step by step guide
buying or selling
Step by Step guide to the
sale process
Follow our step by step guide for assistance with your sale. Buying or selling a home, particularly for the first time – can be an exciting but daunting prospect, with unfamiliar processes and unexplained delays. Here’s our guide to help you through.
Step 1
Obtain an agreement in principle from your chosen financial provider
Step 2
House hunting – Fun!
Step 3
Offer – be ready for to provide AIP, Proof of deposit, and ID
Step 4
Choose a solicitor
Step 5
Agent sends memorandums of sale to all parties
Step 6
Buyer completes mortgage application paperwork
Step 7
Buyer chooses level of survey required
Step 8
Sellers solicitor sends draft contract
Step 9
Buyers solicitor applies for searches
Step 10
Buyers lender carries out mortgage valuation
Step 11
Buyers surveyor completes any ordered survey
Step 12
Buyers solicitor receives search information
Step 13
Buyers solicitor raises enquiries
Step 14
Sellers solicitor refers to client and responds to enquiries
Step 15
Buyers solicitor refers answers to client and raises any further enquiries
Step 16
Buyers solicitor reports to client
Step 17
Exchange and completion dates set
Step 18
Bother parties sign contracts
Step 19
Buyer pays deposit to Solicitor
Step 20
Buyer arranges removals
Step 21
Contracts exchange
Step 22
Mortgage funds are requested
Step 23
Sale completes as solicitors transfer funds
Step 24
Keys are released
Step 25
Champaign is opened
dc lane top tips
8 tips to a
smoother house sale
01
Complete your mortgage application as quickly as possible after the offer is accepted
02
Engage your solicitor immediately and complete their paperwork as a priority
03
Put moneys on account with your solicitor early so that searches are ordered quickly
04
Use DC Lanes ‘priority pack’ service to speed up search results
05
Decide whether you would like a survey and what type early in the process
06
Respond to your lawyers’ or finance providers questions within 24 hours where possible
07
Ensure any required funds are accessible without delay
08
Stay flexible - houses sales are complex and there may be many stakeholders with differing expectations throughout the sale
