Conveyable for
Sellers

The Conveyable team will assist you from the start of the sale and purchase process through to completion.

While our services will be tailored to meet the precise needs of each transaction, in general terms, the stages of a residential conveyancing transaction that our solicitors will manage for you are:

Conveyancing process for Sellers

1 Seller decides to sell property and engages one or more real estate agent(s) to conduct a survey on the property and provide the valuation price.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
2 If there is an outstanding mortgage on the property, Seller checks with its bank regarding any sale or transfer restrictions.
• Mortgages for residential properties
3 EPC to be commissioned on the property
• Commonly-used real estate agents and portals include:
• https://www.rightmove.co.uk/
• https://www.zoopla.co.uk/
• Savills
• Abode
• Haart
• Douglas Allen • Bairstow Eves
• Purplebricks
• Foxtons
4 Seller to instruct its solicitor and arrange (either through the solicitor or the real estate agent, if solicitor not engaged yet) for relevant title search report to be produced.
KYC and AML checks are sometimes conducted before real estate agents put in an offer in a bid for a property (or just after the Buyer wins the bid). The agent may also request sight of an in-principle mortgage and/or bank statements, before putting forth a bid officially for the Buyer to the Seller. Several agents also try to recommend a mortgage broker (either external/associated, or internal) at this point.
5 Seller contracts with one or more real estate agent(s) to help advertise and market the property for sale.
• Memorandum of Sale
• Buying/selling subject to tenancy
• Co-ownership: joint tenancy vs tenancy in common
• Ensuring a safe transfer vis-à-vis non-owning occupiers
6 The engaged real estate agent(s) will commence marketing and advertising of the property and schedule viewings in accordance with the Seller’s stated instructions and preferences.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
7 Depending on the real estate agent’s standard process and/or as agreed with the Seller, the real estate agent will either submit bids from interested buyers as and when they are offered or as a suite of competing offers in a time-limited bid. AML, KYC and financial checks can be done before or after offers are submitted, depending on the preference of the Seller and the agent.
• Essential property searches
• Different classes of title
• Title deed insurance
• Easements and covenants
• Property surveys
8 The Seller decides on which interested buyer to proceed with and instructs the real estate agent to accept the said bid/offer, subject to requisite KYC, AML and financial checks being passed (if not already cleared prior to the submission of offers).
• The transaction exchange process and the escrow account
• Conditional contracts
9 The solicitors of both the Buyer and the Seller will prepare completion statements that sets out the sums involved leading to full and final payment of the property price.
• The Completion Statement
10 Seller to instruct his/her solicitor (if not already engaged earlier) and proof of title and the draft contract (both part of the pre-contract package) and property information form to be prepared and/or completed accordingly.
• The Completion Statement
11 Seller’s solicitor to provide the draft contract, proof of title and property information form to the Buyer’s solicitor when the latter requests for these on behalf of the Buyer.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
12 Seller’s solicitor to provide the draft contract, proof of title and property information form to the Buyer’s solicitor when the latter requests for these on behalf of the Buyer.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
13 Buyer and Seller will exchange contracts, ie. sign the sale and purchase agreement and Buyer will pay a deposit amount against the agreed property price into the escrow account.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
14 The solicitors of both the Buyer and the Seller will prepare completion statements that sets out the sums involved leading to full and final payment of the property price and the net amount that the Seller would receive.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances
15 Seller will receive remaining payment of the property price to the Seller together with the deposit in the escrow account. Seller to transfer title of the property to the Buyer and hand over keys.
Relevant considerations in selecting a property:
• Location
• Type of property (flat / house / terrace or semi-de-tached/detached)
• Price Range
• Proximity to schools, hospitals, high street, amenities and transport terminals or stations/stops
• Neighbourhood factors (safety, demographics)
• Parking (off street / common carpark and whether secure / street-side / garage)
• Garden size and maturity
• Style, age and condition of building
• Freehold vs leasehold purchases

Typical Cost Items:
• Property purchase price
• Stamp Duty Land Tax
• Conveyancing Fee & Expenses
• Renovation costs
• Standard anticipated costs
• Stamp Duty Land Tax

Use HMRC’s SDLT calculator at: [link to relevant page]
• Deposits for residential conveyances

Conveyable
service packages

Conveyable’s standard package options for the sale and purchase of residential property are:

Bronze


Legal Document Completion Time Frame*
12 weeks


Conveyancing Fee **
£ 1,200

Book today

Silver


Legal Document Completion Time Frame*
8 weeks


Conveyancing Fee **
£ 2,500

Book today

Gold


Legal Document Completion Time Frame*
4 weeks


Conveyancing Fee **
£ 3,500

Book today

Platinum


Legal Document Completion Time Frame*
2 weeks


Conveyancing Fee **
£ 4,500

Book today

The timeframes above refer to completion of the legal forms required. The provision of satisfactory documents, forms and/or authorisations/confirmations required from other parties, such as mortgage providers and help to buy, are not within our control and may operate to delay legal completion of the sale and purchase of the property even when forms required from Conveyable’s end have been completed.

The conveyancing fees stated above do not include fees and costs associated with identity checks, property search fees, Stamp Duty Land Tax, land registry fees and any other other disbursements (i.e expenses paid to third parties on your behalf), these will be additionally payable by the relevant party in the transaction.

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quote today