Your solicitor will legally make sure you purchase the property and will handle the transfer of funds to the vendors solicitor. We will assist the solicitor on a day to day basis and update everyone involved in the sales chain. The solicitor will..
- Apply for local authority searches when they receive the draft contract from the vendors solicitor.
- Report to you whilst highlighting any points within the contract they feel need bringing to your attention.
- Offer the Exchange once a completion date has been agreed by all parties in the chain.
In conjunction with the conveyancing you will need to arrange a survey via your lender. There are three types of survey offered by mortgage lenders, they are; a mortgage valuation, homebuyers report or building survey. The age and condition of the property will generally determine which type of survey you opt for, but we are always on hand if you would like any advice. Once the survey has taken place the mortgage offer will follow, meaning the bank is happy to lend you the funds and you are in now in a position to exchange.