Sale

27. Completion
The completion date is the day when the ownership of the property is legally transferred from the seller to the buyer, and it is an important mileston...
26. Related transactions
When selling a property, certain transactions such as the sale being dependent on a purchase or remortgage can significantly affect the process. Under...
25. Mortgages, charges and loans
Mortgages, charges, and loans secured against a property for sale are financial instruments that involve using the property as collateral to secure fu...
24. Selling at undervalue
When a property is sold at an undervalue, it means the selling price is below the property's market value. This situation can occur for various reason...
23. Buyers’ details for sale transaction
There are no restrictions on who can purchase your property, as long as they are legally capable of entering into a contract and meeting any financial...
22. Accepting an offer on a property
Accepting an offer on a property refers to the seller agreeing to sell their property to a prospective buyer at the offered price and under the specif...
21. Estate agent for sellers
An estate agent is a professional individual or company that facilitates the sale, purchase, or rental of real estate properties. They act as intermed...
20. Current use of the property
The current use of a property refers to how it is being utilised or occupied at the present time. Properties can serve various purposes depending on t...
19. Land types
Land serves various purposes and is classified into different types based on its use, geography, and ecological characteristics.   Here are definition...
18. Flat types
Flats, also known as apartments, offer a variety of living options, from compact studios to luxurious penthouses.   Here are definitions for some of t...
17. House types
Houses come in various styles and configurations, each offering unique features and layouts to suit different preferences and lifestyles.   Here are d...
16. Property types
When it comes to buying or selling property in England and Wales, it is essential to understand the different types of properties available.   Here ar...
15. Shared ownership
Shared ownership is a government-backed scheme designed to help people who cannot afford to buy a home outright onto the property ladder. It allows bu...
14. Types of property ownership
Property ownership in England and Wales is governed by specific laws and regulations that determine the rights and responsibilities of property owners...
13. Contact point of designation
During the property sale process, you may choose to designate another person to serve as your primary point of contact. This person will handle commun...
12. Bank details
Providing bank details to the conveyancer is essential for a smooth property sale process for several reasons. Whether you are the owner, attorney, de...
11. Correspondence
If you currently live at the property that is being sold, it is crucial for your conveyancer to know this. This information helps them determine the a...
10. Selling via Trust Deed
Selling a property via Trust Deed involves navigating the legal framework established within a trust arrangement.   Here's an overview of how this pro...
09. Selling via Grant of Probate
Selling via Grant of Probate refers to the process of selling a property after the death of its owner, where the executor or personal representative o...
08. Selling via Deputyship Order
Selling via Deputyship Order involves the process of selling a property on behalf of someone who lacks mental capacity to make decisions for themselve...
07. Selling via Power of Attorney
Selling via Power of Attorney refers to the process of selling a property on behalf of someone else who has granted authority to act on their behalf t...
06. Property Title Register
The Property Title Register is an official document maintained by the Land Registry in England and Wales that provides essential information about a s...
05. Change of name
When there is a change of name, it is crucial for the conveyancer to be informed for several key reasons. This applies to name changes for the propert...
04. Sellers’ representation
When participating in a property sale, it is important to clarify the capacity in which you are providing information. This ensures that all parties i...
03. Selling as a company
When a company wishes to sell a property, the process typically involves authorisation from the company's board of directors or other authorised repre...
02. Protocol and enquiry forms
Protocol forms are standardised documents used in property transactions in England and Wales. These forms, developed by the Law Society, help streamli...
01. Selling a property
Selling a property involves transferring ownership rights from the seller to the buyer in exchange for a predetermined payment, typically in the form ...