We work with solicitors every day and so we are in a good position to recommend a reliable and competitively priced firm. We can even instruct them in a matter of minutes so that you have the peace of mind that you have someone ready to act for you as soon as you are ready to proceed.
When buying a new home, your solicitor will be able to arrange the following for you:-
Contact the seller's solicitor
They will contact the seller's solicitor who will give them a draft contract
and other items requested, which usually includes the fixtures and fittings.
Searches
They will make various
searches, including enquiries with the local authority. These can help to reveal
any planning issues affecting the property. Your solicitor
will also carry out flooding, mining and contaminated land searches if necessary.
Sign the contract
They
will report back to you on all the investigations they have made and if you
are happy to proceed with the purchase they will finalise the terms
of
the contract and explain these to you. You will then need to sign the contract.
Exchange contracts
They will require your deposit to exchange contracts on
a purchase (not applicable on a remortgage). If you are also selling a property
they are likely
to collect
the deposit from your purchasers.
Completion
Completion is the
final stage in the conveyancing process when your solicitor receives funds
from the lender, repays any existing mortgage or loan
that may be a condition of your mortgage offer, pays the stamp duty and any
other
fees
due, transfers the purchase
funds to the seller's solicitor, and ensures that keys to the property
are made available once completion takes place.
01179 406659
Complete Mortgage Solutions is a trading name of CMS (Bristol) Limited, which is an appointed representative of Mortgage Advice ureau Limited which is authorised and regulated by the Financial Services Authority for advising on and arranging mortgages and insurance.
CMS (Bristol) Limited. Registered Office: 35 Church Road, Bishopsworth, Bristol BS13 8JL Registered in England Number: 3474693