Stages involved in a sale of residential property
The precise stages involved in the sale of a residential property vary according to the circumstances and will generally include the following:
- Take your instructions and give you initial advice
- Prepare and advise on contract documents
- Obtain any planning documentation if required
- Deal with any enquiries raised by the buyer's solicitor
- Send final contract to you for signature
- Agree completion date (date from which you no longer own the property)
- Exchange contracts and notify you that this has happened
- Complete sale
- Redeem any charges on the property
- Report to you with the net proceeds of sale
How long will my house sale take?
How long it will take from your offer being accepted until you move out of your house will depend on a number of factors. The average process takes between 6- 10 weeks.
Our fees for a sale, purchase or re-mortgage depend upon the value of the property you are buying or selling, or the new loan being taken out and are listed below:
It can be quicker or slower, depending on the parties in the chain.
For example, if your buyer is a first-time buyer and you do not need to purchase another property it could take 4-6 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.
To contact one of our specialist residential property team members simply email us at firstname.lastname@example.org or telephone us on 01883 347823. Or you can fill out our contact form or email our office and someone will be in touch within 24 hours.
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