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Freehold Residential Sales

How long will my house sale take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 6 -12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you your buyer is a first-time buyer, purchasing with a mortgage in principle.  We will of course keep you advised of progress throughout the transaction.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Contact your estate agent
  • Contact the buyers Solicitors
  • Check the title documents of the property you are selling
  • Deal with any questions raised by the buyers Solicitors
  • Approve the transfer deed to the buyer(s)
  • Arrange with you for the signature of the transfer documents
  • Agree a completion date
  • Exchange contracts with your consent
  • Prepare a financial statement showing you the distribution of funds
  • Complete the transaction
  • Deal with post completion matter and distribute the proceeds of sale in accordance with your instructions.

How much will it cost?

Our fees cover all of the work required to complete the sale of your home.

If we assume you are selling a freehold property in Market Weighton with no mortgage for £150,000.00 the fees would be estimated as follows:

Our costs

  • Legal fee £600.00 plus VAT

Disbursements

  • HM Land Registry Office Copy Entries (1 Title Document and 1 Title Plan) - £7.20
  • Electronic money transfer fee estimated at £15.00 per transaction

Estimated total: £600.00 plus VAT plus Disbursements.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees, Search Fees etc. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Please understand there may well be additional disbursements that we cannot predict.  If there are other fees to pay we will inform you.