FirstTimeBuyers.co.uk
First time buyer mortgages and information

Login....

More:
» Process in England, Wales & NI » Process in Scotland

Conveyancing

Conveyancing covers things like checking legal documents relating to ownership of the property and making local authority searches to find out if there are any plans in the pipeline that would adversely affect the property and its value.

Once the written negotiations (missives) have been completed, your solicitor will arrange for further checks on the property, including a Local Authority search, negotiation of the disposition, examining title deeds.

CONTRACT

Following your solicitors's examination of all the documents they will provide a report to you with recommendations.

Finally, once the conditions of sale have been agreed upon, the contract is drawn up.

At this stage both parties are now bound by the terms of the contract - made up of the offer, the Qualified Acceptance and subsequent formal letters.

Step 11
»
Settlement

Copyright © 2009
FirstTimeBuyers.co.uk -
First Time Buyers