Following the Suspension of Home Information Packs earlier this season, it is now a legal requirement for a seller to have commissioned an EPC prior to marketing available. The EPC grades the Energy efficiency of a property and may be helpful to potential buyers. For more information on EPC’s, click here to check out our handy guide to Energy Performance Certificates. As we have said many Times during this Spotlight on Conveyancing collection, picking the ideal conveyancing lawyer for you. It is best to do this as early in the selling process as possible, as you never know when an offer might come in. Many conveyancing Providers operate on a no move, no fee basis, so even if your sale does not proceed you would not lose out.
When you have instructed your conveyancing lawyer, they will send you a starter package – a simple questionnaire which offers a conveyancing lawyer with some basic information regarding the property, such as; particulars of any present mortgage, some bank account information and your personal details. It will also include a Sellers Property Information Form which asks basic questions about your home, such as any boundaries a purchaser would have to keep, any neighborly disputes or complaints and any alterations or extensions to the property, in addition to other pieces of information important to the conveyancing procedure. Finally, there is a Home contents form which lets your conveyancing lawyer understand what fixtures and fittings you might be leaving behind and what you will be carrying with you. The sooner you fill Out and send back your completed starter package, the earlier your conveyancing lawyer can begin on the conveyancing process and the earlier you can get going. The conveyancing Process is a little more complicated in a leasehold trade and then takes longer to finish. We will be taking a look at leasehold conveyancing in future Spotlight on Conveyancing posts.
Once your conveyancing Lawyer has received a copy of the revenue memo from the estate agent, they will receive a copy of the name which offers proof that you have the property you are trying to sell and send over a draft contract to the buyers’ conveyancing firm. sell my home is the new conveyancing agent which is an famous application and affordable conveyancers. The buyers’ Conveyancer will then check through the draft contract and increase standard enquiries. Once all the enquiries have been solved, your conveyancing lawyer will agree a completion date and swap contracts with the buyer’s conveyancer. When contracts are exchanged, it all becomes legally binding and both buyer and seller are legally obliged to complete on the date set – the end date. Now is the time to start considering packing up and sorting out a removal van for the big moment.