Buying and selling property can be hugely exciting but it can also be frustrating. Colin Cattermole, from local estate agent HIVE and Partners, explains how to make your property transaction a successful one.
Once a sale or purchase is in the hands of a solicitor, what is expected of you?
The conveyancing process begins with a detailed questionnaire about your property; any work carried out, property boundaries, and what is included in the sale. Once complete, this forms part of a contract pack alongside the title documents provided to the buyer’s solicitor. On the purchase you will be asked for ID and formal instructions from your solicitor, who will apply to the Local Authority for searches and review the information provided by the seller. If the property is leasehold, your solicitor will review the lease and management information provided by the freeholder.
At HIVE, we only employ the very best agents, not only are they brilliant at selling property but they are also experts in ensuring your sale/purchase goes through smoothly. We are on hand to guide and direct your property transaction to a successful conclusion and to get you moved.
How can you expect your estate agent to help during the legal process?
Many estate agents believe that their job is finished once you have accepted an offer, but this is where HIVE really come into their own. Rather than allowing a sale to drift along, they will continue to communicate with all parties, unblocking issues up and down the chain, and working to the critical point of an exchange of contracts, when your date for completion can be set. If you are selling through HIVE, we give you access to our unique HIVE portal, which keeps you updated on key milestones within your sale. You have 24/7 visibility of your transaction, giving you complete assurance that matters are being dealt with in a swift and professional manner.
As a guide, how long does the legal process take? Do you have any tips as you approach moving day?
12-16 weeks, depending on your involvement in a chain. However, it can be quicker. Choosing the right estate agent and solicitor is important if you want to move quickly. Unlike other estate agents, HIVE do not receive a single penny for recommending you to a local solicitor. Over the years we have built relationships with the very best solicitors, and we recommend them due to their reputation and work ethic. HIVE will never compromise quality for a quick buck, and we suggest that if you do buy or sell through another agent, you ask them if they are being renumerated in any way before accepting a recommendation.
Buying and selling property generates a long list of tasks and, as you get closer to the moving date, it is very easy to lose momentum, even for the most organised of people! Finding a professional, experienced removal company will help your moving day go to plan. And don’t forget to notify utility providers, insurance companies, the Royal Mail, as well as friends and family (well those you like anyway!)
CONTACT
T. 01202 122 002
E. sales@hiveandpartners.co.uk
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