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stamp obligation and many others. Disbursements - The fees your solicitor has to pay to others on your behalf e.g. Mortgage - This can be a mortgage that can assist you pay for the property you are trying to purchase. This is also called conveyancing. Land registry fee - A fee paid to the Land Registry to register the possession of a property. Deed - A formal doc stating the proprietor of the property and who it is being transferred to. |
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The full purchase value (minus any deposit already paid) is received by your instructed solicitor on the day of completion, and the brand new owners can move in. The instructed [solicitor news](http://www.kosmodromstudio.com/comment/html/?31023.html) will contact the client's solicitors to exchange contracts, confirming that each you and the buyer have signed and dated the contract. The instructed solicitor will obtain a closing redemption statement from your mortgage lender and particulars of your property agents' fee. |
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