Below are frequently asked questions which arise during the selling and buying process and which may be of assistance to you if you are embarking on such a transaction, particularly if you are doing this for the first time.

We hope this guide helps you to follow the steps involved in the conveyancing process. If you have any questions please do not hesitate to contact us and discuss your requirements with one of our conveyancing team. At various stages during the transaction we will need to discuss matters with you and take your instructions on various aspects of your proposed sale and/or purchase so will be in regular contact with you.

Where do I start?

How do I sell the property?

What conveyancing costs will I incur?

When should I instruct Seldons?

What happens when I have agreed to sell my property?

What happens next?

What goes in the contract?

What happens after that ?

What is exchange of contracts?

What happens next?

What happens on completion day?

Is that it finished?

Where and what should I buy?

How do I know how much to pay for my new property?

I have found a property and agreed a price - what do I do next?

What conveyancing costs will I incur?

Do I need a mortgage?

When do I have the property surveyed?

What will be in the contract package?

Meanwhile, on your behalf ………

When do I pay the deposit?

What is exchange of contracts?

What happens between exchange and completion?

…And on completion day…

We transfer the balance purchase money by bank telegraphic transfer to the seller’s solicitors. Upon receipt of this money the seller’s solicitors will release the keys to the property to you.

Vacant possession is given when the property is empty and the keys are handed over. There can sometimes be a hold up when there is a chain of transactions as a seller, not unreasonably, will not hand over the keys until the money has been received and the buyer can insist that they money is not paid until the house is empty and the keys are ready to be handed over.

In practice though, sellers aim to be out of the property they are selling by lunchtime on completion day allowing the buyer to move in during the afternoon.

After completion of your purchase ….