Property Sales


Williamsons Solicitors have a team of lawyers and conveyancing specialists. We guarantee that the transfer of property ownership between seller and buyer is dealt with in a safe, speedy, efficient and cost effective manner.

Once a buyer has been found we will guide you through a three stage legal process.

Stage 1: Pre-contract stage

The initial part of the conveyancing transaction is inevitably the longest stage of the whole process, as the majority of legal work is involved at this time.

• Firstly you must instruct us to begin work. You should do this as soon as a buyer is found to avoid delay. Details about the sale will be obtained from you. You will need to supply original forms of identity to meet with strict money laundering requirements and asked to complete various forms, which provide basic details about the property being sold. If there is a mortgage on the property you will also be asked to supply your mortgage account details.





• Your estate agent will forward us details of your buyer’s legal representative. If you do not have an estate agent, you must supply us with contact details for your buyer and which firm of solicitors will be acting.





• We will check your title deeds and prepare draft contracts. The contract will state the land being sold and on what terms you are prepared to sell. These documents will be sent to your buyer’s solicitor for consideration and approval.
  
  

• Your buyer’s solicitor will raise enquires in relation to your property, which must be answered to their satisfaction.

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Stage 2: Post contract (pre-completion stage)

• Only when the seller and buyer are ready to commit to the transaction will contracts be exchanged. Exchange of contracts confirms what the parties must do (i.e. how much must be paid and when). It marks the stage at which the contract becomes legally binding, ensuring that neither party can withdraw without incurring penalties.





• The transfer deed will be forwarded to you once received from the buyer’s solicitor. Whilst the contract states what the parties must do, the transfer deed carries it out, activating the contract and bringing it to life.

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Stage 3: Post completion stage

This is the ‘tidying up of loose ends stage’.

• Completion occurs when all the terms of the contract have been satisfied. Basically, the money is received from the buyer(s) solicitor, any existing mortgage/secured loan(s) repaid and the keys for the property released to the buyer.





• You must vacate the property on or before the day of completion and ensure that the property is cleared of all personal possessions other than those included in the sale.





• The keys to the property must be handed to the buyer directly or via the estate agent once instructed to do so.





• The transfer deed is dated and forwarded to the buyer’s solicitor with the deeds enabling the ownership of the dwelling to change hands.

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