Personal Law > Residential property > Freehold Sale

Freehold Sale

Our fees cover all the work* required to complete the sale of your property including the stages of the process listed below.

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Our costs are dependent on the property value and the complexity of the transaction. CLICK HERE to view our range of fees.

Office Copies- Each individual document downloaded from Land Registry is charged at £11.00. Therefore, if the property has 2 Titles, a Lease, Transfer documents etc listed, these will also need to be downloaded and will incur extra charges. REFERAL FEES – on some transactions a referral fee will be payable to the party who has referred you to us. This will be deducted from our fees and will be of no additional cost to you. *Our fees assume that: This is a standard transaction and no unforeseen matters arise including for example (but not limited to): a defect in title which requires remedying prior to completion b part of the property being unregistered c building regulations or planning permissions having not been obtained; d crucial documents we have requested from you not being provided; or e a requirement for the preparation of additional documents ancillary to the main transaction. 2. The transaction is concluded in a timely manner and no unforeseen complications arise. 3. All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation. 4. No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Stages of the process

The stages involved in the sale of a residential property vary according to the circumstances. However, below we have listed some key stages:

  • Take your instructions and give you initial advice

  • Download the Title and documents from Land Registry

  • Draft the Contract documentation

  • Check whether there is a mortgage to pay off and request any redemption figures from the lender

  • Await enquiries and deal with the same

  • Give you advice on signing the contract documentation

  • Provide a completion statement

  • Agree a completion date (the date from which you no longer own the property)

  • Exchange Contracts and notify you that this has happened

After completion

  • Complete the sale

Pay off any mortgages and transfer the balance monies to you

The Legal Choices Webpage gives further information regarding the house buying and selling process

https://www.legalchoices.org.uk/legal-choices/got-a-legal-issue/houses/im-buying-or-selling-a-house/

TESTIMONIAL

"Was incredible and the sale was completed quickly with great comms throughout!"

David

Frequently Asked Questions

This type of transaction usually takes around 10-12 weeks to complete due to the fact that the purchasers solicitors must be satisfied with the Contract, Title, any mortgage offers and additional searches before they will be in a position to complete. It can be quicker or slower, depending on the parties in the chain. For example, if you are selling an empty property, with nothing further to buy and your purchaser isn’t having a mortgage or searches, it could take 4-6 weeks.

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