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A step by step guide to UK Property conveyancing STEP 1: ONLINE PROPERTY CONVEYANCINGThe first step in UK property conveyancing is when the seller's solicitor sends us a CONTRACT which contains all the details of the transaction. Where the seller's ownership of the property is regestered the seller's solicitor will send us a copy of the seller's ownership document (a LAND or CHARGE CERTIFICATE). If the property is leasehold the seller's solicitor will also send a copy of the lease. We then make our own investigations about the property on your behalf. STEP 2: SOLICITORS EXCHANGE OF CONTRACTSExchange of contracts takes place when you sign your contract, the seller signs their contract, and they are exchanged between legal conveyancers. Your deposit will also be handed over. The transaction is now binding and if you back out, you could lose your deposit. The insurance of the property will be your responsibility from exchange of contracts. If you are obtaining a mortgage, your morgagee or financial adviser will make the insurance arrangements. STEP 3: COMPLETIONIn order to effect a smooth transition, it is important to make arrangements for changing over such services as the electricity supply, the gas and telephone as well as the rates. See the action checklist. Legally, completion takes place when the money required to complete the purchase is handed over and, in return, we receive the deeds of the property and the keys. In practice, the keys are often left with the estate agents for you to collect after completion. WHAT CAN OUR SERVICE DO FOR YOU?It is a simple way of dealing with us and getting you to your dream home. We also provide a remortgaging service for those who just want a additions to their home. All the services we provide are set up in a simple and easy to use manner. The only thing you need to do is fill out all the relevent boxes and click on the calculate total button and this will give you a quotation. If you like the price we show you and the form is acceptable then click on the "YES I WANT YOU TO ACT FOR ME" button And we will do the rest. Yes it's that simple!! |
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© 2007 AD Varley & Co - Conveyancing specialist solicitors providing online conveyancing quotes for buying, selling and remortgageing your home. |
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