Andrew's Top Tip
Once your solicitor is satisfied with all the enquiries raised, then they will report to you on all of their findings in what is called a ‘Report on Title’ and provide documents for signing. The report takes 1 to 3 days to draft by your solicitor, and this is sent via email or post to you.
Once you receive your report, I’d suggest speaking to your estate agent and asking them when the seller would like to complete. You can complete any time after you exchange contracts, however you normally aim for 1 to 2 weeks to give you some time to organise removals and so that your solicitor can draw down your mortgage funds. Once you have agreed on a date with the seller, please supply this to your solicitor, and they’ll confirm the same with the seller’s solicitor.
After reading the report on title, you need to sign and return the following documents to your solicitor:
Contract;
TR1 transfer document;
Stamp Duty Land Tax (SDLT) return; and
Mortgage deed (if applicable)
These need signing, and some need witnessing. If you can, scan, email and then post special delivery to your solicitor. If you can’t scan and email, then just send special delivery (not recorded).
Andrew Boast FMAAT MIC is co-founder of SAM Conveyancing.
