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 buying a house that comes with a small patch of land at the bottom of the garden under a separate title number. The deeds for this patch of land are missing and my solicitor has provided a quote for a Missing Information insurance policy. The quote is for £330 which seems quite high considering that the patch of land is no larger than 30 square ft.
We have also been quoted for Restrictive Covenant insurance for the main house and garden (which covers a much larger area than the land at the back). The quote for this was £328.
The quote of £330 for the Missing Information insurance seems disproportinate. Am I right or is this typical for this type of insurance?
The cost of indemnity insurance is dependent on the limit of cover which is usually the value of the property insured. Presumable the solicitors have obtained missing particulars insurance to value of the whole of the property, not just the land, which is the correct approach.
It is NOT just based on the limit of cover, that is a little misleading. It also factors in the risk of any adverse claim that could lead to litigation. There is clearly a higher risk in this particular case, hence what is perceived to be a higher premium by the original poster compared to the value of the land. The risk factor is lower in certain types of indemnity cover (such as lack of building regulation consent).