1. Buying and Selling Your Home - an Overview - Martyn Strong, Devonshires

2. Outline Finding a Solicitor and Key Considerations Selling a Property – overview Buying a Property – overview Products Available

3. Finding a Solicitor – Key Considerations Word of Mouth / Personal Recommendation Cost - Cheapest quote? Most expensive quote? First Quote? Service - Personal? Process/System driven? Location - Online or Local?

4. Other Resources Law Society – Find a Solicitor (www.lawsociety.org.uk/find-a- solicitor)www.lawsociety.org.uk/find-a- solicitor Council for Licenced Conveyancers (www.conveyancer.org.uk )www.conveyancer.org.uk Independent Guides - www.goodlawyerguide.co.ukwww.goodlawyerguide.co.uk Forum / User Generated Content (www.solicitorsfromheaven.com)www.solicitorsfromheaven.com www.moneysupermarket.com/conveyancing Google it!

5. Selling a Property -Initial Instructions- Obtain Quote / Accept Quote Client Care Letter / Terms of Business Identification Requirements Pay Money on Account? Estate Agent Details

6. Selling a Property - Preparing Contract / Documents - Fixtures and Fittings Form Property Information Form Leasehold Information Form Original Title Deeds All other relevant / useful documentation Draft Contract Issued

7. Selling a Property - Pre-Exchange- Buyer’s Solicitor to approve Contract Reply to the Buyer’s Solicitor’s Enquiries Redemption Statement from Lender Management Pack/Management Co Replies?

8. Selling a Property - Exchange – Each Solicitor holds it’s client’s signed contract Deposit is paid Sale becomes binding Completion Date Set

9. Selling a Property Pre-Completion / Completion Transfer document produced Check redemption figure Completion statement confirmed Funds received from Buyer’s Solicitor Mortgage Redeemed Estate Agents Paid Balance sent to you

10. Buying a Property - Receipt of Documentation / Contract- Review title information and raise enquiries Order searches Enquiries of managing agent Approve draft contract Report on Title

11. Buying a Property -Preparing for Exchange / Exchange - Confirmation that all enquiries are dealt with Mortgage offer confirmed, checked and lender instructions complied with Received 10 % deposit Signed contract returned

12. Buying a Property - Completion / Post-Completion - Stressful! Await transfer of funds Give “vacant possession” Confirm legal completion and release the keys Registration of Property

13. Types of “Product” available Open Market Purchase Shared Ownership - Part Buy / Part Rent Older Persons HOLD – Home Ownership for people with Long Term Disability Shared Equity Homebuy Direct http://www.southwark.gov.uk/info/200081/buying_a_ho me/669/social_homebuyhttp://www.southwark.gov.uk/info/200081/buying_a_ho me/669/social_homebuy