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.
The vendor has suggested as we were concerned the house we are buying needs a little cosmetic work done, hes so keen not to lose us as buyers (i know the man on a professional basis & hes going through an expensive divorce, so we are aware of his situation), that if we wanted to save funds for cosmetic work on the property, that he would accept £320k offer on the property, but would pay us £5k of the stamp duty (his solicitor said this can be made as a gifted deposit).
If we/you inform Santander that the vendor will proceed on the basis of £320k (i.e £304k mortgage + our £16k deposit), he will then pay us back the £5k stamp duty via transfer between solicitors after completion of the sale. It will be no problem in paying hmrc the stamp duty because apparently that only has to be done within 28 days of the sale completion. Essentially he is saying he will accept £315k for the property, but we pay £320k, so we dont have to pay stamp duty from our savings & that from the lenders funds, he then pays us back £5k. The vendors solicitor says we shoukd inform tge lender of this though. Any advise gratefully received. Regards
We dont suspect this has any effect on the ltv rate because a/we are still paing a 5% deposit of £16k of the £320k purchase price and b/ the property has a market value of approx £350k.
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