By Frances Traynor
14th March 2018
"Teamwork is critical for a quicker move."
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14th March 2018
Homeward Legal’s unrivalled customer service has garnered a flurry of
14th March 2018
House buyers in Wales will pay a new land tax when they buy a property over a certain price from...
Our solicitors carry out all the conveyancing work for your house move for a fixed fee.
You will not be charged any solicitors fees, if for any reason your transaction does not complete.
With local experience, our solicitors will lead you through the whole of your sale or purchase.
No additional fees whatsoever.
Successful conveyancing is as much about having a rounded understanding of the practicalities involved in buying and selling a property as it is about a thorough command of the legal process.
Below we feature some recent common questions asked by home movers.Q.
The lack of clarity surrounding this point catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many firms promote 'the cheapest conveyancing quotes'. Unfortunately additional costs are often hiding in small print. Any costs needs to be fair and only come into force where your lawyer must perform additional tasks for you, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.Q.
No. Homeward Legal's solicitors never hide any hidden extra fees. You should be aware that some solicitors do not give accurate quotes, only estimates. The final bill you receive may be much more.Q.
Conveyancing searches applied for by the UK conveyancer should also include a far more detailed search (Landmark) if required.
If you are still nervous you could contact a local resident.Q.
During the course of the conveyancing transaction your solicitor will make a number of enquiries of the local authority. These enquiries are known as 'searches' and their findings will be reported back to you in the 'Report on Title'. Prior to submitting searches your solicitor will identify the correct local authority.
You may wish to identify the relevant authority in advance however, as it will have a bearing on things like council tax, local services and so on. Visit the Government website https://www.gov.uk/find-your-local-council which can identify the relevant authority from a postcode.Q.
It is firmly advised that all purchasers in the UK book an inspection. There are a range of defects that can affect a property. These can include cracked roof tiles. These will not be reported on by a solicitor.Q.
New owners will often be frustrated with the lack of formality around what fixtures and fittings should be included in a sale. Sometimes this list isn't 'firmed up' until the transaction nears completion. Fixtures and fittings can also form post offer negotiations.
Usually however, and to avoid confusion, an approximate list will be agreed by the buyer and seller prior to offer, and the seller will note these in the formal conveyancing form known as the 'FFF' or 'Fixtures and Fittings Form'. This form confirms in detail what will be sold with the property and forms part of the contract of sale.Q.
If you are obtaining a mortgage, your lender will mandate a solicitor to get obtain a Local Authority Search (possibly an official search although some accept personal searches), an environmental search:, and perhaps specific local searches, like a Coal and Brine.Q.
Gazumping occurs when a property seller acknowledges an offer, then dismisses it, choosing instead a greater offer.
Though being gazumped is uncommon when property prices are falling, there is still a chance. Instructing a law firm early should help to mitigate this risk.
'Gazundering' is effectively the opposite of Gazumping and is not uncommon in the market once again. Gazundering is when a buyer reduces their offer at the contract negotiation phase usually during the conveyancing processQ.
Your property lawyer will contact the governing council to discover the latest council tax charges which will then be added to the report on title. Up-to-date rates for UK are set out in detail online at the local authority website.Q.
The key to faster conveyancing is to instruct a proactive, communicative property lawyer. However, there are several things you, as the purchaser, can also do to get moving sooner. These including, asking for property searches to be ordered immediately, responding to your property lawyer by phone, fax or email wherever possible and getting your mortgage offer in place.Q.
Conveyancing searches are a commonly-used bundle of queries carried out for the buyer. Buyers should be aware that, searches cover solely legal-related matters.Q.
There is no reason why a seller shouldn't carry out the conveyancing on your own. In reality however, a solicitor takes care of a huge number of exercises such as chasing missing documents or interpreting management accounts some of which require a skilled professional.
In addition legal practices will take out insurance cover that protects you in the event of any failures on the part of the solicitor.