So, you’ve decided to sell your home. Whatever the reason – be it upsizing, downsizing, or moving out of the area completely – selling a property can be a challenging – but rewarding – undertaking.
At Brookings, we’re supporting first-time sellers by highlighting everything you need to know about making the sale, from valuation and marketing to mortgages and legal work.
Why do I need a conveyancer?
Having already used a conveyancer to purchase your property, you may question the need to go through the legal process again. But the truth is, selling a property is just as complex as buying one.
Here’s what your conveyancer can do for you…
Check the identity of the buyer
While property fraud is a leading cause of financial loss in the UK, your conveyancer could be the person to identify a scam before it is too late. Under anti-money laundering regulations, your solicitor is required to carry out a full and thorough check on the buyer (and their conveyancer), such as where they are from, what they do for a living and how they are financing the purchase.
Contract work
A property transaction isn’t as simple as handing over the keys in exchange for a heap of cash. There will be documentation to sign, papers to file, and forms to complete – and lots of them. Your conveyancer will make sure you have your ‘house in order’ so you don’t miss a thing on the day of sale.
Negotiation
You may think the negotiation has ended when the offer has been accepted and legal proceedings begin, but you may be wrong. Seemingly simple household fixtures and contents, such as curtains and white goods, can be bartered for, while damage or concerns highlighted by the property survey could potentially reduce the value of your property. Your solicitor will help oversee this process and resolve any issues quickly and efficiently.
How can I find a trusted conveyancer?
Brookings can put you in touch with an approved and reliable conveyancer to help your property sale run smoothly.
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For help and advice on the entire home moving process, please get in touch with our expert team today.