Should we use a property solicitor commonly used by my agent?
If you choose a conveyancer referred through this route, you the agent can use their influence exert pressure on a solicitor to complete sooner. These referrals should be compared against alternatives, as there is a risk that an agent may choose the firm which pays to the largest referral fee, not the best solicitor for your needs.
Is it easy to sell a house without using an estate agent?
It’s relatively straightforward to sell your own home without involving an estate agent, although you should be warned that it’s a time-consuming process (which is why agents set a certain fee to pay for their time in getting your home sold).
First you need to get a proper valuation of your home, which can be done by paying a chartered surveyor and registered valuer, or you can research the house prices in the area for similar properties to get an idea of how they are selling.
Once you are happy with the price, you can advertise the property (there are several free sites that allow you to do this). Legally, you’re required to obtain an Energy Performance Certificate for the property before putting it up for sale, so you’ll need to organize a registered energy assessor to create this for you. Then you can start arranging viewings and negotiate an agreed price with anyone who is interested.
We would recommend, however, that you sign up with an estate agent as they can do all the leg work for you. The key thing, though, is to understand their fees and rates before signing an agreement with them.
What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
Confused by the jargon in conveyancing? Let Homeward Legal's straightforward and clear service help guide you to as early a completion as possible. Try our online quote generator or call us on 0800 038 6699.
Should I organize a private purchase of items on the Fixtures and Fittings form?
This would be very unwise as the Fixtures and Fittings Form (TA10) forms part of the contract, and it lists all the items that the seller is planning to leave at the property with an agreed price for anything they want money for.
To try to organise a private sale outside of this clear and controlled process may result in difficulties later on in the process, which is precisely why this form is in place. If you want something to remain that’s not listed on the Fixtures and Fittings Form, raise a query through your solicitor so that negotiations may be formally carried out.
Worried about what your responsibilities are in the legal side of your move? Let Homeward Legal help with their experience and low fixed fees. Call our team now on 0800 038 6699.
When in the process do we need to instruct a solicitor in Shotley Bridge?
Whether buying or selling, the sooner you instruct a firm, the better, as there are several tasks which may begin straight away. Early instruction of a solicitor for a purchase may mean that you will the details of your Shotley Bridge solicitor ready when you make an offer, or, if you are selling a property, paperwork can be prepared, even before a buyer is found.
Regarding the widespread flooding in Sept 2012 in North East England I am apprehensive that flood risk searches might not be exacting enough?
The conveyancing solicitor in Shotley Bridge will also get flood risk searches from Landmark if the initial search spots a significant risk Shotley Bridge area flood risk
You may be able to contact a neighbour or local resident for that more local history.