So, you’re ready to make an offer on a property – what happens next?
- Yasmin Howbrook
- May 6
- 2 min read
Updated: May 13
Great news – you’re about to make an offer on a property, and even better, you’ve chosen us as your conveyancers. So, what comes next?
Before you make the offer
Before submitting your offer, make sure you have all the necessary contact details from us. This includes relevant email addresses, telephone numbers, and any other information the estate agent will need to prepare the memorandum of sale once your offer is accepted.
Once your offer is accepted
Congratulations! Once your offer has been accepted, pass our details to the estate agent and ask them to send the memorandum of sale over to us as soon as possible.
Opening your file
As soon as we receive the memorandum of sale, we’ll open your file. At this stage, we’ll send you:
An ID check
Our client care letter
A request for proof of funds
A request for money on account
Any funds requested at this stage will be deducted from your final quote unless stated otherwise.
Waiting for the draft contract pack
We’ll then wait for the memorandum of sale to come through. This can sometimes take a few days, especially if the seller hasn’t yet instructed their conveyancer. Once received, we’ll confirm our instructions with the seller’s conveyancer and wait for the draft contract pack (DCP).
The DCP can take anywhere from two days to more than two weeks to arrive, depending on how quickly the seller completes the required property forms. If you’re purchasing a leasehold property, this stage may take a little longer.
Reviewing the contract pack
Once we have the draft contract pack, we’ll send it to you for review. After you’ve gone through it and let us know about any concerns, we’ll review your comments alongside the pack and raise all the necessary enquiries with the seller’s conveyancer.
That concludes the first stage of your transaction – from here, we move on to the second part - the draft contract pack.