Basis of Fee Estimate
Our fee estimate assumes that:
- this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction;
- the property is currently held under a single freehold/leasehold title at the Land Registry;
- if leasehold, this is the assignment of an existing lease and is not the grant of a new lease;
- one contract is submitted to one seller;
- the sale will be on the basis of an unconditional contract and the property is sold with vacant possession;
- the transaction is concluded in a timely manner, no unforeseen complications arise and completion takes place on the date agreed in the contract;
- all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation; and
- no indemnity policies are required – additional disbursements may apply if indemnity policies are required.
If it becomes apparent that there are unforeseen circumstances in connection with the sale we may have to increase our charges. If that is the case, we shall inform you before we incur any additional costs.
Who will be working on my property sale?
We have highly experienced conveyancing solicitors in all 6 offices – use our search tool to find a solicitor to advise you further.
How long will my property sale take?
The time it takes from you accepting an offer until completion of the sale will depend on a number of factors. The average process takes between 12 and 16 weeks.
Stages of the process
The stages in the sale of a residential property vary according to circumstances. The key steps we usually take when acting for the seller are as follows:
- Take your instructions and give you initial advice.
- Respond to pre-contract enquiries made by the buyer’s solicitor.
- Obtain further planning documentation if required.
- Agree completion date.
- Negotiate a sale contract and send to you for signature.
- Negotiate a transfer document and send to you for signature.
- Exchange contracts and notify you that this has happened.
- Complete sale, receiving funds from buyer’s solicitors and transferring them by telegraphic transfer to you.