Although at the beginning of your decision to move home the legal process is the last aspect on your mind, it is something to consider when you select your Agent as this is by far the most complex and challenging part of the house sale process. The majority of our time is spent during the sales progression process to ensure the sale moves along as smoothly as possible, speaking to all parties involved up and down the chain.
Draft contracts are discussed between solicitors, and they go into minute detail over every aspect; mistakes can be hugely expensive. At the same time, most buyers need to raise a mortgage, and this involves the lender, their surveyor, and legal team; often they will use the same solicitor to report on the title, and surety for the loan.
In any one sale or purchase, dozens of people are needed for input and answers to legitimate questions and they are scattered far and wide. It’s no wonder that the process from agreeing the sale to exchange of contracts takes 4-6 weeks.
During this time, the other properties in the chain are going through similar processes, with as many people involved, so the chances of everything going smoothly are not high!
Due to all this complication, at Gordon Barker, we are very protective of our clients when agreeing sales, and we closely follow the progress of sales, step by step, at all times.
Our instincts are to see when a sale is failing, and we take rapid and decisive steps to head off problems before they occur. That is one of the reasons our clients come back to us again and again when selling their homes.