{"id":3852,"date":"2020-01-09T13:00:39","date_gmt":"2020-01-09T13:00:39","guid":{"rendered":"http:\/\/www.lynch-hall.co.uk\/?page_id=3852"},"modified":"2024-09-16T16:47:14","modified_gmt":"2024-09-16T15:47:14","slug":"commercial-conveyancing-2-2","status":"publish","type":"page","link":"https:\/\/www.lynch-hall.co.uk\/?page_id=3852","title":{"rendered":"Sale"},"content":{"rendered":"<div id='layer_slider_1'  class='avia-layerslider main_color avia-shadow  avia-builder-el-0  el_before_av_one_full  avia-builder-el-first  container_wrap sidebar_right' style='  height: 437px; max-width: 1140px; margin: 0 auto;' ><\/div><div id='after_layer_slider_1'  class='main_color av_default_container_wrap container_wrap sidebar_right' style=' '  ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-3852'><div class='entry-content-wrapper clearfix'>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-1  el_after_av_layerslider  avia-builder-el-no-sibling  \" style='border-radius:0px; '><p><div  style='padding-bottom:20px; ' class='av-special-heading av-special-heading-h2    avia-builder-el-2  el_before_av_hr  avia-builder-el-first  '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >Sale<\/h2><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div><br \/>\n<div   class='hr hr-default   avia-builder-el-3  el_after_av_heading  el_before_av_textblock '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><p><strong>Sale<\/strong><\/p>\n<p>Our fees cover all of the work* required to complete the sale of your home including redeeming any outstanding mortgages.<\/p>\n<p><strong>Our Fees<\/strong><\/p>\n<p>We have a range of fees ranging between \u00a3650 plus VAT (presently 20%) and \u00a31,500 plus VAT (at 20%) depending on the price of your home, the experience and seniority of the fee earner and whether the property is freehold or leasehold.<\/p>\n<p><strong>Disbursements<\/strong><\/p>\n<p>Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The likely disbursement would be as follows:<\/p>\n<p><strong>Freehold<\/strong><\/p>\n<p>Office Copy and plan &#8211; \u00a36 (no vat)<\/p>\n<p>Leasehold<\/p>\n<p>Office Copy and plan &#8211; \u00a36 (no vat)<\/p>\n<p>Leasehold copy &#8211; \u00a311 (no vat)<\/p>\n<p>Management Information Pack \u2013 the figure would need to be obtained from the Management Company and can be \u00a3300 or more plus vat at 20% .<\/p>\n<p><strong>Additional fees<\/strong><\/p>\n<p>We will make the following additional charges:<\/p>\n<p>\u00b7 \u00a335 plus VAT at 20% for each bank transfer by CHAPS<\/p>\n<p>\u00b7 \u00a315 plus VAT at 20% for each AML check<\/p>\n<p>*Our fee assumes that:<\/p>\n<p>a. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction<\/p>\n<p>b. for leasehold sales &#8211; this is the assignment of an existing lease and is not the grant of a new lease<\/p>\n<p>c. the transaction is concluded in a timely manner and no unforeseen complications arise<\/p>\n<p>d. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation<\/p>\n<p>e. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.<\/p>\n<p>If any other work is required to ensure a successful conclusion to the transaction, we reserve the right to charge an additional fee based upon the additional time spent at the<\/p>\n<p>rate of between \u00a3200 plus VAT (at 20%) and \u00a3300 plus VAT (20%) per hour but we will advise you of the anticipated time frame and the likely cost prior to carrying out the extra work.<\/p>\n<p><strong>Likely timescale in completing your sale<\/strong><\/p>\n<p>How long it will take from you accepting an offer until you can move will depend on a number of factors. The average process takes between 12-18 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if your purchasers are cash buyers, it could take 8 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, e.g. between 3 and 6 months. In such a situation, additional charges would apply.<\/p>\n<p><strong>Stages of the process<\/strong><\/p>\n<p>The precise stages involved in the sale of a residential property vary according to the circumstances. However, below are examples of the key stages involved in the sale of a freehold and leasehold property:<\/p>\n<p>\u2022 Provide you with documentation to complete about the property and fixtures and fittings<\/p>\n<p>\u2022 Obtain title deeds and any other documents to prepare a draft contract<\/p>\n<p>\u2022 If applicable, obtain a settlement figure to repay the outstanding amount on any existing mortgage<\/p>\n<p>\u2022 Send a contract pack to the Buyer\u2019s solicitor<\/p>\n<p>\u2022 The Buyer\u2019s solicitor will check the draft contract and raise enquiries with us<\/p>\n<p>\u2022 We will answer the enquiries together with you<\/p>\n<p>\u2022 Agree a completion date (date from which you no longer own the property and move out)<\/p>\n<p>\u2022 The Buyer\u2019s solicitors will confirm that they are satisfied with their search results and answers to their enquires<\/p>\n<p>\u2022 Exchange contracts and notify you that this has happened<\/p>\n<p>\u2022 The Buyer\u2019s solicitors will draft and send a transfer deed to us which we will check and send to you to sign in preparation for completion<\/p>\n<p>\u2022 The Buyer\u2019s solicitor will then send the proceeds of the sale to us and you will need to arrange for the keys to be released to the Buyer<\/p>\n<p>\u2022 We will send the Buyer\u2019s solicitor the title deeds and transfer deed<\/p>\n<p>\u2022 We will pay the estate agent, repay the amount owing to your mortgage lender and transfer our fees<\/p>\n<p>\u2022 The remaining funds will then be transferred to you<\/p>\n<\/div><\/section><br \/>\n<div   class='hr hr-default   avia-builder-el-5  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><p>For any other queries please feel free to <a href=\"?page_id=3418\">contact us directly<\/a>.<\/p>\n<\/div><\/section><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":3850,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3852","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/3852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3852"}],"version-history":[{"count":9,"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/3852\/revisions"}],"predecessor-version":[{"id":4258,"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/3852\/revisions\/4258"}],"up":[{"embeddable":true,"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/3850"}],"wp:attachment":[{"href":"https:\/\/www.lynch-hall.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}