Professional Realtors in Watford

Ideally, as they confirm that you own the property, but there are other ways of proving title if your property is on registered land (most is). If there is a mortgage then Title Deeds will be held by your lender (bank or building society).

We are happy to accompany prospective purchasers on all viewings which can be by appointment with you, or you may wish to supply us with a set of keys.

Until the contract has been signed by both the seller and you, and their respective solicitors both have a copy of the signed contract, either you or the seller can pull out of the transaction at any time for any reason. No money will be payable as compensation by the person pulling out of the property sale.

Your solicitor will ask you to sign the contract once they are satisfied that the sellers solicitor has provided all the necessary searches, certificates and other documentation, as well as answering any queries about the property that they might have raised. Generally, you will not be asked to sign the contract until the solicitor is in receipt of your mortgage offer.

Ordinarily the lender will advise the solicitor that they need 4 to 5 working days to release the mortgage money they are lending you. Your solicitor will not request this money until the contract is binding which is why there is always a short delay between contract being signed and the actual completion when keys are handed over. Your solicitor will take into account how long it takes for the lender to release the money when advising you of the earliest possible completion date.