Take away some of the Stress of Selling Your Home by using Purdie Maclean

Our legal conveyancers at Purdie Maclean have helped thousands of people to sell their home and investment property.

Purdie Maclean are committed to providing exceptional service and a first class customer experience to make your sale as stress-free as possible – but we need your help to do it.

The following is a brief guide to the conveyancing services we will provide and it also highlights the assistance you can provide us with to bring the transaction to a successful conclusion:-

1. Pre-Sale

Purdie Maclean will:-

• Contact you to introduce ourselves
• Send you our welcome letter which includes our terms of business and estimate of fees and outlays
• Obtain your title deeds
• Order any pre-sale searches

You should:-

• Let us have any documents or information you think are relevant to the property or the sale particularly any alteration documentation and your mortgage lenders name and account number (if applicable)

2. The Missives

The “missives” comprise the legal letters that pass between us as your lawyers and the purchasers’ lawyers and which together spell out the full written contract between seller and buyer. The first stage in the missives is the submission of an offer from the buyer to us or your estate agent. When lawyers refer to “conclusion of missives” they mean the point at which the legal sale contract is binding on seller and buyer.  If either seller or buyer fail to fulfil their part of the contract once this stage is reached there can be serious financial consequences for the defaulting party.  The conclusion of missives is therefore a crucial stage in the conveyancing process as it crystallises what a seller is obliged to provide and what a buyer expects to receive.

Purdie Maclean will:-

• Receive the buyers’ written offer from your estate agent or directly from the buyers’ lawyer
• Go through the offer with you and then issue a written acceptance (this acceptance itself does not usually lead to conclusion of missives)
• Advise you on any further legal missives received from the buyers lawyer
• Let you have copies of all legal missive letters
• Advise you when you have a binding contract for your sale

You should:-

• Read over all the documents and contact Purdie Maclean if you think any are incorrect or you have a query
• Contact Purdie Maclean with your instructions as soon as we ask you

3. Transfer Of Title To Buyer

Purdie Maclean will:-

•  Send the title deeds and searches to the buyers lawyer
•  Answer the buyers’ lawyers’ questions (with your help)
•  Agree the terms of the title deed known as a Disposition which you require to sign

You should:-

• Quickly let us have any information we ask you for
• Sign and return the Disposition promptly – we need to give it to the buyers  lawyer in exchange for the sale price

4. Completion

At the agreed completion date (also called the “date of entry”) the buyer pays over the purchase price and in exchange is given the signed Disposition, any other relevant title documentation and of course the keys.  At this point your mortgage is also paid off.

Purdie Maclean will:-

• Pay off the balance due on your mortgage
• Prepare a cash statement showing the financial transactions that have taken place on your account
• If there is a balance due to you we will either transfer this to your new home  purchase account (same day) or send it to you within 5 working days from when the transaction completes
• If there is a balance due by you we will have advised you of this before completion and asked you for it

You should:-

• Check any mortgage repayment statement we send you and advise us if you think it is wrong
• Be packed and ready to move on the completion date

Purdie Maclean aim to make the process of selling your property as smooth and stress-free as possible and we can achieve this by working together at every stage of the transaction.