Whether you're a layman looking to understand your own transaction or a lawyer needing assistance with a client's conveyancing our step by step sale and purchase guides will lead you through the process while our mini guides will break the whole thing into manageable chunks and give a deep insight into the key issues and stages. Leasehold, freehold, unregistered, registered – we've got it all covered.
Need help with a remortgage or transfer of equity / deed of gift? Our guides will walk you through the process and highlight some of the common pitfalls. Mortgages and transfers can be very simple procedures but complex issues can sometimes arise and mistakes are easily made. These guides will help you deal with them.
So you want to have a go at your own conveyancing? First you should read about the risks, then if you're still happy to proceed, our guides will take you through each stage of the process telling you what to look out for and helping you avoid falling into expensive traps. Our subscription service will give you access to all of the documents you should need for your conveyancing and we can even supply you with the Land Registry Official Copies you'll need. Our general guides will cover all the obstacles you are likely to face and offer a practical solution. Have a look at our sale and purchase guides too.
A big part of the conveyancing process is the conveyancing searches. This section tells you all about them. What they are, how and when to order them and how to interpret the results. Each search has its own guide and you'll see they are separated into Standard (should be done in every case), Regional (area specific) and Optional (not essential but often useful tools for the would be purchaser). All buyers should beware that when you buy a property, the law assumes that you have seen the information that would have been revealed by searches whether or not you have actually carried them out, so you buy the property subject to the results.
Using a conveyancer to handle your conveyancing will greatly reduce the risk to you and sometimes, particularly if you are taking out a new mortgage, you will have no choice but to instruct a conveyancer. The good news is it doesn't have to break the bank. Get a free, instant quote here. We can also help with quick easy quotes for other moving related services.
Are you looking for the documents you'll need for your conveyancing transaction? Or official copies of the title or other documents from Land Registry. We can help you. Follow the links below.
Tr1 has been sent to remove my name from marital home, but I am wondering can I pull out, I am waiting for an ID1 form, if I dont fill this in will the process collapse?
Sort of.
Technically once the TR1 is signed and dated, the transfer has completed. So you no longer have a share in the marital home.
Failing to supply an ID1 form (which they should have obtained prior to completion if you were self-representing) means they will probably not be able to register the transfer.
Effectively you will have transferred your beneficial interest (right to income in the property, proceeds of sale, etc) but not your legal interest (so you will still be named on the title and responsible for mortgage payments and so forth). To some extent you will have become a trustee holding the property on trust for the transferee.
If an ID1 is supplied much later (e.g. after a year) the Land Registry may require an explanation of delay. In the interim it may make it harder for the transferee to sell/re-mortgage the property.
The transferee's best option would be to take professional legal advice from a dispute resolution solicitor as to whether they could take you to court for an order for specific performance to complete an ID or for the court to make an order for the Land Registry to disregard the ID1 requirement in this instance and complete the registration.
You cannot, however, cancel a transfer that has been completed. I guess theoretically you could both tear up the TR1 by mutual agreement, cancel the HMLR application and pretend it never happened, but that would not be the right thing to do because it has happened. The right thing would be to execute another TR1 transferring the property back into joint names and lodge that as well. Note that the actions in this paragraph would require you both to cooperate to restore the property to your sole name.
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