The buying, selling and conveyancing process involves the following stages

  1. Offer accepted and purchaser agree
  2. Agents will check mortgage and chain
  3. Buyers and sellers appoint solicitors and confirm instructions to act for them
  4. Purchasers needing a mortgage or loan complete an application and pay survey fee
  5. Seller’s agents issue Memorandums of sale to show details of all parties and their solicitors
  6. Seller’s solicitors will request title deeds usually from bank or building society
  7. Seller’s solicitors issues draft contract to buyer’s solicitors
  8. Buyer’s solicitors will carry out a range of searches to check there are no risks for buyers
  9. Buyer’s solicitors will raise enquiries about details of the property
  10. Where a mortgage is involved a survey will be done and a mortgage offer issued by Bank or Building society
  11. A detailed contract is agreed and signed by both parties
  12. Purchasers will have to provide solicitors with a deposit before contracts can be exchanged
  13. All parties need to agree on a date for moving or legal completion
  14. Contracts exchanged, which is a legal commitment to purchase and sell.
  15. Completion day … the end and the beginning.