Advice on Selling a property

boxer691

If I own a proprty outright and have the deeds in my posession, do I need a solicitor to carry out the sale? As I understand it, the purchasers solicitor does all of the searches etc. I have the HIP and the deeds. All I want is the telegraphic transfer of the money and in exchange I hand over the deeds. Is this right? By the way. Its leasehold and I can apply to the Lndlord for a certificate that there are no outstanding charges on the property.

Conrad

Well I have known people selling not use a Solicitor but it is'nt quite as simple has handing over deeds. There will be lots of legal items you will need to answer. Why not call the buyers Solicitor and see what's needed.

A sles contract designed to protect you against future litigation might be worthwhile tbh. You've said yourself you've been caught out recently, so it might be worth doing it all thorouly and properly because you as a lay person will be utterly unaware of potential problems later on.

Having said that someone I know did sell thier house in a couiple of days to a cash buyer without involving lawyers.

Proceeds of crime people can stop a sale if someone is under investigation.

VIGILANT22

boxer691 wrote: »

If I own a proprty outright and have the deeds in my posession, do I need a solicitor to carry out the sale? As I understand it, the purchasers solicitor does all of the searches etc. I have the HIP and the deeds. All I want is the telegraphic transfer of the money and in exchange I hand over the deeds. Is this right? By the way. Its leasehold and I can apply to the Lndlord for a certificate that there are no outstanding charges on the property.

http://www.adviceguide.org.uk/index/your_family/housing/selling_a_home.htm

g_attrill

VIGILANT22 wrote: »

http://www.adviceguide.org.uk/index/your_family/housing/selling_a_home.htm

That only covers marketing the house yourself, not conveyancing which boxer691 was asking about.

boxer691 - doing the conveyancing yourself is possible, but it's a very complex paperwork job and to get it right requires a lot of reading. There are books on the subject, but previous posts have said that if you are only selling one house it is far better to pay a cheap online solicitor to save the (literally) dozens of hours of work.

Also some solicitors may never have dealt with a DIY conveyancer before and might end up advising the buyer to pull out if they aren't convinced that you know what you are doing.

The final problem is that if you mess it up you might end up with some sort of liability or legal mess that could cost more to fix, if it is even fixable!

VIGILANT22

g_attrill wrote: »

That only covers marketing the house yourself, not conveyancing which boxer691 was asking about.

boxer691 - doing the conveyancing yourself is possible, but it's a very complex paperwork job and to get it right requires a lot of reading. There are books on the subject, but previous posts have said that if you are only selling one house it is far better to pay a cheap online solicitor to save the (literally) dozens of hours of work.

Also some solicitors may never have dealt with a DIY conveyancer before and might end up advising the buyer to pull out if they aren't convinced that you know what you are doing.

The final problem is that if you mess it up you might end up with some sort of liability or legal mess that could cost more to fix, if it is even fixable!

Boxer 691: do I need a solicitor to carry out the sale?
http://www.adviceguide.org.uk/index/...ing_a_home.htm
Choosing who is to do the legal work (conveyancing)


When you have accepted an offer you, or the estate agent, needs to inform whoever is doing the legal work. You can do it yourself - although this can be complicated – or you could:-

• use a solicitor; or
• In England and Wales only, use a licensed conveyancer.

g_attrill Boxer's question was "do i need a solicitor"....the link I attached stated You can do it yourself

This is the 2nd time in 24hrs you have tried to contradict me, when I posted (as did Wutang) how to immediately access your credit report
online for free and you tried to contradict this by saying it was cheaper to send a £2.00 and obtain it by post!!...:rotfl::rotfl::rotfl:

Now would you please refrain from doing this as this is twice in 24hrs you have made yourself look foolish............:mad:

g_attrill

VIGILANT22 wrote: »

Now would you please refrain from doing this as this is twice in 24hrs you have made yourself look foolish............:mad:

Calm down! I looked at that page and didn't spot the handful of words which were a long way down the page, and I doubt boxer691 would have either. It's always good to quote the text, like you just did.

From my previous knowledge I posted exactly what it said (ie. the correct information) plus other information to convince him that DIY is not really worthwhile.