The sale of a property is often linked with the purchase of another home, as the sale contributes towards the purchase price of a new property. In this situation, it’s essential that both transactions proceed hand in hand so that the completion of both occurs at the same time.

The True Solicitors conveyancing team is based in Newcastle upon Tyne, however we can assist with your residential property sale if you’re based anywhere in England and Wales.

With the help of our solicitors, the process of selling your property is a relatively straightforward one. The legal steps to selling your home in England and Wales are as follows:

1. Sale Agreement

As soon as you’ve found a buyer for your property, we will be in touch with all the paperwork your buyer’s solicitor is likely to request, including:

• Preparing the Property Information Form and Contents & Fittings List.
• Obtaining the title deeds for the property.
• Prepare the contract of sale.
• Request a settlement figure for your mortgage.
• Work with all necessary parties and arrange a completion date for moving.

2. Exchange Contracts 

After the exchanging of contracts between yourself and the buyer of your property, we will:

• Receive the deposit from the buyer as down payment.
• Sort final accounts and submit a final settlement figure for your approval.
• Collect balance of funds if required.
• Approve the deed of transfer and get you to sign this.

3. Sale Completion 

In order to complete the sale of your property, we will:

• Notify the Land Registry of the transfer of ownership of the property.
• Pay off the mortgage.
• Hand over the property deeds and send any remaining balance to you.

Once you have completed the necessary paperwork, we will review it and discuss any queries that are likely to be raised in order to avoid delays at a later stage. We will then work tirelessly until completion takes place.

In the early stages, we’ll discuss with you your preferred timescales for completion and do whatever we can to ensure they are met.