Residential Property

There’s a lot of paperwork involved and a lot of decisions to be made when it comes to buying or selling a house. It’s strongly advised to seek legal assistance to support you through this process, so they can help you through it.

Residential Properties

How legal advice can help:

  • Negotiating deals and contracts

  • Setting up terms and conditions

  • Exchanging contracts

  • Managing completion day

What is involved in the conveyancing process?

For the purchase of a property:

  • Carrying out searches and check

  • Checking your mortgage terms

  • Making enquiries regarding the property

  • Drafting deeds

  • Registering you as the new owner

For the sale of a property:

  • Drafting contracts

  • Answering the buyer’s questions

  • Repaying your existing mortgage

What do I need to know about remortgaging a property?

To remortgage, you should start looking for a new mortgage deal before your current one ends. It can be complicated, which is why our solicitors are here to help. We can represent you when communicating with your new lender, conduct property searches, and deal with transferring funds on the completion date. On top of this, we offer assistance in:

  • Explaining the new terms of the offer

  • Requesting a redemption statement 

  • Dealing with the legal work for remortgaging a leasehold property

  • Final checks including carrying out search and investigating any changes to the property title

  • Arranging completion

What about a transfer of equity?

This is the process of changing the legal ownership of a property, including adding another person or removing someone. Reasons why you may be thinking about a transfer of equity include:

  • Adding your spouse to the property title

  • Removing your partner if you have separated

  • Sharing your property for tax planning purposes

  • Gifting a property

The process of transferring equity includes:

  • Confirming title documentation and registering any changes with the land registry

  • Checking whether stamp duty land tax is payable

  • Providing financial statements