Key stages of buying and selling property

The process of buying a residential property is different to what happens if you are selling. However, both will require form-filling and a lot goes on behind the scenes. When contracts are exchanged, whether you are buying or selling, you are legally bound to continue.

On a freehold transaction, we anticipate exchange of contracts to take 10-12 weeks on average from the receipt (or issue) of the contract papers.  If the property is leasehold, this may take slightly longer, as we may need the cooperation of landlords and management companies.

Buying a property

1. Apply for a mortgage and organise a survey
2. Draft contract bundle and legal checks
3. Sign mortgage deed
4. Read full report and sign contract
5. Exchange contracts
6. Completion statement, deposit and mortgage funds
7. Ensure transfer deed is signed
8. Completion

Read more about buying a property.

Selling a property

1. Locate the property deeds
2. Complete forms and provide ID
3. Draft contract bundle
4. Sign contract
5. Exchange contracts
6. Redemption figure
7. Sign transfer deed
8. Completion

Read more about selling a property.

Why choose Napthens?

When you are buying or selling a property, the right conveyancer can make all the difference. Our  property specialists lend you the support and plain-English advice you’d expect from a quality law firm, plus a level of due diligence that keeps your interests front and centre.

• 24/7 online access
• Experienced and diligent
• Dedicated case conveyancer
• Conveyancing Association member

How long does it take to buy or sell property?

Most property transactions can be completed within 10-12 weeks; some leasehold sales and purchases may take slightly longer. However, every residential property transaction is different; the variables include the length of the property chain and the time taken to obtain mortgage offers, search results and surveys.

How much does it cost to buy or sell property?

We charge all clients fees based on a scale according to property price and a few other factors. If you can give us some basic information, we will be able to provide you with a quote.

Please note, there are some instances where an estimate can go up or down; we will tell you more about this when we respond to your enquiry.

Read more about getting a quote for residential property conveyancing.

Why choose Napthens?

• 24/7 online access
• Experienced and diligent
• Dedicated case conveyancer
• Conveyancing Association member