UK Property Conveyancing Roadmap
Your complete step-by-step guide from offer acceptance to completion
Investor Qualification & Initial Payment
Prior to working with an investor, a call will have been carried out to qualify the investor and determine:
- Budget: Total investment budget available
- Location: Preferred investment areas
- House Type: Property preferences and criteria
- Expected Returns: Target yield and capital growth
- Refurbishment Budget: Available funds for improvements
- Purchase Method: Cash, mortgage, or mixed funding
- Other Requirements: Specific investor needs
- Search Fee: Property sourcing fee structure
10% instruction fee paid before property search begins
Offer Accepted
Your offer is accepted by the seller and confirmed by the agent.
Submit Proof of Funds
A recent bank statement or a solicitor/accountant letter is required before solicitors can be instructed.
Appoint Solicitor
We recommend UK solicitors experienced with overseas buyers. You'll need to provide:
- Certified ID (passport)
- Proof of address (utility bill or bank statement)
- Signed client care letter
AML & KYC Compliance
Anti-money laundering checks must be completed. Required documents:
- Certified passport
- Proof of address
- Source of wealth declaration
- Company documents (if buying via UK Ltd company)
Choose Ownership Structure
Decide whether to buy in your personal name or via a UK limited company (SPV). We can assist with setup and provide access to trusted accountants.
Mortgage Application (if needed)
If using finance, begin the application with a lender that accepts overseas buyers. We can recommend suitable brokers if required.
Memorandum of Sale Issued
This confirms formal solicitor engagement on both sides.
Now pay 40% of remaining Bullseye Properties' sourcing fee
Receive Solicitor Paperwork
Complete and return engagement letters, ID forms, and search authority forms.
Pay for Legal Searches
Local authority, drainage, and environmental searches are initiated.
Instruct a Survey (Recommended)
We can help arrange a RICS survey for peace of mind. Survey options available:
- Condition Report: Basic overview of property condition
- Homebuyer Report: Standard survey for typical properties
- Building Survey: Comprehensive structural assessment
Survey Access & Report
We coordinate access with agents and sellers. Report typically delivered within a few working days.
Contract Pack Issued by Seller's Solicitor
Legal documentation package received from the seller's legal team.
Title Check and Legal Review
Your solicitor checks for legal risks, restrictions, and reviews Land Registry entries.
Enquiries Raised
Your solicitor raises specific questions about the property, lease terms, boundaries, planning, etc.
Replies to Enquiries Received
Seller's solicitor provides responses to all raised enquiries.
Legal Documents Signed
Your solicitor will send contract, TR1 form, and mortgage deed (if applicable) for signature. Can be completed electronically or by courier.
Agree Completion Date
Both parties agree on a target date for exchange and completion.
Exchange Deposit Paid (Usually 10%)
Deposit must be received in full by your solicitor in GBP.
Buildings Insurance Arranged
Must be in place from the day of exchange.
Exchange of Contracts
The transaction becomes legally binding. You are now committed to purchasing.
🎉 Completion
You receive the keys and legal ownership is transferred.
Pay the final 50% of Bullseye Properties' sourcing fee