Buying a property can be an exciting prospect, and a costly one too. Here at Maddersons, we endeavour to process your purchase as quickly as possible to minimise stress and worry.

To make you feel more comfortable with the steps involved when purchasing a property, we have outlined the process below: -

Once your offer has been accepted by the Sellers of a property, it is essential that you instruct a Conveyancer. If a mortgage is necessary, you should also obtain this as soon as possible in order to avoid delaying the transaction at a later date.

Once instructed, we will obtain the Estate Agents Memorandum of Sale, as well as obtaining the draft contract and all other information relevant to the transaction. We will then make various enquiries and carry out the relevant searches to ensure that there will not be any problems with your proposed property once contracts are exchanged.

Once replies to enquiries are received, along with the results of the searches, a contract report is completed, detailing all the information we have found. This is then sent to you before you agree to exchange contracts. Please note that, once contracts are exchanged, the transaction becomes a legally binding contract so this is, essentially, the “point of no return”.

After exchange of contracts, we will arrange for your mortgage monies to be available for the date of completion. At this stage, we also make further enquiries to the Seller’s Solicitor and carry out any further searches.

On the date of Completion, which is the day you acquire your new home, we can ensure prompt payment of your mortgage monies to the Seller’s Solicitor and obtain documents to prove Title to the property. Thereafter, we ensure that the property is registered to you at HM Land Registry and deal with any relevant Stamp Duty payable.

After conclusion of the transaction, we will send you the Deeds to your new property.

Throughout your transaction, our staff will deal with any queries proposed by the Estate Agents and/or Seller’s Solicitors, with minimal stress or hassle to you. Our staff are always happy to assist and are only a phone call away if you have any queries you would like to discuss with them.

Please contact our Conveyancing Department today for a quote.