Step by step guide

Agreement of sale

This is the part when an offer has been made, accepted and the property is sold subject to contract. Surveys will be carried out on the property and if both parties are happy with the results, then hopefully all parties will move on to the next stage of the sale process though it is important to note that either party can still back out at this stage.

Exchange of contracts

This is the part of the process that makes the transaction legally binding. The mortgage funds are in place and contracts and documents are approved, and ready for signing. At this point, all final questions are discussed and a completion date is agreed.

Completion

This will be confirmed by your solicitor/agent. Both must parties must ensure monies have been correctly transferred before the keys can be collected from the selling agent. We recommend you do this as early in the day as possible however this can take some time as money needs to exchange hands up and down the chain.