Draft contracts will be drawn up by the Sellers solicitor and be forwarded to the Buyers solicitor for consideration in preparation of exchange of contracts. Once the contract has been signed by both parties, a deposit (usually a small percentage of the purchase price) is paid by either bank transfer or bankers draft. At this stage all parties will agree a date for completion to take place.
Completion usually follows a few days or weeks after exchange of contracts. The balance of the purchase price is transferred by the Buyers solicitor to the Sellers solicitor and the keys are released. You are now the proud owner of your new home.
"Having used a number of Letting Agents previously we are really happy with the service provided by Cherwell Property Services. Lucy and the team are always on hand to provide support throughout the letting process and we have found them to be a great comfort. We always feel that their responses are well considered and they always provide a fantastic service for finding and screening prospective tenants and also dealing with queries and issues during tenancies. It provides great peace of mind knowing that we have found agents that we can trust and also have the experience to make sure everything is managed properly. "