1. Have a Good Idea Regarding the Conveyancing Process
The conveyancing process is quite complicated. You have to go through so many stages in
this process. However, you need to stay conscious and make things proper to have the best
property deal. You need to well go through all the stages and the process should be completed
with utmost care and attention. Completing this process is quite pathetic. You have to go
through lots of stress and exhaustion to make things happen for the best. The process includes
ten complete steps and it is time for you to know about them well. After you accept a property
offer the solicitor is to receive a confirmation from the estate agent after which the seller’s
solicitor is asked to present with a draft contract. After the solicitor gets the draft contract in
hand he will look for regular clauses and flaws within the contract.
There is a need to thoroughly go through all the mentioned clauses and details of the deed. This
will also help in deciding the things you need to include within the sales structure. However,
your solicitor also needs to talk with the local authority order to know about developments taking
place close to the property being sold. This has much to do in fixing the price of the property.
After the survey results have been declared and the contract gets approved you must have a
plan for exchanging the contracts. After all the necessary documents are signed and the fiscal
transaction takes place the solicitors of both the parties would agree that the contracts have
already been exchanged.
Then a date will be mentioned on the contract regarding the completion of the process. Copies
of the contract along with the deposit amount are aptly exchanged among the parties. However,
the solicitor will not stop here. He will carry out further investigations to know that the seller is
not running short of cash and that all the details of the property are absolutely right. If you want
to take mortgage for the new property the solicitor will even help you out with this. Everything
here takes place on the basis of a mutual cooperation and in this way the conveyancing process
is finally completed.
Reference Document:
https://docs.google.com/document/d/1raXa5rR1T_UJnWQaVZzfRht1OClGUnMtE-XAkRdxpXQ/
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