SALES
WE HELP YOU TO SET 'SALE'.
Selling property requires precision, speed, and clear communication to keep the transaction as simple and as smooth as possible.
At Esvi, we will draft and issue the contract pack(s), retrieve title deeds and respond to enquiries where possible on your behalf. We handle all negotiations surrounding legal covenants and obligations, manage the redemption of existing mortgages, and ensure funds are transferred efficiently upon completion. We prioritise keeping you fully informed at every stage so you can transition to your next property or investment with confidence.
Based in Peterborough, make us an appointment with us today and we will help you with the legal aspect of selling your property.
TIMELINE FOR SELLERS
5. Sign Documentation
We will provide you with documentation for signing either by post, e-mail or call you in for appointment. This is typically done during the enquiries stage once the buyer's conveyancer as confirmed that the documentation is approved. If not signed in our presence this documentation must be signed in pen and returned to us via post. Some of the documentation will require an independent witness.
2. Prepare Draft Contracts
Upon receipt of the client care letter please complete all of the forms therein and pay the required money on account. You will not need to provide any ID as we will send a link to you via e-mail to complete your ID checks. We will also request of any mortgages over the property and require money on account so that we can obtain the necessary documentation for the draft contract pack.
3. Issue Draft Contracts
Upon receipt of the completed forms and other necessary documentation (from you) we will provide the buyer's converyancer with the draft contract documentation so that they can begin their investigations and raise searches. They may await to receive the results of all of their searches before raising any enquiries and as such it may be some time before we hear from them.
4. Raise Enquiries
After review of the draft contract documentation the buyer's conveyancer will raise any questions concerning the property as is necessary. We may forward some of these questions to you for you to answer or may ask you to take action, for instance, conducting a boiler service prior to completion. Some required action may be mandatory (as is the case for the landlords) and we will inform you of the as soon as possible if it becomes necessary.
1. Confirm Instructions
After receiving your quotation let us know either by e-mail or telephone that you would like to proceed and also provide details of your estate agent so that we can obtain the memorandum of sale (document listing details of the buyer, seller and their individual legal representatives). Upon receipt of both items we will open a file on our end and send a client care letter to you.
6. Exchange and Completion
Exchange is when the transaction becomes legally binding (you must proceed with the purchase or otherwise forfeit the deposit) and the date for completion is set. Completion is the day you receive the keys. You have the option to either to exchange and complete on a later date or exchange and complete on the same date. After completion we deal with all formalties such as redeeming the property
SELLING AND BUYING
If you are selling and looking to buy onwards, we at Esvi in Peterborough can handle both transactions with ease.
Whether you want to sell and move into your property on the same day or on a later date, we take your instructions and handle transactions with efficiency. We are able to refer you to our financial partners to help secure a mortgage for your new property. You may potentially have the option of transfering your mortgage to another property with the same lender.
Moving does not need to be complicated and we are here to make it easy for you.
MANAGEMENT COMPANIES
Leasehold properties involve a third party such as a management company, landlord or both. Either one can be responsible for the overall maintanence of the building in which your property is situated and also deal with other elements such as collecting service charge or ground rent.
In order to proceed with the sale information has to requested from these parties which comes at a cost and the cost is always dependent on who the management company or landlord is. This information is known as the management pack and is provided to the buyer's solicitor and they may raise further enquiries on this management pack.
To ensure that the service charge is allocated fairly we ensure that you are reimbursed for any overpayments that have been made after completion.
FREQUENTLY ASKED QUESTIONS
What are enquiries?
These are questions put forward by the buyer's conveyancer. If the property is a leasehold then it will also include questions relating to the lease, completion requirements, service charge and ground rent.
Some enquiries may ask for documentation such as guarantees or warranties.
Do I have to pay Capital Gains Tax?
This question is better answered by a financial advisor but in most instances no. If the property being sold is your main residence then you may qualify for Private Residence Relief.
However, if the property being sold has been let out or is a second home then Capital Gains Tax may be payable.
What do I do with the keys?
The keys can be left with either the estate agent or you can provide these to buyer in person. Usually they are left with the agent.
What if I want to purchase a property whilst I am sellling?
We are able to deal with both the sale and the purchase. Please complete the quotation form and we will respond with a no-hidden-fees quotation.
How can I contact you?
You can reach us by on the number or e-mail address at the top or bottom of this page or alternatively complete our Contact form and we will respond as soon as possible (we aim to respond to all messages and enquiries within a 24 hours period).
How do I know how much is owed to my mortgage lender on completion?
We will request a mortgage redemption statement from the lender both at the outset of your transaction and then again once a completion date has been agreed. This will confirm the exact figure payable to your mortgage lender upon completion.
What is a 'chain'?
A chain is when there is more than one transaction involved. For example, you are buying from a person who is also buying onwards. You are at the bottom of the chain and the person who is only selling is at the top of the chain.
What forms do I need to complete?
In addition to our instruction form you will also need to complete a set of protocol forms.
If your property is freehold then you will only need to complete the Seller's Property Information Form (TA6) and Fixtures and Contents (TA10).
If your property is leasehold then you will need the Leasehold Information Form (TA7), TA6 and TA10.
Will you pay the estate agent upon completion?
Yes. Once the matter has exchanged the agent will provide us with their invoice confirming the fees payable. This will be provided to you along with a copy of the completion statement showing a detailed list of fees.
What if I want to purchase a property whilst I am sellling?
We are able to deal with both the sale and the purchase. Please complete the quotation form and we will respond with a no-hidden-fees quotation.
Phone
This website is owned and operated by Esvi Limited, registered in England and Wales, company number 16281685.
Our legal professionals provide our services through the solicitor's firm, Parity Legal Limited, which is authorised and regulated by the Solicitors Regulation Authority (SRA) under ID Number 658977. Esvi Limited is not regulated by the SRA.
Financial services are provided from a number of our trusted and regulated partners.
ADDRESS
Suite 3, DHC Business Centre
226 Dogsthorpe Road
Peterborough
PE1 3PB