Sales Process

Valuation / instruction / agree asking price / Order HIP

Agree particulars, appoint solicitor (preferably)

Vendor will need to assist in compiling info in particular:

• Sale statement (description of property) & property info (protocol) forms
• Leases, maintenance arrangements, registered plans & title deeds
• Standard searches will be carried out & a domestic energy assessor visit

Vendor makes suggested cosmetic changes if agreeable

Once proof of HIP order & particulars agreed, staff view

We hit the phones, advertise on ALL major websites

Viewing leads to offer

Purchaser	Agent	Vendor
Offer	Negotiate and agree terms	Acceptance
Instruct solicitor, submit mortgage application with cheque for survey	Memorandum of sale to all parties (offer details & contacts for all parties)	Instruct solicitor & complete property forms if not done before
Mortgage lender requests survey	Keep the ball rolling, make regular contact with both solicitors, surveyor, vendor & purchaser, arrange survey, check chain	Solicitor sends forms & answers other enquiries for buyer’s solicitor
Solicitor & surveyor may make further enquiries & request specialist reports
Solicitors approve contract	Agree exchange & completion dates (varies but most commonly 2 weeks after exchange)	Solicitors approve contract
Finalise & sign up to finances, send deposit to solicitor
Sign & return contract	Send fee invoice	Sign & return contract
Instruct solicitor to exchange		Instruct solicitor to exchange
EXCHANGE	EXCHANGE	EXCHANGE
COMPLETION	COMPLETION	COMPLETION
Open door, open champagne	Keys handed over, job done!	Open bank statement, open champagne

*Note this is only a rough guide – some timings may be different & some steps are not compulsory. It is perfectly normal for the entire process to last 3 months.