josephandwhite solicitors properties buy, sell, re-mortgage
Buy properties, Sell properties, Re-mortgage properties
 









 
 
 
Joseph & White the UK's
 
experts in conveyancing
 

 

THE BUYING PROCESS:

The work carried out before exchange of contracts:

  • Confirm all parties are proceeding.
  • Obtain draft documentation from Vendor's Solicitor.
  • Searches of the property carried out with Local, Water and Environmental Authorities.
  • Receive mortgage offer, review any special conditions that may need to be satisfied and check valuation report.
  • Enquiries raised from results of Searches, Mortgage Offer, Valuation Report and draft Documentation.
  • Report on the property provided and arrangements made for signature of all documentation.

Exchange of Contracts to Completion of the purchase:

  • Exchange of contracts once all documentation signed, a deposit provided by you and a completion date agreed by all parties.
  • Deposit and contract forwarded to the vendor's Solicitor.
  • Final Searches carried out between exchange and completion.
  • Final Completion Statement forwarded showing balance required to complete.
  • Funds requested from Mortgage Company for the Completion date.

Completion and Post Completion Work:

  • Balance of funds received from you Mortgage Company are forwarded to the vendor's Solicitor.
  • Once funds received keys are released to you and Title Deeds for the property forwarded to us.
  • Stamp Tax is paid to the Inland Revenue on all purchases over £120,000.00
  • Upon receipt of the “Tax Paid” Certificate papers sent to HM Land Registry for registration in your name.
  • Once registered confirmation forwarded to you and to your Mortgage Company.
 
 
 
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A: 558, High Road, Wembley London HA0 2AA DX 80225 Wembley Central T: 0044 208 795 2020 F: 0044 208 903 9031 E:info@conveyancing.uk.net
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