Buying a Property
To finalise a property purchase you will need to sign a contract of sale. Though not required, it is common practice to have a lawyer review the contract before signing.
Ideally you will on need one contract reviewed, though it is more likely you will require multiple contract reviews as you unfortunately get out bid, or fortunately pass on a property due to a discovered fault.
To make sure you don’t hesitate getting expert advice we offer split pricing, so you only pay for what you require.
Standard Contract Review
We will provide you with a breakdown of the contracts terms and highlight any areas of concern. You will have a clear understanding of your obligations as a buyer.
Step Two (Optional)
It is common to request amendments to a property contract. Amendments can include a change in settlement date, adding or removing terms or conditions, or even asking for a term or condition to be rewritten to provide more clarity.
Step Three (Only for successful purchase)
Settlement is the process in which the property is transferred over from the original owner to the new owner. This process is commonly completed by both the buyer and seller’s solicitors. Once both solicitors are happy all contract obligations have been fulfilled, they will organise payments and the transfer of property title.