What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
Confused by the jargon in conveyancing? Let Homeward Legal's straightforward and clear service help guide you to as early a completion as possible. Try our online quote generator or call us on 0800 038 6699.
Which mortgage lenders in Filton do you work with?
Most lenders in Filton are on our solicitors' panels. Filton lenders and mortgage specialists include Bristol Mortgage Centre, 140 Whiteladies Rd, Bristol, BS8 2RS, New Era Financial Planning, 7 Madeline Rd, Bristol, BS16 3EN, and S P F Private Clients Ltd, Embassy House/Queens Av, Bristol, BS8 1SB.
Should I read about DIY conveyancing as a buyer of a house - Would it be a money saving idea to take care of DIY conveyancing without help.?
Should you want to try, you can feasibly engage in the legal and technical work without using Filton conveyancing solicitor.
All conveyancing professionals would suggest that DIY conveyancing would be a hazardous approach as do it yourself conveyancers will be working without suitable professional indemnity insurance which every firms and their solicitors always possess.
I want a fast solicitor in Filton - is that Homeward Legals solicitors?
Our conveyancers always take a highly speed focused plan of attack to completing the conveyancing and title transfer to meet the clients needs.
Our conveyancing lawyers will communicate end to end throughout the chain and utilise new automated practice management technology to finish the sale of your property fast.
What should I do about the transfer of ownership of the utility billing?
It is the responsibility of the former owners to inform the utilities firms (gas, electricity, water, etc.) that they are moving.
You should give your current suppliers at least 48 hours’ notice that you’re moving home and, when you leave your old property, you should take all the necessary readings and send them to your old supplier(s) along with your forwarding address, so that they can send you a final bill and sort out any credit you might be owed.
You should give your new utility suppliers at least 48 hours giving your personal details for the new property. When you move into your new property, you should take all the readings again and send them to the new suppliers so that they have a record of where to start the bills running.
I am buying in Filton. Are there many conservation areas in the area?
These specify areas registered as being of historical or architectural value. You may wish to contact the local authority if you have specific questions, but your conveyancing solicitor will investigate this in detail.