What are the steps in a purchase transaction? Sarah Ebling one of our helpful conveyancing assistants has summarised the main points when you are purchasing a property.
Once your offer has been accepted and we have received your initial paperwork, we will then receive and review the Contract pack received from the seller’s solicitor and raise enquiries. At this point we shall request searches.
The next step is then to send you our report which will explain our enquiries, the title paperwork and the search results to you.
Exchange takes place once we hold your signed documents and you have confirmed that you are happy with the contents of our report. This fixes a date for completion, and you can then make any removal arrangements at this point.
Finally we complete your purchase, and you may collect the keys from the estate agents once we have confirmed completion with you on the day.