Selling a House Guide

• You should contact your nearest Lowless & Lowless office to give us details
• Tell your Estate Agent that we are acting for you and give them our contact details
• We will send you our terms and conditions and ask you to sign and return them
• We will ask you to produce proof of identity, as required by Money Laundering Legislation
• We will obtain the deeds to your property and the Land Registry copy entries needed to prepare documents that the other parties need to get started
• You will be asked to give essential information about your house by filling in a “Property Information Form” and a “Fixture, Fittings and Contents Form”
• We will also need you to give us any documents relating to the property such as guarantees or planning consents
• We will send a draft contract to the buyer’s solicitors who must then carry out searches with the local authority and other agencies (this can take approximately 4 weeks in some cases)

• We will maintain close contact with you to arrange times to exchange and complete that suit you and all the other parties involved (through a chain if there is one)
• When contracts are exchanged, you and your seller become legally committed to the transaction and a date will be set for the legal completion to take place. 
• Only when legal completion takes place will you actually move house
• Contracts are usually exchanged over the phone between the two parties' Lawyers then the signed contracts are sent by post

• Before the completion date we will approve the transfer deed – the document by which legal ownership is transferred from seller to buyer – and we will ask you to sign it in readiness for completion
• On completion we will receive the purchase money from the buyers and hand over the title deeds
• Any existing mortgage and your legal and estate agents fees will be paid from the proceeds of sale, and any balance will be forwarded to you unless required for a related purchase

Once the transaction has completed, you need to liaise with the buyers or estate agent to hand over the keys for your property.