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.
Hi, I’m buying a flat and my solicitor has highlighted that there is no internal layout plan in the lease showing the flats and shared internal areas which they think there should be and in the definitions it refers to “shared internal areas shown on a plan “and the legend on the lease plan refers to the wrong plot no even though the correct flat building is edged red. I am also allocated a parking space in the lease but that space is not referred to on the plan as the wrong plot legend has been used but it is referred to in the lease wording. Do we need a deed of variation or would an indemnity policy cover these issues . I am unsure and my solicitor thinks the lease is badly drafted and would like a deed of variation with new plans . Thanks
Indemnity policies are intended to be used for one of two reasons - either as a last resort where correction of the issue is not possible (or not feasible), or to cover off a purely theoretical problem, usually to satisfy a mortgage lender or an overly cautious buyer. All too often they are used inappropriately by lazy or inexperienced conveyancers to avoid doing what actually needs to be done. In your case, assuming the landlord is around and and is willing to cooperate, it should be fairly simple to vary the lease and correct the problem once and for all. A seller will often push for an indemnity policy because for him that would be cheaper and quicker, and once he has sold the problem is passed on to you.
In reality, the risk here may not be one that insurance will help with, because there is nothing in what you describe which is likely to lead directly to financial loss. The real problem is that future buyers, and mortgage lenders, are likely to look at the title in the same way as your conveyancer is now, so that you may struggle to sell or mortgage the property in future without either spending money correcting the defect or reducing the price. neither of these "losses" would be insured.
As a general commentary, I'd add that in a typical conveyancing transaction, the only party you deal with who has your interests and yours alone at the forefront of his thinking is your own conveyancer, so it makes sense to follow his advice.