What are missives?

Описание к видео What are missives?

We’re often asked what missives are and at what stage they occur in the property buying process. In this video I am going to explain what missives are and why they are important when you are buying or selling a property.

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Missives are the common name given to the various letters that pass between purchaser and sellers’ Solicitors when buying or selling a property in Scotland. They are in effect the creation of a contract for the sale or purchase of property. They pass between solicitors once the basic terms have been verbally agreed.

In the process of these missives, your solicitor will ask you a number of questions which will form the basis of the contract and the content of the missives.

To find out more about the next stage in the buying process watch the other videos in this series.

How does the house buying and selling process work?
   • How does the house buying & selling p...  

Buying a house in Scotland. The conveyancing process explained.
   • Buying a house in Scotland: The conve...  

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