Once negotiations have reached a positive conclusion and you are happy to accept an offer, you will need to instruct a solicitor/conveyancer for your sale and/or purchase if you haven’t already done so.
Once the offer has been agreed upon, we will write to all parties to confirm the agreed price and terms of the offer, as well as send a comprehensive memorandum of sale pack, including property particulars; a fixture and fittings list; an EPC; a chain sheet with all relevant buyers and sellers; and contact details of the solicitors involved; and a guide to selling.
Your solicitor will need a photographic ID from you in order to proceed, and shortly afterwards will send out a draft contract to the buyer’s solicitor, who will carry out preliminary enquiries. At this stage, you’ll also be able to discuss possible dates for the survey on your property, the exchange of contracts and the proposed date for completion.
You will also need to speak with your mortgage/financial broker at this time to ensure that you have your mortgage in place.
Please note: at this stage, you are not under legal obligation to complete the sale.