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.
I am filling out a TR1 for transfer of a FMH to my ex-wife. Her legal representatives are demanding this following additional comment in Box 11 of the form 'Raffaella Smith covenants with Joseph Richard Smith to observe and perform the covenants set out in the Charges Register so far as they are still subsisting and capable of taking effect and to keep Joseph Richard Smith indemnified against any breach or non-observance thereof Joseph Richard Smith hereby declares that he is neither insolvent nor will become insolvent as a consequence of this Transfer'. my ex-wife does not earn enough money for the mortgage to be transferred as well, so I have to be kept on the mortgage. Does this additional comment NEED to be in?
The first part, where she covenants to observe the covenants in the charges register and to indemnify you is for your benefit. The second part about declaring that you are solvent is probably superfluous given that no new mortgage is being taken out. The idea is that if you transfer your assets for less than market value because you believe you are about to become insolvent and want to put them out of the reach of your creditors the Official Receiver can, if you do become insolvent and there is sufficient evidence that you were deliberately avoiding creditors , overturn any transfer of your assets so that they can be sold to satisfy your creditors. The declaration of solvency by you at the time of the transfer can be used as evidence to defend an action by the Official Receiver to overturn it. It wouldn't help your ex wife if she isn't paying any money for the share and there isn't a lender to protect (your lender's security wouldn't be affected as it pre-dates the transfer) so there is noone to protect. Plus if there is a Consent Order in place then the Official Receiver can't use his powers to overturn an order of the court. Having said that, if you are solvent and will remain so then making the declaration does you no harm