Help and Advice
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
New Build Conveyancing Explained
With the government continuing to support the building of new homes, it is becoming more and more likely that the property you’re interested in buying will be a new build. New builds have many benefits; they’re a fresh canvas that you can make your own, chain free, energy-efficient, and they come with a new build warranty.
2022-06-29
What is Vacant Possession?
When a property is ‘sold with vacant possession’, it means that the property should be empty of tenants and furniture on the day that you complete your sale or purchase of it. The only items that should be left in the house, if any, are those that have been agreed with the buyer in advance and have been written into the contract.
2022-06-15
Do You Need an EPC to Sell Your House?
In order to sell or rent any property, with only a few exceptions, an EPC (Energy Performance Certificate) must have been applied for. These remain valid for 10 years from the date of the initial survey.
2022-06-07
How Do Solar Panels Affect Your Conveyancing?
Almost anywhere you go in the UK, simply look up onto the rooftops around you, and, chances are, you’ll see some black solar panels soaking up some sun. Whether you’re in the middle of a big city or looking across the fields to a farmhouse, solar panels are everywhere. That’s because there’s never been a better time to bring green energy to your home.
2022-05-12
What Does A Conveyancer Do?
Conveyancing can seem like a tricky subject to get your head around. For many, it’s a lot of legal buzzwords and jargon. People aren’t often familiar with what a conveyancer does, but that’s okay; it’s an incredibly specialised role.
2022-05-03
Leasehold vs Freehold. What's the difference?
As a first time buyer, choosing whether to purchase a leasehold or freehold property is one of those big decisions. But what’s the difference between them? What are the pros and cons for each? Let’s break it down.
2021-12-08
What is Gazumping and How to Avoid it?
There are few greater feelings in the house buying process than when your offer gets accepted. It feels like just a matter of time until you’ll be moving into your new home, and there’s nothing that can stop you now. Unfortunately, that isn’t the case; you need to watch out for Gazumping.
2021-12-01
When and how to switch conveyancers
If you feel as if your conveyancing solicitors have let you down during the process of your move, you still have options as a consumer. Changing conveyancing solicitors sounds like the last thing you’d want to do on top of all the other things to think about when moving, however a new solicitor may provide a faster and less stressful experience. If you have doubts about your current solicitor, you may want to consider a change for peace of mind.
2021-11-29
Frequently Asked Questions
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