RESIDENTIAL CONVEYANCING SALE AND PURCHASE
What our fees include:
- Investigating the Title, reviewing information forms and supporting documents provided by the seller’s solicitors and commissioning relevant property searches.
- Drafting, negotiating and agreeing the Contract and Transfer Deed
- Dealing with/ raising enquires
- Acting for your current/new mortgage lender and complying with their requirements
- Reporting to you on the Title, Lease and Searches
- Exchanging contracts
- Dealing with pre-completion searches and requisitions and arranging for execution of completion documents.
- Completing the purchase/sale
- Purchase- Filing SDLT return on your behalf and registering your ownership of the property at the Land Registry
- Sending to you or your mortgage lender the title deeds.
Our fees do not include:
- Any advice on SDLT planning, , CGT other tax issues
- Advice on the valuation or condition of the property including the Home Buyers Survey
- Advice on the suitability of your mortgage or any other financial arrangements. We will not review or advice upon any financial arrangements or financial documents
- If the property is leasehold, variation or extension of the lease or any consent to the assignment of the lease or preparing/ reviewing any deed of covenant
- Negotiating or re-negotiating heads of terms
- Disputes arising on or after completion
Factors which may increase our fees:
- Dealing with the lenders requirements if the transaction is partly funded from gifts
- Transaction involving new build or recently built properties
- If you are using Help to Buy/ISA
- In leasehold cases, the purchase or sale of a share of the freehold, variation or extension of the lease or any consent to the assignment of the Lease or preparing / reviewing any deed of covenant.
Typically these type of transactions can take anything from 6 weeks to 3 months to complete. The estimated time frame runs from when we have received your instructions and confirmation of instructions from other relevant parties to the transaction. These are of course estimates only, as matters which we have little or no control over may arise during the course of the transaction.