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Checklist for house viewing
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Selling residential property
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Owning joint property
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Transferring equity
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Stamp Duty Land Tax
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