanged, which is the point
at which you become legally bound to the transaction.
- If you have a mortgage, we will then apply to your mortgagees
for a redemption statement showing the amount required to pay
off your mortgage as on the completion date.
- Upon completion of the transaction, once the completion monies
have been received, we will pay off your mortgage and pay over
to you any balance that may be due to you.
On a Purchase
- We will begin by writing to you, setting out our terms of business
and confirming the quote given in respect of the costs and disbursements.
- Once you have confirmed instructions, we will write to your
Sellers Solicitors, asking them to send to us the necessary draft
contract and supporting documentation.
- Upon receipt of the draft contract and documentation from your
Sellers Solicitors, we will apply for searches and raise any additional
enquiries concerning the same which we consider necessary.
- Upon receipt of satisfactory replies to searches, enquiries
and mortgage instructions (if applicable) we will either report
to you in writing or make an appointment at our office to go through
the contract documentation with you prior to your signing the
contract.
- Once everybody in the chain (if there is one) is ready to exchange
contracts and a date for moving has been agreed, the transaction
may proceed to exchange of contracts, whereupon all parties to
the transaction become legally bound.
- We will then apply to your Financial Lending Institution for
the mortgage funds (if applicable) to be released in time for
completion and also ask you to remit to us any balance of funds
that may need to complete.
- Upon completion we will telegraphically transfer to your Sellers
Solicitors the amount required to complete whereupon the completion
documentation including the deeds will be delivered to us.
- After completion we will deal with Stamp Duty Land Tax and the
Registration of the Transfer at the Land Registry.
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