At Fosters we have a dedicated team of professional and approachable property specialists who offer friendly and expert advice. We have extensive experience in helping our clients sell their property, and want to match your commitment to the process by providing quality and efficient service.
In most cases we are able to offer a competitive fixed fee for selling your property, so you can instruct us even before you have found a buyer. We will start the legal information and document gathering for you straight away so that the contracts are ready from the moment you accept an offer.
How we can help
When you place your property on the market or accept an offer, you will need to instruct your solicitor to prepare the contract documentation to send to the buyer’s legal advisor. Until the contract documents are sent, the legal investigation on behalf of the buyer cannot begin.
At Fosters, we see the importance in ensuring that everything is in place to begin that process without delay and we will liaise with you from the very start to gather all the legal documents and practical information we need concerning your property.
We will send to you the forms and questionnaires necessary to sell your property. Some of the questions are standard and are dealt with by the use of forms, but other enquiries may arise during the course of the sale which are specific to you, your circumstances and your property and we will require your assistance. We will let you know as and when such matters arise.
If you require any assistance with the forms or questions we are asking of you at any stage of the transaction, our property team will always be available to go through these with you.
Selling your property
In addition to legal costs, there may be at least some of the following to budget for when selling a property:
- Repayment of any mortgages or other loans secured on the property (if applicable);
- Cost of any essential work which may be required by the buyers or their lenders, which you have agreed to pay;
- Estate agent’s commission and VAT (if applicable);
- Capital Gains Tax, if you do not regard the property you are selling as your main place of residence;
- If you have had a local authority grant to assist with works of improvement to the property, please let us know as you may have to repay all or part of the grant;
- If you purchased the property from a local authority or a housing association, under the right to buy provisions, and if you were entitled to a discount when you bought, depending upon the period of time which has elapsed since the purchase, you may be required to repay the discount, or part of it.
Transfer of equity
A transfer of equity is a transaction where legal ownership of a property changes hands.
Our property experts can help you when a change of circumstances requires a person(s) to be added or removed from a title.
Law Society accredited
The Law Society awards accreditations to legal practices and solicitors who meet the highest standards of technical expertise and client service in specific areas of law. We are members of their Conveyancing Quality Scheme (CQS), which is the recognised quality mark for legal experts in buying or selling property, and is trusted by some of the UK’s biggest lenders.
Our client commitment
We are proud to hold national accreditation from both The Law Society and the Customer Service Excellence Quality Mark for our commitment to client care.
Across all our practice areas, we aim to provide high quality service to our clients and value their constructive feedback throughout our time working together, helping us to continually improve and maintain the high standards we set ourselves.