Selling a house or flat can be one of the most stressful things you’ll ever do. That’s why our expert team of Conveyancers and Conveyancing Solicitors provide a fast, efficient and reliable service making the process of selling your home as quick and pain-free as possible.
Our Conveyancing service is accredited by the Law Society Conveyancing Quality Scheme which is a recognised quality standard for Conveyancing law firms.
Our Conveyancing fees are competitive and transparent. Unlike other Conveyancers and Conveyancing Solicitors we do not have a menu of additional fees to add to the headline Conveyancing fee quoted.
If, due to unforeseen circumstances additional work is required we will advise you of what is required and any additional fee that may be incurred. If there is no additional work, the Conveyancing quote you receive is the Conveyancing fee you pay.
No Sale No Fee Conveyancing Guarantee
We operate a ‘No Sale No Fee’ Conveyancing service which means if you do not exchange and complete on your property purchase or property sale because of adverse search results or issues with the title of the property we will not charge you a legal fee for the work completed to date. You will only be responsible for the disbursements you have incurred, such as paying for property searches. You’ll only be responsible for payment of legal fees if you decide to stop the transaction for other reasons. Payment will be worked out on a percentage basis depending on the amount of work we’ve done for you at that point.
The Process of Selling a House or Flat
Whether you are selling a home and have a related purchase, selling a Probate property or selling a home to move abroad; you have to contend with estate agents, viewings, Conveyancing Solicitors whilst also focusing on packing up the boxes to move.
Time is of the essence as the sale of the property is not legally binding until you exchange contracts. It’s important to choose your Conveyancing Solicitor wisely to ensure matters proceed as soon as possible and you achieve an early exchange date.
When you have decided to sell your house or flat you should consider the following processes:
Set a Selling Price
Research the local property market to see how similar properties are priced, before getting a valuation from different estate agents.
Remember you’re not tied to the price the estate agent comes up with, even if you choose to use their services, and you are free to take what you’ve learnt from all resources to settle on a selling price you’ve chosen. Bear in mind some estate agent’s will try and sell the legal work with their fee. Make sure you know how the fee is split as invariably you could be paying more than necessary.
Home buyers will often try and negotiate a lower price for the property, usually around the 5% to 10% mark, which means it could pay to add this percentage onto your initial asking price.
Instruct an Estate Agent
Not everybody uses an estate agent, choosing to market the property themselves, but there are certain advantages to using an estate agent.
For instance, they have the means to market your house to a wider customer base. And they’re professional negotiators, which will come in handy when a potential buyer decides to haggle.
You can choose a local estate agent, a national agent or even online estate agents. Make sure you research how many properties they have sold in the area, ask how they will market the property and what they will do for you. Don’t instruct the first estate agent who may provide a high valuation only to reduce in later months.
Check the contact , are there any administration fees if you take the property off the market or decide to market with more agents. Is there an exclusivity clause which means you can only sell through one estate agent?
Accept an Offer
The estate agent is obliged by law to pass on every offer made for your property and it’s up to you which offers you choose to reject and accept.
Once you receive an offer that you’re happy to take further, contact your Conveyancer or Conveyancing Solicitor to take care of the necessary legal paperwork. Ensure your Conveyancing Solicitor has obtained an ‘amount owing’ statement from any existing mortgage company. We all need to budget when selling a home, make sure you have sufficient funds to pay off any secured debts before you accept an offer.
Accepting an offer isn’t binding and you’re free to change your mind up until contracts are exchanged. You can also accept an offer subject to conditions.
Prepare Draft Contract and Answer Enquiries
A draft contract will be prepared by your Conveyancing Solicitor and, together with supporting documentation, sent across to the buyer's Solicitor, who’ll check it and reply with any pre-contract enquiries they or the buyer may have.
Your Conveyancing Solicitor will ask and answer these enquiries on your behalf, contacting you if any of the buyer's queries require your consultation.
Renegotiation of Contract or Selling Price
The buyer may choose to have a survey carried out on your property, which means you’ll have to allow a surveyor to access the property. Depending upon their findings, the buyer may request a discount, particularly if the survey reveals issues that will require costly repairs.
You will need to consider carefully if you can afford to reduce the sale price taking into consideration any secured debt. Speak to your Conveyancing Solicitor before you make any decisions to reduce the selling price. Again, you could consider a reduction but with conditions such as an early exchange date which is when the matter will become legally binding.
Your Conveyancing Solicitor will ask for instructions to exchange contracts and an agreement of the proposed completion date, which is when you move. If you are happy to proceed the Conveyancing Solicitor will contact the buyer’s Solicitor and work through the formalities of exchange of contracts. Once exchange of contracts has taken place the property transaction will be legally binding on both parties.
Completion is the day you legally must move out of the property. Once your Conveyancing Solicitor receives all the money from the sale they will let you know the property has been sold and the keys should be handed over. It is usual for the keys to be deposited with the estate agent and your Conveyancing Solicitor will release the keys direct to the buyer once funds have been received.
Your Conveyancing Solicitor will also redeem the existing mortgage on the account, pay the estate agents and send the net sale proceeds to you.
Following completion, the buyer's Solicitor will register the new ownership with the Land Registry.
The Conveyancer’s job is to protect your interests throughout the whole property selling process.
Simpson Millar Manchester office did a fantastic job helping us with the recent sale of our property. Excellent value for money - no hesitations recommending their service. Thanks, Dan.
I've used Simpson Millar previously for a sale and a purchase. This time we were selling and our conveyancer was Jamuna and she was excellent. We felt she was prompt, proactive, hard-working and really easy to talk to. I would and already have recommended Simpson Millar to friends. Matthew.
Simpson Millar Solicitors are a national law firm with over 500 staff and offices in Bristol, Cardiff, Lancaster, Leeds, Liverpool, London and Manchester.