Easter is historically a time of year when a surge of new properties come onto the market, with buyers and sellers keen to move before the summer holidays.
To help speed up the conveyancing process and make the transaction as smooth and stress-free as possible, we have prepared the following guide. We hope you will find this useful if you are planning to sell your home:-
1. There are certain documents relating to your property that your buyer’s Solicitor will always want to see. It is therefore a good idea to try to ensure that all of these are available before you find a buyer. This will avoid delay during the transaction while copies are obtained from third parties. These documents include: Planning Permissions or Building Regulations Completion Certificates for building or structural work you have carried out; FENSA Certificates for new windows or glazing; Guarantees for cavity wall or loft insulation; NICEIC Certificates for electrical works; or Gas Safety Certificates from registered CORGI engineers for installations to your gas supply.
2. If you know which Solicitor you would like to instruct, it is best to speak to them before you find a buyer. A proactive Solicitor can send you Property Information Forms to complete in advance, so that you can pass them back to your Solicitor as soon as a buyer is found. This will enable your Solicitor to forward Contract papers to your buyer’s Solicitor without delay. The Forms will also guide you on the documents you will need to provide, described above.
3. You should ensure that all questions on the Property Information Forms are answered. If there are any questions you are uncertain about, your Solicitor can help you provide the correct information. If the Forms are sent to your buyer's Solicitor with unanswered questions, at a later stage of the transaction your buyer’s Solicitor will only refer these back to you and ask that replies be provided.
4. Choosing a local Solicitor can often be beneficial. Their knowledge of the area could save you time and money compared with firms outside the area, who may need to make enquiries in respect of matters already known locally. It can also give you peace of mind knowing you can call in to see your Solicitor during your transaction and build a lasting business relationship with someone you know.
5. Solicitors who are members of the Law Society's Conveyancing Quality Scheme have passed rigorous quality assessments and adhere to prudent and efficient conveyancing procedures. Instructing members of the Scheme can assist with the smooth running of your transaction. DGR Law are proud to have been awarded accreditation and membership of the Scheme.
6. There are often time constraints to property sales and transactions concluded swiftly and efficiently are unarguably most favourable. It can, however, be counterproductive to set deadlines for exchange and completion that are not absolutely essential as unworkable timescales can needlessly cause an increase in stress levels and discourage your buyer.
DGR Law are committed to providing our clients with a high quality, professional and consistent service. If you have any questions or would like any further information, please contact David Goldsmith who is the Partner responsible for Property, Wills and Probate at DGR Law Solicitors, Marlborough at david@dgrlaw.co.uk or on 01672-511797.
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