Before exchange of contracts your solicitor will:-
- Check the draft contract submitted by the seller's solicitor
- Submit questions about the property to the seller's solicitor
- Submit searches to the local authority and the local water board to check matters such as planning permission and services affecting the property
- Go through the contract and the responses to the questions and searches with you
- Prepare the transfer deed and send it to the seller's solicitor for approval
- Ask the seller's solicitor questions about the seller's title to the property
- Ask you to sign the approved transfer deed and then send it to the seller's solicitor
- Check you have your written mortgage offer in place
- Agree with you and the seller's solicitor a date for completion of the purchase
- Ask you to sign the contract.
After exchange of contracts your solicitor will:-
- On behalf of your lender carry out a search to check you are not bankrupt
- Carry out a search at the Land Registry to check no entries have been made on the Register since the seller's solicitor obtained copies of the entries
- Apply to your lender for your mortgage advance
- Ask you for any further funds required to complete the purchase
- Complete the purchase
After completion your solicitor will:-
- Pay your stamp duty
- Register your purchase at the Land Registry
- Send the deeds to your Lender once registration is completed
- Send you a copy of your title as registered with the Land Registry together with any relevant documents your lender does not wish to store
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