Selling My Property
Step 1: Finding a Purchaser
The first step in selling your property is to engage an Estate Agent for the purpose of advertising your property for sale. When a satisfactory offer has been received and the booking deposit paid the Estate Agent will forward a sale advice note to your solicitor. The sales advice note will detail the purchase price, the property address the address of the purchaser’s solicitor.
Step 2: Title Deeds
It is necessary to locate the title deeds when selling the property. If there is an existing mortgage on the property then the title deeds will be most likely held by the bank that provided the mortgage. Your solicitor will arrange to obtain the title deeds from the bank on. The bank will usually charge an administration fee for releasing the title deeds.
Step 3: Contract for Sale
Once your solicitor has received the title deeds he/she will investigate title and proceed to draft the contracts for sale. The contracts for sale are sent to the purchaser’s solicitor. Once the purchaser’s solicitor is satisfied with the contracts he/she will arrange for the purchaser to sign and return them to your solicitor together with the deposit. The deposit is usually 10% of the purchase price.
Step: 4 Questionnaire
The purchaser’s solicitor will send a questionnaire to your solicitor known as “Objections and Requisitions on Title” to be completed by your solicitor. Once the purchaser’s solicitor is satisfied with the responses he will forward a draft transfer document for your solicitor’s approval.
Step: 5 Preparing for Closing
Your solicitor will then prepare the closing documents and arrange a date for the purchaser’s solicitor to attend his office for the purpose of closing the deal. Your solicitor will also arrange for you to attend this meeting in order to sign the closing documentation.
Step: 6 Redeeming the existing mortgage
Your solicitor will write to the bank to obtain redemption figures to i.e. to ascertain the outstanding balance on your existing mortgage. Your solicitor will arrange to discharge this mortgage from the purchase funds so that the purchaser will obtain a clear title.
Step: 7 Closing
On the closing date the purchaser’s solicitor will attend your solicitor’s office where the closing documents, keys and alarm code (if any) will be exchanged for the balance purchase price.
Step: 8 Completion
Your solicitor will arrange to discharge the outstanding mortgage from the proceeds of sale with the balance proceeds being paid to you. At this stage your solicitors fee will be payable.
Highly recommended! Thanks again!
The professionalism and clarity were very helpful and needed.
I would absolutely use them again!
From the outset, Michael demonstrated an exceptional grasp of both the legal and practical dimensions of my case. He guided me through the eviction process with clarity, precision, and unwavering support—ensuring that every step was handled lawfully, respectfully, and efficiently. What could have been a prolonged and stressful ordeal was instead resolved with remarkable speed and minimal disruption, thanks to his strategic approach and calm demeanour.
Following the eviction, Michael seamlessly transitioned into managing the conveyancing for the sale of the property. His attention to detail, responsiveness, and ability to anticipate potential hurdles made the entire transaction smooth and reassuring. He kept me informed at every stage, liaised effectively with all parties involved, and ensured that the sale was completed without delays or surprises.
What truly sets Michael apart is his integrity and genuine commitment to his clients. He treated my concerns with empathy and urgency, and I always felt that my case was in safe, capable hands. His communication was prompt and clear, and he never hesitated to go the extra mile to ensure everything was done properly.
I wholeheartedly recommend Michael and MB Solicitors to anyone seeking legal support in property matters. His professionalism is matched only by his kindness and reliability. I am incredibly grateful for his help and would not hesitate to work with him again in the future.
Thank you, Michael, for everything.
Warm regards,
Michael was always clear, professional, and thorough in his advice, giving us confidence at every step. Sinead was fantastic at keeping us updated and ensuring all the details were taken care of promptly. Together, they made an excellent team; approachable, efficient, and genuinely supportive throughout the journey.
As first-time buyers, we had plenty of questions, but nothing was ever too much trouble. Their communication was excellent, and they always made us feel reassured and in safe hands.
We’re so grateful for their guidance and would highly recommend MB Solicitors to anyone looking to buy their first home or needing legal support. Thanks for everything!
Thanks again MB solicitors Team (5/5 experience)
Michael is extremely professional whilst still maintaining a personal touch.
I will be continuing to use Michael for the foreseeable future.
He explained the process in detail, making everything so much easier to understand, and was always quick to respond to my questions. His support made the whole experience stress free. Highly recommend!
Having known Michael Burns for 5 years he is the only solicitor I turn to for advice on Planning and Property law. Whether it’s buying or selling a property or advising on the Planning Acts Michael identifies all the relevant issues but gives solutions not problems. Always professional, quick turnarounds do not compromise quality at MB Solicitors. I would have no hesitation in recommending Michael.