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.
if I repay my mortgage early, must I get a solicitor involved? how do I transfer the deeds from land registry from the banks name to my own?
You don't need a solicitor. The bank are not owners so you don't need to transfer ownership. They hold a mortgage over the property. If the land is registered with Land Registry the mortgage will be noted on the register of title as a Charge. If the land is unregistered, the lender will be in possession of the deeds, including the mortgage deed you will have signed in their favour.
For registered land the lender will apply to the Land Registry electronically to remove the charge from the register. You should check with them two weeks after you have repaid the mortgage that they have done so and you should press them until they do. Once they say they have you can obtain a copy of the register and check for yourself.
If the land is unregistered they should send you the deeds including the mortgage deed in their favour which they should have "vacated". This means signed the vacating receipt - the part of the deed which says that al monies due under it have been received. They may also seal it with their company seal but this is no longer essential.
Hope this helps.
You need don't a solicitor, no. The title will not be in the name of the bank. It will be in your name and the bank will have registered a charge against the property. Once the mortgage is repaid the bank should either provide you with a "DS1" which you can either submit to the Land Registry immediately in order for them to remove the bank's registered charge or retain until you sell the property, or the bank will lodge an Electronic Notification of Discharge directly with the Land Registry and the Registry will then remove the registered charge. You should speak to the bank and make sure they do one or the other as otherwise when you come to sell the property (or someone else does) it may be difficult to obtain evidence from the bank that the mortgage has been repaid to satisfy the Land Registry (the account will be closed, records will be archived etc). If the bank are removing the charge electronically, you can obtain an up to date copy of the register once they confirm it is done so that you can check for yourself. You can order this at http://land-registry-documents.co.uk/order-documents
No you don't need a solicitor. You will already be registered as the owner, the bank will just have a Registered Charge. Once you have paid off the mortgage the bank should either send you a signed form DS1 or instruct Land Registry to remove the charge electronically. Call them and ask which they will do. If they discharge electronically then you should ask them to confirm once they have and check by getting a copy of the register from http://land-registry-documents.co.uk/order-documents
If they send a DS1 to you, you will need to send it to Land Registry with form DS2.