Selling a property

Having obtained a Home Information Pack if selling any property from 14th December 2007 onwards, anyone wishing to sell their property can then market it for sale. Very often this will be done by an estate agent in the locality of the property.

Once the property has been sold the seller's solicitor will send a contract and copies of the title to the property to whoever acts for the buyer. The seller will be expected to complete property information forms (giving details of the property) and a fixtures, fittings and contents form (confirming what is included in the sale price).

The seller may also be asked to answer specific questions about the property raised by the buyer's representative. Once the buyer confirms they are ready to proceed a completion date is set. On that date any current mortgage on the property is paid off and the seller's belongings must be removed from the property so that when the keys to the property are handed over to the buyer nothing is left behind which should not be.

On the completion day the proceeds of the sale after paying all expenses are paid over to the seller.

Jargon buster

Provides explanations in plain English of a number of technical terms that you will encounter in the world of buying or selling a house. Conveyancing jargon buster

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Tom Bridge
Managing Partner of Conveyancing & Probate
T: 01942 774074 (DDI)
F: 01942 774520
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