INSTRUCTION: We were instructed by the client to handle the legal transaction for the purchase of a new-build property.

ONBOARDING: Once the client was onboarded, we created a client portal profile, verified their identity and address, and assigned a case manager to support the client while the solicitor handled the legal aspects of the purchase.

REVIEW OF SALES ADVISE NOTICE AN AND LOAN APPROVAL: We reviewed the Sales Advice Notice and the client’s loan approval to ensure there were no onerous conditions.

ANTI-MONEY LAUNDERING CHECK: Given that the client received gifted funds, we conducted the required AML checks. All relevant documents were obtained from the client, thoroughly reviewed by our team, and found to be in order.

RECEVING CONTRACTS: We received and reviewed the contracts and title to the property, raising pre-contract enquiries.

CONTRACTS EXCHANGE, SIGNING, CLOSING DATE: Once the contract was in order, we arranged for the client to sign it, agreed a tentative closing date with the vendor, and received the signed contracts. We then returned the contracts to the vendor’s solicitors and submitted the loan documents to the lender for drawdown.

FINAL INSPECTION, FINAL SEARCHES AND COMPLETION: After the client’s final inspection confirmed everything was in order, we completed the final searches and transferred the funds to complete the purchase.

KEYS RECEIVED: Once we received the closing documents, the client received the keys.

COMPLETION: Although the client’s part was complete, we still have post-completion steps: stamping the deed, registering him with the PRA, notifying him once registration is complete, returning the title deeds to the lender, and closing the file.