Transparency Conveyancing

/Transparency Conveyancing
Transparency Conveyancing2018-12-07T14:52:21+00:00

Conveyancing

Our fees depend on the purchase/sale price of the property and the type of transaction. You can calculate our professional fees and disbursements (costs related to your matter that are payable to third parties such as search fees) by using our online quote calculator or simply telephone us on 0808 274 0822 to speak to our friendly team.

Additional charges can sometimes apply depending upon the transaction and it’s complexities. Details of our additional charges are set out below.

Click here to see to details of additional charges

How long will it take?

How long it will take will depend on a number of factors. The average process takes between 8-13 weeks. It can be quicker or slower, depending on the parties in the chain and the work involved in the transaction.

Stages of the process

The precise stages involved in the transaction will vary according to the circumstances;

Buying

In a straightforward property purchase key stages are as follows:

  • Take your instructions i.e. details of the property to be purchased etc.
  • Obtain a draft Contract from the Vendor’s Solicitors.
  • Obtain all relevant Conveyancing Searches that are applicable to the property.
  • Raise standard Enquiries of the Vendor’s Solicitors re: Boundaries, Fixtures and Fittings, building works carried out etc.
  • Investigate Legal Title.
  • Receive a copy of your mortgage offer from your Bank or Building Society.
  • Report to you on the property that you are purchasing and obtain your signature on all the legal paperwork and obtain your deposit monies.
  • Discuss dates of completion with you and the rest of the Conveyancing chain.
  • When all of the chain is ready we exchange contracts- this is the stage where the date of completion is legally fixed and there are legally binding obligations on all parties to the Conveyancing chain.
  • Carry out the completion searches.
  • You may move in on the date of legal completion.
  • We register you as the new legal owners of the property at the Land Registry.

Selling

In a straightforward property sale key stages are as follows:

  • Contact your Estate Agent (if any).
  • Obtain up-to-date redemption figure(s) on any financial charges.
  • Prepare and send out a draft Contract to your Purchaser’s Solicitors.
  • Reply to any enquires sent to us by your Purchaser’s Solicitors.
  • Arrange for signature of the legal documents.
  • We would then be in a position to discuss dates for completion.
  • Exchange contracts-this is the stage where the date of completion is legally fixed and there are legally binding obligations on all parties to the Conveyancing chain.
  • On the date of completion you must vacate your property.
  • We redeem any financial charges and account to you with any net proceeds of sale.

Remortgage

In a straightforward property remortgage key stages are as follows:

  • Take your instructions i.e. details of the property to be re-mortgaged.
  • Apply for a Local Council Search of your property.
  • Receive a copy of your mortgage offer from your Mortgage Lender.
  • Investigate Legal Title on behalf of the Mortgage Lender.
  • Carry out various final Searches of a technical nature (i.e. bankruptcy)
  • Obtain a settlement figure from any existing Lender.
  • Preparation of a completion statement which is forwarded to you for your approval.
  • Report generally to and request the advance monies from your new Lender (they require at least five working days notice).
  • Complete the Re-Mortgage transaction.
  • We register the changes at the Land Registry.