CONVEYANCING
Conveyancing is the legal process of transferring ownership of a property or land from one person to another. It starts from around the time the offer you make on a property is accepted, to shortly after you complete on the purchase and move in.
Initial Stages
- After instruction, our solicitors will send you a Client Care Pack which sets out their terms of engagement, confirms the charges within our illustration, and has some paperwork for you to complete and return.
- They will require a payment on account to cover the cost of the searches and details of how to pay this will be included within the Client Care Pack. This figure is included within the total cost in the illustration, and is not an extra fee.
- Our solicitor will write to the vendor's solicitor to check they have been instructed and request a copy of the draft contract and other details.
The Mortgage & lender
- As part of the application process for your mortgage, you will need to obtain (the lender will do this for you) a report for valuation purposes. You will also be given the opportunity to obtain (for an additional fee) a more comprehensive survey report. This you should discuss with your lender / mortgage advisor at the application stage to see whether this will be applicable for you.
- Having arranged your mortgage, our solicitor will receive from the lender a copy of the offer letter.
Before signing contracts, our solicitor will have confirmed and clarified items.
Exchange of contracts will take place. Our solicitor will do this for you, so other than you agreeing a date and time, you do not need to get involved with this. Having exchanged contracts, you are legally bound to buy the property. Feel free to give us a call to discuss your requirements.