If you’re buying or selling a house, we know you want it to go as quickly and smoothly as possible. Here are our top tips for making that happen. Key to moving the transaction along as quickly as possible is for all parties to respond to requests for information or action right away.
Tips for buyers
- Have your conveyancer’s details ready to give the agent when making an offer.
- Make sure you understand the process – your solicitor or conveyancer should have a simple document outlining what happens when – then you know what you might need to chase up.
- Provide your conveyancer with everything they need as soon as they ask for it and make sure your initial cheque to cover searches is lodged with them.
- Choose a recommended mortgage broker who is experienced at expediting mortgage offers
- Instruct an independent survey to be carried out as soon as possible.
- Ensure your deposit funds are easily accessible and with your solicitor or conveyancer as soon as exchange is on the horizon.
- Organise buildings insurance for the date of exchange so you can give the policy details to your legal company.
Tips for sellers
- Prior to your property coming to market, start putting together all receipts and warranties for work you’ve carried out and any formal documentation relating to home improvements, such as building regulations and gas and electrical certification.
- Instruct a solicitor or conveyancer before you’ve even had an offer, so they can contact your mortgage lender for the title deeds and start preparing the sale contract, ready to send out as soon as you secure a buyer.
- Understanding the conveyancing process will reduce stress and enable you to be more proactive.
- Complete property information and fixtures and fitting forms as soon as you receive them.
- Respond to additional enquiries by return.
- Sign and return the contract and deed of transfer in good time.
What will Watsons be doing during all this?
- We will be progressing the sale, i.e. liaising with all parties to make sure each stage of the transaction is happening, as it should be.
- Because the buyer and seller can’t speak to each other’s conveyancer, it’s important for us to be able to keep them updated and reassured.
- We may also help with negotiations if any problems arise, such as survey results that require a renegotiation of the price.
