This video describes what you can expect from your solicitors and what they do when you buy a house.
You’ve made an offer on a house and had that offer accepted. The estate agent tells you that you need to find a solicitor… But what can you expect next?
Here at Kerseys in Ipswich, Suffolk, we want to demystify the house-buying process for you.
Kerseys offer a professional, personal service for conveyancing in Ipswich, Sufolk and Colchester, Essex.
Transcript of Kerseys – 7 Steps to Moving House Video
Hello, my name is Janet Raeburn and I’m a solicitor here at Kerseys in Ipswich.
At Kerseys we have been carrying out conveyancing for over one hundred years.
Our experienced team are here to help, whether you’re a first time buyer, moving house or re-mortgaging.
So, you’ve found a property, agreed a price and applied for a mortgage. What happens next?
Let me take you through the seven steps of moving house.
Step 1. First, be clear on the legal costs involved. This includes Land Registry fees, stamp duty and search fees.
Step 2. We would then investigate the title to the property and carry out searches – including of the local authority, environmental and drainage.
Step 3. Consider arranging a survey of the property. We recommend a RICS Homebuyer survey rather just the valuation report from your mortgage lender.
Step 4. We would then ask you to sign a contract once your mortgage offer has been received and any outstanding issues are resolved. There are various other documents to sign, such as the mortgage deed and a stamp duty land tax return.
Step 5. We can exchange contracts and agree a completion date once everyone in the chain is ready. Completion is usually a week or two after exchange.
Step 6. We then ask you to transfer money, ready for completion.
Step 7. Finally, we would transfer the money to the seller’s solicitors on completion day. You can then collect your keys and move in.
It usually takes about six to eight weeks from your offer being accepted to completion. But this is only a guide, as it depends on everyone in the chain being ready.
At Kerseys, we provide a speedy and professional service.
For a free quotation, call us on 01473 213 311. We wish you all the best with your house buying and look forward to hearing from you.