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Masson Cairns LLP : Conveyancing
Buying Process in Brief
Offer Procedure
Noting Interest
Surveys and Valuations
Closing Date
Offer Procedure
Contract / Missives
Conclusion of Contract / Missives
Deposit
Title to Property
Key Differences (Scotland & Rest of UK)
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- Decide to buy
- Appoint a Masson Cairns solicitor
- Start house-hunting
- Ask Masson Cairns to note interest in desired property
- Commission survey
Survey unsatisfactory? Negotiation or withdrawal of offer (return to 3)
- Survey satisfactory
- Wait for closing date
- Make an offer
Offer rejected? Negotiate offer or return to 3.
- Offer accepted
- Complete mortgage application
- Adjust terms of missives
- Missives concluded
- Conveyancing procedure
- Insurance and mortgage funds requested
- Mortgage documents signed
- Full price exchanged for deeds and keys
- Stamp duty and Registration of title deed
- Confirmation of title change
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