Experienced residential conveyancing solicitors Gateshead and Washington
The process of moving house can be a stressful experience. Whether you are buying or selling your home or an investment property, we can represent you to ensure that the transaction goes as smoothly as possible.
We always work proactively to avoid unnecessary delays. Our conveyancing solicitors will keep you updated as to progress and make sure that you understand what will happen next as well as what you need to do to complete the sale or purchase.
Please see further below for an explanation as to how typical residential property sales and purchases proceed and the work that we would undertake.
“Great experience using John Donkin. Would definitely recommend. Amazing communication and great at answering questions as we are first time buyers! Thank you so much”
Residential property experts
We deal with all types of residential property matters including leasehold properties, newbuilds, transfers of equity, remortgages and auctions.
Our advice will be clear and honest and we will make sure we are available to speak to you as needed to answer any questions you may have.
We understand how important the sale or purchase of your home or investment property is and we will always do all we can to ensure that the matter completes as quickly as possible, working closely with estate agents and your buyer or seller’s solicitor to resolve any issues efficiently.
Our residential conveyancing services
We act for homebuyers and sellers as well as landlords and lenders in a range of transactions, including the following:
- Residential property purchase
- Residential property sale
- Leasehold sale or purchase
- Newbuild sale or purchase
- Buy to let
- Sale of investment properties
- Transfer of equity
- Extending a residential lease
- Shared ownership
- Equity release
Residential property purchase
If you ask us to act for you in your residential purchase, we will start work straight away, requesting title information and a draft contract from your seller’s solicitor. Once this has been received, we will raise enquiries and apply for the necessary searches, such as a local authority search which will reveal issues such as planning information and a drainage search in respect of sewers.
If you are obtaining a mortgage, your mortgage lender will send the offer to us. Once we have satisfactory search results and replies to our enquiries, we will report in full to you, to ensure you are happy to proceed. You will then sign the contract and mortgage deed.
We will discuss completion dates with you and any other parties in the chain and then exchange contracts. You will pay a deposit on exchange and the agreement to buy becomes legally binding at this point. If you are also selling a property, we will tie this in and use the deposit received on your sale for your purchase.
On the day of completion, we will send the balance of purchase money to your seller’s solicitor and they will tell the estate agent that the keys to your new home can be released to you.
“Victoria & Lisa we’re fantastic throughout. Accessibility, updates & guidance were unbeatable. We would absolutely return to this firm based on this transaction.”
Residential property sale
If we represent you in the sale of a property, we will commence putting together the necessary documentation as soon as you confirm your instructions. We will let you know what is required from you, such as replies to standard enquiries and any relevant guarantee documentation. This means that as soon as you accept an offer, we can send the contract package to the buyer’s solicitor so that they can start work.
We will work with you to reply to any enquiries they may raise, then ask you to sign the contract. When your buyer is ready to exchange, we will agree on a date for completion then formally exchange. At this point, the buyer will pay a deposit and the sale becomes legally binding.
On the day of completion, you can leave the keys with the estate agent once you have cleared the property and we will let you know once the sale money is received. If you have a mortgage to redeem, we pay this for you from the sale proceeds. We also typically discharge any estate agent’s fees and then send the balance to you.
Contact our Gateshead and Washington conveyancing solicitors
We know that the conveyancing process can seem complicated and we are always happy to speak to you to answer any questions you may have.
“Fantastic service throughout the process of my house sale. Very professional, efficient and friendly dealings from all the staff. Would highly recommend to others. Many thanks.”