CONVEYANCING                                        

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Residential conveyancing timescales can vary depending on several factors, including the complexity of the transaction and the efficiency of all parties involved.

 

Typically, the process take anywhere from 8 to 12 weeks from the initial offer to completion, but it may be differ based on specific circumstances, including whether there is a chain involved. It is essential to stay in regular communication with your conveyancer to ensure a smooth and timely process.

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What we offer you:​

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We know that buying and selling property can be stressful. We aim to take the strain from you whilst working together towards a speedy conclusion of the transaction. From the outset, we will discuss realistic timescales and do our very best to help you achieve those targets.

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We are here to make your property purchase and sale as smooth as possible.

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Our service includes a fixed fee quotation for complete cost transparency, delivered through your preferred method—telephone, post, or email.

 

You will have a dedicated conveyancing team led by Caroline Riley, ensuring you receive personalized support and updates throughout the process. Any legal issues will be explained to you and you will be advised fully. 

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We have a great relationship with many of our local estate agents and work alongside them to ensure your transaction is progressed quickly, and in line with any other transactions within a chain.

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 What we will need from you for a purchase:

1. Your identity documents. We have an obligation as part of the anti-money laundering legislation to check the identity of all clients instructing us in property transactions.  We use either an online company to assist securely with our checks or you can attend one of our offices in person with your documents for us to verify.

2. Details of how you plan to pay for the property. We are required to identify the source of funds that we receive from clients. We will provide a source of Funds questionnaire form for details upon instruction.

3. An idea of your timescale for moving. We try to work with your expectations for the timing of the transaction but it is important to bear in mind that parties enter the chain at different times and a chain can progress as fast or as slow as the slowest member in the chain or the last person to join it.

4. Whether you have any specific plans for the property. This helps us ensure we can quickly highlight any legal issues or restrictions which might affect your plans and give you advice on how you can work through these without it being a shock at a later stage of the transaction.

5. Whether you are buying with someone else.

6. Whether you own any other residential properties.

7. It is also important to make sure that you have made contact with your lender to check how much you can borrow and followed all of the steps needed to avoid delays.

 

Further useful information about the various steps buying your home can be found here:

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 https://www.lawsociety.org.uk/public/for-public-visitors/common-legal-issues/buying-a-home/

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 What we will need from you for a Sale, Remortgage, Transfer of Equity

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 1. Your identity documents –  we have an obligation as part of the anti-money laundering legislation to check the identity of all clients instructing us in property transactions.   We use either an online company to assist securely with our checks or you can attend one of our offices in person with your documents for us to verify.

2. Completion of the standard forms for residential sales. We would ask that you complete the forms as accurately as you can, we are here to help if there are any points you are unsure of.

3.Copies of documents - copies of any planning permissions, building regulation certificates, guarantees and service details for heating systems, building insurance.

4.An idea of your timescale for moving. We try to work with your expectations for the timing of the transaction but it is important to bear in mind that parties enter the chain at different times and a chain can progress as fast or as slow as the slowest member in the chain or the last person to join it.

 

Some further information on selling a home can be found here:

https://www.lawsociety.org.uk/public/for-public-visitors/common-legal-issues/selling-a-home

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Why Are We Different?

We value the personal touch – Once instructed, we will accompany you through the journey of the process to ensure the least disruption to your busy schedule and the least stress with our dedicated customer care in dealing with the legal aspects of the transaction. Our main aim is to get the transaction completed for you with due care and diligence.

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HOW LONG WILL MY HOUSE PURCHASE/SALE TAKE?

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take longer. If you are buying a leasehold property that requires an extension of the lease, this can take significantly longer.

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The stages of a residential property purchase and sale typically include:

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1. **Offer and Acceptance (1-2 weeks)**: The buyer makes an offer, which the seller can accept or negotiate.
2. **Solicitor Involvement (1-3 weeks)**: The buyer's solicitor conducts searches and reviews the contract.
3. **Survey and Mortgage (2-4 weeks)**: buyer arranges a property survey and finalizes mortgage arrangements.
4. **Exchange of Contracts (1 week)**: Once checks are complete, contracts are exchanged, and a deposit is paid.
5. **Completion (1-2 weeks)**: The final payment is made, and ownership is transferred to the buyer.

Overall, the process can take approximately 8 to 12 weeks from offer to completion.

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