Purchase of a House or Flat

At Mogers we understand that for many people the buying of a property is a major decision; not only because the purchase needs to be an investment for the future, but also because the property is likely to be the family home for some time to come.

We work with you to ensure that you are kept fully informed of developments every step of the way, and work hard to ensure you receive the personal service that you would expect from a firm such as Mogers.

The flowchart below gives an overview of the general purchase procedure, although if you wish to discuss your particular circumstances please do not hesitate to contact any of our specialist conveyancing team who would be happy to help.

Michael Blowers 01225 750011 michaelblowers@mogers.co.uk
Nicola Banks 01225 750019 nicolabanks@mogers.co.uk
Alison Treble 01225 750006 alisontreble@mogers.co.uk

Purchase Procedure

Take your instructions

Initial correspondence with you, estate agents and Buyer’s Solicitors. Deal with ID requirements

Request Contract papers from Seller’s Solicitors

Apply for searches – Local/Environmental/Coal/Drainage/Chancel

Receive Contract package comprising Contract, evidence of Title, Property Information form, Fixtures, Fittings and Contents form and if Leasehold, Leasehold Property Information form and management information Raise additional enquiries on Contract papers

Receive mortgage offer and check mortgage requirements

Report on search results, additional enquiries and mortgage offer obtain signature to Contract and mortgage documentation Obtain deposit (if no related sale)

EXCHANGE CONTRACTS

Send deposit and Contract to Seller’s Solicitors
Prepare Transfer documentation and raise Requisitions on Title
Prepare final statement of account
Prepare Stamp Duty Land Tax form
Request balance of funds required (if any)

Pre-completion searches and checks at Land Registry and Land Charges Register
Request mortgage funds and balance of funds from you
Obtain signature of Transfer (if required)

COMPLETION

Send balance of monies to Seller’s Solicitors
Submit Stamp Duty Land Tax form and obtain certificate
Attend to Registration at HMLR
Send Deeds to Lender after registration
Advise you of registration and provide copy Register of Title

 

Matters not covered by our fee: -
1) Obtaining indemnity insurance for defects in title.
2) Preparation of declarations e.g. relating to lack of rights of way and rights to run services through adjoining properties.
3) Dealing with problems relating to title e.g. incorrect boundaries.