Partridge and Wilson

Bury St Edmunds


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PARTRIDGE & WILSON
——— SOLICITORS ———

PROPERTY SALE

Below is a broad outline of the work which would be undertaken on your behalf showing the chronological stages of the transaction.

  1. We will obtain your Deeds from your building society, and ask you to complete a Property Information Form together with a Fixtures, Fittings and Contents Form. We will prepare a contract to send to your purchaser’s solicitor together with any supporting documentation.
  2. With your assistance, we will answer any questions raised by the purchaser’s solicitors.  These are usually raised once the purchaser’s solicitor is in receipt of the results of the searches carried out on the buyer’s behalf.
  3. As soon as all enquiries raised have been satisfactorily dealt with, we will negotiate a mutually acceptable date for completion between the parties.
  4. On your instruction, we will then exchange contracts.  Once contracts are exchanged both you and your purchaser are legally committed to proceed and cannot withdraw, without penalty.
  5. Before completion;
    We will ask you to sign the transfer deed which must be in our possession prior to completion. 
    We will obtain redemption figures, calculated to the date of completion, on all the secured loans and mortgages on the property and provide you with a completion statement, which will include the estate agent’s commission account and our legal fees, all of which need to be settled on the day of completion.
    We will need to know where the keys to the property are on the day of completion in order to release them once the purchase money is received.
  6. On the day of completion, you must vacate the property, which means you must remove all items from the property, this includes clearing the loft, garage, and garden shed.  The only items left must be those which you have agreed will be left with the purchaser.
   

Patridge & Wilson Solicitors
88 Guildhall Street
Bury St Edmunds
SUFFOLK IP33 1PT
Telephone: 01284 762281
Facsimile: 01284 761214
DX57201 Bury St Edmunds
Email: bse@partridgeandwilson.co.uk
Office hours (weekdays):
9.00 am to 5.30 pm