A guide to selling a Property

We aim to make the Conveyancing process as stress-free as possible. Selling your property,

especially if you are also buying another property at the same time can be a complex and stressful

matter. We have helped thousands of clients sell their homes and we have the knowledge and

experience to manage any complications which may arise.

Instructing Taylor Bracewell to act in the sale of your property means you have access to a wealth of

knowledge and experience, making the process as smooth as possible.

To give you an insight into the sale process here are some but not all of the major

milestones.

Contract Issued

Once you have returned your initialpaperwork and a sales memorandum hasbeen received from your Estate Agent (ifany), the contract pack will be issued to thebuyer’s lawyer.

The contract pack will contain copies of theLand Registry documents together with thepaperwork that you have completed at stageone. This enables the buyer’s lawyers toreview matters and report to the buyer.

Instruct

When you choose Taylor Bracewell to actfor you on your sale, your lawyer willsend out all the essential documents atthe outset.

These documents will contain forms andquestionnaires relating to you and yourproperty.

It is vital that as much information issupplied at this stage so that the processcan run as smoothly as possible.

If you have any queries on thesedocuments please contact us. We arehappy to talk through any difficulties.

Signing Legal Documents

Once all legal documentation has been approved,your lawyer will make arrangements for these tobe signed by you.

Our lawyers are always happy to arrange a timefor you to attend our offices in Doncaster orSheffield to sign all relevant documentation oralternatively, they can be sent to you in the post.

Legal Enquiries

When the buyer’s lawyer has reviewedthe contract pack they will raise any legalenquiries relating to the property. Yourlawyer will liaise with you to answer thequestions raised as quickly as possible.

If your purchaser commissions a surveyand property searches then their lawyermay also raise enquiries relating to theseresults. Wherever possible we will tryand provide substantive responseswithout the need to discuss these withyou. However, sometimes the enquirymay require your personal knowledge,and our lawyer's will discuss these withyou and prepare replies according to yourinstructions.

Exchange of Contracts

Once you have signed all your documentation and returned them to your lawyer, we will then be ina position to proceed to exchange the contracts.

The exchange of contracts is the stage when the sale becomes binding, and should you or thepurchaser withdraw from the transaction following exchange of the contracts, there would besubstantial financial penalties.

A completion date must be agreed upon exchange of contracts, and your lawyer will discuss yourrequirements for the move date before the exchange. Both you and the buyer must agree to thecompletion date. We will work with you to obtain a completion date as quickly as possible.

If you are selling and buying a property, then your lawyer will ensure that your sale and purchasecontracts are exchanged at the same time, so that your sale and purchase complete on the sameday.

Completion

Your moving date!

Completion is the formal terminology used for the moving date. On the day of completion, the

buyer’s lawyer will forward the sale funds to Taylor Bracewell. When the monies have been received

from the buyer’s lawyer, the sale is formally completed! This is when the keys can be passed to your

estate agents or directly to your buyer. If you are also purchasing a property, we will then complete

your purchase. Take a look at our purchasing a property guide to see the formalities of the purchase

transactions.

Although the above gives you an insight into the main milestones in a residential sale, there are still

numerous matters which we have to undertake in the background, to ensure that the sale completes

as smoothly as possible.

We are happy to discuss any part of the process with you as matters progress, so do not hesitate to

give us a call.

Taylor Bracewell can also help you with the following legal issues:

Commercial Property Family Law

Employment lawDisputes

Medical Negligence Personal Injury Claims

Business/Company LawBusiness Disputes

Charities Wills, Probate and Trusts

Asset Protection Inheritance Tax Planning

Powers of Attorney and Court of Protection

Our Property team can help you with any of the following property matters:

- Buying a Property - Selling a Property - Remortgaging a property - Buy to Let properties- New Build properties - Help to Buy Equity Loans - Equity Release- Transfer of Equity- First Registrations of Title- Shared Ownership- Purchasing your freehold- Extending a Lease- Providing Independent legal advice

Taylor Bracewell Solicitors is a dynamic and forward thinking legal firm with officesin Doncaster and Sheffield. We are passionate about providing individual service andconnecting with out clients on a one to one basis. This enables us to fully understandour clients' legal needs and deliver exceptional value in all our services.

Contact Us

Doncaster Office 01302 341 414

17-23 Thorne Road, DN1 2RP

1 Railway Court, Ten Pound Walk, Doncaster. DN4 5FB

Sheffield Office0114 272 1884

11 Paradise Square, SheffieldS1 2DE

www.taylorbracewell.co.uk