What is a memorandum of sale?

Once you have registered your interest in a property and all financial checks have been completed so that we know that you can afford the property, the process to proceed with the sale begins. The memorandum of sale will then be sent to you and your solicitor and is the document that outlines all the information relating to the property. It will include the following:

• The property details
• The price
• Details and cost of any service charge
• Terms and conditions of the lease
• Details of any deadlines that must be met for the sale to complete.