Purchasing a property

Before you find the property you want to purchase, ensure you are comfortable with the various fees you will incur (stamp duty, solicitors, removals costs etc.) and have thoroughly researched the financial options available to you to avoid unnecessary worries at a later stage.
By demonstrating to a potential seller your ability to proceed quickly, any offer you make will be taken seriously and will give you a competitive edge over other purchasers competing for the same property. A guide to how we manage your sale is below.

• Put all offers you make in writing to the vendor’s (seller’s) estate agent, to avoid any later confusion.
• Once an offer is accepted White and Hayward will issue a Memorandum of Sale to all parties.
• The vendor’s solicitor will send out a draft contract to your solicitor, together with various legal documents relating to the property.
• White and Hayward will then keep in contact with your solicitor, mortgage advisor, surveyor and any other parties in the chain on a regular basis to make sure the sale is progressing as it should.
• Once your solicitor has received the signed contract and the deposit of funds, preparation will be made for the exchange of contracts and transfer of ownership with Land Registry from the day of completion.

The above points are a general guide to the legal procedures involved. There may of course be deviations to these depending on various unexpected complications which can and do rise. Solicitors are there to help you, so do not be afraid to speak with them and ask any questions.

For more information, call us on 020 8942 9575