The process of selling a property involves several detailed steps. Here is a step-by-step guide:

Stage 1: Initial Steps

• Offer accepted by Buyer.
• All parties instruct Solicitors.
• Memorandum of Sale issued.
• Seller’s Solicitor requests Deeds from Land Registry.
• Both Solicitors confirm instructions.

Stage 2: Contract Package

• Seller’s Solicitor sends Contract package to Buyer’s Solicitor.

Stage 3: Searches and Enquiries

• Buyer’s Solicitor reviews Contract package and submits searches.
• Buyer’s Solicitor may request additional information.

Stage 4: Contract and Deposit

• Buyer’s Solicitor reviews replies and arranges for Buyer to sign Contract.
• Buyer provides deposit.

Stage 5: Exchange of Contracts

• Completion date agreed.
• Contracts exchanged—parties are legally bound.

Stage 6: Completion Date

• Buyer’s Solicitor transfers money.
• Seller’s Solicitor authorizes key release.
• Seller’s Solicitor settles outstanding mortgages and fees.

Smalleys Solicitors provides exceptional The Residential Sales Process and Residential Conveyancing services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.

To receive expert advice and representation regarding The Residential Sales Process and Residential Conveyancing, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.