Compared with buying the legal processes involved in selling a residential property are relatively straightforward.
Obtain the Deeds from your mortgage lender (if you have one)
Send a draft contract to the buyers solicitor and answer enquiries raised
Obtain an up to date redemption figure for your mortgage
Redeem the mortgage and send the net proceeds of the sale to you (or put them towards the purchase of your new property).
However, it is important to bear in mind that even the sale can become complicated if information or documents are missing and /or inaccurate.
The sale of leasehold properties is invariably more complicated as it can involve dealing with landlords, managing agents, service charge accounts etc. A step-by-step guide to the process involved when selling your home.
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