Once you have registered and you have found your home, the steps are as follows:

Step 1

After agreeing terms of purchase, instruct Solicitor to act.

Step 2

The buyer pays his solicitor monies for searches so that these can be submitted as soon as the draft contract is received.

Step 3

The buyer’s mortgage survey takes place plus any further survey that the buyer has requested to be carried out.

Step 4

When the draft contract is received the buyer’s solicitor will check the copies of the title deeds received, the property information forms, (plus if leasehold, a copy of the lease and leasehold information) and raise any enquiries on the paperwork with the seller’s solicitors that appear necessary.

Step 5

The buyer’s solicitor will raise searches using the plans attached to the deeds.

Step 6

The buyer’s solicitor will receive the results of the searches that he has carried out against the property and raise any further questions of the seller that the results may require.

Step 7

The buyer and the buyer’s solicitor will both receive copies of any mortgage offer being obtained by the buyer.

Step 8

The buyer’s solicitor will prepare a written report to the buyer on the property based on the searches, deeds and replies to enquiries received. This explains in clear non-technical language the important legal aspects of the title and other matters relating to the property.

Step 9

The buyer then signs the contract and pays his solicitor the deposit monies of the purchase price. If you are selling and buying at the same time, usually your seller will accept the same deposit on your purchase as you receive on your sale and you should not, when buying and selling, therefore, need to pay any deposit. Any deposit you do pay is, of course, credited to you when the final accounts are prepared.

Step 10

The solicitors exchange contracts fixing a moving date and making the sale of the property legally binding on both parties.

Step 11

The buyer’s solicitor notifies the buyer’s mortgage company (if any) of a completion date.

Step 12

The buyer’s solicitor prepares a financial statement showing the monies required from the buyer to be able to complete the purchase of the property.

Step 13

The seller and the buyer organise practical arrangements such as removals in readiness for completion.

Step 14

The buyer puts his solicitor in funds to be able to pay for the property plus his solicitor’s fees and disbursements (stamp duty, land registry fees, etc.).

Step 15

The buyer’s monies (and mortgage monies if appropriate) are received by the buyer’s solicitor and the balance of the purchase price is remitted electronically to the seller’s solicitor.

Step 16

The buyer collects the keys and moves into the property.

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Reviews

Charlie has managed our tenancy for over 2 years and she has always been really professional. She has always answered our questions quickly...

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The team in Langley have been extremely patient and supportive in helping us find our new home. Emmanuel McCalmon has been our direct...

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The Oakwood team at Burnham are very,very professional,knowledgeable,quick to respond,friendly,courteous and it's been a fantastic stress...

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We have been in touch with Rosie from Oakwood estates for our property search. She has been outstanding in understanding our requirements...

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Brandon showed me some properties around old windsor and datchet throughout he was very friendly and kind and very professional.He’s got a...

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I have been with Oakwood for years now and when looking to sell or manage the rental side of things they have always been helpful and...

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We dealt with Emmanuel McCalom when we needed to re-rent out our maisonette he was respectful to our requests and very helpful. Emmanuel...

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A unique lettings experience. Especially with the online progression portal which is one of a kind! An agent I would highly recommend....

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Hubby & I purchased a property recently through Oakwood Estates. We were impressed by Laura's responses & feedback. She understood the...

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Oakwood Estates (Iver branch) is a professional well run agent. We found Christopher the branch manager very helpful, knowledgeable and his...

stewart mcginn

Great team! Very professional and supportive throughout the whole process. Would highly recommend them.Thanks Oakwood estates Iver team!...

Aliaa

I found Josh very persistent (in a good way) and Chris very efficient. The property was sold for near the asking price within 48 hours of...

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It's been 15 years since we have gone through this process and I have to say from our initial meeting with Josh we knew we where on to a...

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Oakwood Estates have been absolutely incredible in helping us with our move, from fitting us in to a last minute viewing to moving in 6 days...

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I would like to thank Oakwood for their professionalism, help and over all efficiency. Jamie has been my point of contact throughout the...

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These guys have easily been the smoothest, most customer oriented estate agency I've ever worked with. Everyone has such bad experiences...

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I highly recommend this agency and more specifically Sarah and Jamie. They went above and beyond to find the perfect property for me. They...

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My experience with Oakwood Estates has been extremely positive. The whole process from the beginning up to the signing of the tenancy...

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My Husband and I used Oakwood to move home. I cannot rate this company enough! We dealt with Daniel Moore, he went above and beyond for us,...

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