If the time has come to sell your home, or you’re thinking about buying a new one, you’ve come to the right place. Our conveyancing solicitors will guide you through the process, ensuring you receive practical and straight-forward advice every step of the way.
Purchasing or selling property can sometimes be a stressful experience. Our dedicated team of Conveyancing Solicitors offer a range of property services tailored to your specific needs, to ensure we make the process as hassle-free as possible.
Whether you’re searching for your first family home, downsizing, or looking for new commercial premises for your business, our team will be on hand to provide clear, prompt, and continued support from the initial offer right through to completion.
Whatever the property, and whatever the circumstances, our solicitors will manage all the legal complexities and paperwork involved in the conveyancing process.
What is Conveyancing?
The term ‘conveyancing’ refers to the legal process of transferring ownership (or a share of ownership) of a property from one party to another.
In the standard house sale and purchase process, there are three main stages of conveyancing, these are:
1. Offer and acceptance – at the point where an offer is accepted on a property by the current owner, solicitors must be instructed to investigate the title to the property, undertake searches and draft/review the sales contract.
2. Exchange of contracts – Once all the searches and investigations have been completed, both the purchaser and vendor will sign and exchange contracts, the buyer will pay a deposit and both parties will agree on a completion date. Once this stage has been finalised, neither party can back out of the purchase without incurring financial penalties.
3. Transfer of purchase funds and completion – between exchange and completion, the solicitor will draft the transfer deed, and the seller should finalise their mortgage (if required). On the date of completion, the purchaser will transfer the remaining funds owed to the seller’s solicitor. The Seller’s solicitor then arranges to pay off any existing mortgages, Stamp Duty, and estate agent fees. They return the transfer deed to the buyer’s solicitor and arrange for the keys to be released to the purchaser. The buyer’s solicitor legally registers the transfer of title with the Land Registry and any mortgages will be registered against the title to the property.
How long does the conveyancing process last?
Whether we’re acting for the buyer or the seller during the conveyancing process, the first question we’re usually asked is “how long will it be until we can exchange contracts?”.
On average, they conveyance of a freehold property takes between 8 – 10 weeks, and a leasehold property can take 10 – 12 weeks from the offer stage to completion.
Delays may occur to extend this process; however, at Simon Bethel Solicitors, we always act as quickly as possible should any issues arise, that could delay completion.
Our Conveyancing Solicitors
At Simon Bethel Solicitors, our conveyancing solicitors are fully qualified, practicing lawyers that will undertake the conveyancing process on behalf of a buyer or a seller.
Our team aim to make the process as simple and as straightforward as possible alongside excellent service and value for money. Your solicitor or a member of our team dealing with your file will be contactable throughout the process, while they work on your behalf. We keep our clients informed of what’s happening at every stage of the conveyancing process.
Our established relationships with estate agents, surveyors, mortgage lenders, brokers, house builders, developers, and other solicitors, combined with our hands-on knowledge, helps to minimise the possibility of costly delays or unforeseen issues arising. Furthermore, should an issue arise, our experience ensures we will be able to provide appropriate solutions to resolve matters in a timely and cost-effective manner.
We aim to provide a fast, efficient and value for money conveyancing service to all of our clients. Our hands-on team practise the latest conveyancing methods to ensure your property purchase or sale is as hassle-free as possible.
Our Conveyancing Services:
• Buying a house • Selling a house • Remortgaging • First-time buyers • Leasehold properties • Investment properties • Shared ownership properties • Help to Buy Scheme • Buying off-plan • Equity transfer • Equity release • Buying at auction • Property disputes • Planning law • Commercial property • Estate administration
Talk to one of our friendly family law solicitors today by calling 020 8297 7933 or emailing firstname.lastname@example.org.