• Completing the Conveyancing Transaction

    Completing the Conveyancing Transaction

    Completion Day Order of Events The buyer's conveyancer should ensure that he has both the mortgage funds (if a mortgage is required) and funds from his client no later than the working day before completion. This is because the funds will most likely...

  • Land Registry Pre-completion Searches

    Land Registry Pre-completion Searches

    The purpose of the pre-completion searches is to prevent entries being registered against the property (or in the case of the bankruptcy search, the purchaser) from exchange of contracts up to the completion of the registration process, so that the b...

  • Application for Registration

    Application for Registration

    Making the Application for Registration (AP1) What is Registration? Registration is the process by which a land transaction (such as a purchase, remortgage, transfer of equity, deed of gift etc.) is notified to H M Land Registry and by which the regi...

  • Requisitions on Title

    Requisitions on Title

    What are Requisitions on Title? These are a set of questions, usually in the Law Society's standard Completion Information and Requisitions on Title form designed to ensure that certain key information is obtained prior to completion. They are r...

  • Stamp Duty Land Tax (SDLT)

    Stamp Duty Land Tax (SDLT)

    It is recommended that the whole of this section is read before proceeding to exchange of contracts. What is Stamp Duty Land Tax? Stamp Duty Land Tax (SDLT) is the new name for stamp duty. Stamp duty is a tax payable on property purchases. It is char...

  • Transfer Deed

    Transfer Deed

    Introduction This chapter explains how to draft the property transfer deed, which is the document which is submitted to HM Land Registry to transfer ownership of the legal title to land. If you are looking to carry out a property transfer yourself th...