Conveyancing for Buyers
Stages of Conveyancing Process for Buyers
3. Reviewing the Contract
Your conveyancer will examine the draft contract and supporting documents and raise enquiries with the seller’s conveyancer if needed. You will be expected to go through the paperwork and forms the seller has completed and address any queries or concerns with your conveyancer.
In particular, there are some common pitfalls you might face when buying a house, and your Eatons conveyancer will help you navigate any obstacle or doubt.
4. Exchange of Contracts
Once you and your conveyancer are happy with the property report, you can apply for a mortgage, if you haven't already. At this stage, you can ask the lender’s surveyor to carry out a Home Buyers’ Survey.
Once all queries are resolved, you'll sign the contract and pay a deposit. At this point, the contracts are exchanged and both parties are legally bound to the transaction.
5. Congratulations, it’s time to get your keys!
The final step is the completion, where the remaining balance is transferred, and you officially become the proud owner of your new home. Your conveyancer will handle all the paperwork, leaving you free to celebrate this exciting milestone.