Help and Advice

Navigate your conveyancing journey with confidence. Explore our expert guidance and resources for informed decisions and seamless transactions.

Let’s get to The Basics

What is Conveyancing?

Conveyancing is the legal part of the house buying and selling process. It is required by law that specific parts of the process are undertaken by regulated law firms, like us, and the people that conduct the work are your conveyancers

What is exchange and how does it work?

Exchange, or “exchange of contracts” is the moment the agreement for the sale of the property is made legally binding by the conveyancers for each party, over the phone. It is the point at which the actual completion date, the day you move in/out of the property is fixed. A deposit of 10% of the purchase price is usually paid to the seller’s conveyancer at the time of exchange of contracts

What’s the Process of conveyancing?

Conveyancing involves legal steps to transfer property ownership. It begins with an offer acceptance, followed by searches, inquiries, and contract preparation. Upon exchange, parties are legally bound. Post-exchange, final checks, mortgage arrangements, and settlement occur. The process concludes with the transfer of funds, title deeds, and registration, marking the successful transfer of property ownership.

What is a Search Indemnity?

Search indemnity is an insurance policy to protect against any financial losses a property owner incurs as a result of undisclosed issues that would otherwise have been revealed by search results, if they had been obtained. It provides peace of mind while also ensuring the purchase transaction can progress quickly and smoothly, avoiding delays in awaiting search results.

Get the best advice

Get advice from the best, whether it be buying a house or selling it or both! Here are some of the most important pieces of information on Conveyancing.

Help to Buy Alternatives

As of 31st March 2023, the government’s Help to Buy Scheme will no longer exist. However, it is important to note that applications for the scheme closed on 31st October, so you can no longer apply. Applications closed in October, so there would be enough time to legally complete before the scheme ends.

2023-01-05

What is Inheritance Tax?

The majority of estates are not large enough to incur Inheritance tax; however, you should still consider it when making your will. For those that do have large estates, inheritance tax can cost loved ones thousands of pounds, but there are ways that this can be reduced.

2023-01-05

Selling Your Home With a Help to Buy Equity Loan

The Help to Buy scheme was first introduced in 2013 to help first-time buyers get onto the property ladder. But what happens when you want to sell your home with a Help to Buy equity loan? Many people are unsure of what’s involved, who they need to contact, and the additional costs associated with selling a home with a Help to Buy equity loan.

2023-01-05

Understanding The Different Types of Mortgages

Choosing the right mortgage can feel like a lot of pressure, especially when there are so many options on the market. From interest-only to repayment and fixed rate to standard variable rates, it is essential that you choose the right mortgage for you; otherwise, it could cost you thousands.

2023-01-05

Tips for First-Time Buyers

A first-time buyer has never owned a freehold or leasehold property in the UK or abroad and is buying their only residence. With the cost of living crisis, it’s becoming increasingly harder for first-time buyers to get on the property ladder, so we have compiled a list of tips to help first-time buyers as much as possible.

2024-02-14

Questions to Ask Your Conveyancer

Before choosing the right conveyancer for you, it is important that you ask the all-important questions so that you have the best understanding of who you are trusting to help your moving process go as smoothly as possible.

2023-02-24

Online vs Local Conveyancing: Which Is Right For You?

Buying a house is an exciting prospect. However, it has also been found to be one of the most stressful life events, just behind the death of a loved one, divorce and job loss. One study found that four out of 10 homeowners said buying a house was one of the most stressful life events they had ever experienced. But don’t worry; there are steps you can take to reduce the stress of buying a house, such as finding a reliable conveyancer.

2024-03-06

Buying a Second Home: Financing Options, Costs and Responsibilities

Many people dream of owning a second home. Whether it’s a holiday home, a place to stay in the city, or a buy-to-let investment property, there are a lot of factors you need to consider before you take the plunge. In this article, we explore the financing options, costs and responsibilities associated with purchasing a second home in the UK.

2023-04-06

Frequently Asked Questions

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