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Transcribed

Legal process for buying a house

The legal process for buying a house explained (England and Wales) Buyers Solicitor Action Sellers Solicitor Seller instructs Estate Agent to Market Property Sale negotiated via agent Buyers makes Price agreed and offer accepted mortgage application Memorandum of Buyers solicitor Sellers solicitor sale written and instructed instructed solicitors instructed Contracts Draft sale contracts prepared checked and presented Searches Enquiries Enquiries raised requested answered Signatures and Lender and deposit requested client updated prior to.. Exchange of Both sides now legally contracts committed to sale/purchase Mortgage funds Draft transfer Transfer requested prepared approved Funds Completion transferred Post Transfer and completion work Keys released title deeds sent Pay stamp duty/land registration SALE COMPLETE A MORTGAGE NOW.co.uk Mortgage offered Mortgage application process POST EXCHANGE PRE EXCHANGE PRE SALE

Legal process for buying a house

shared by LawrenceAMN on Aug 13
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Our graphic outlines steps of the legal process when buying a house. What each set of solicitors do at each stage.

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