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,
me and my husband remortgaged our residential property recently taking out some additional borrowing.
The further advance was transferred to our joint account upon completion of the remortgage as we own the residential property jointly.
Now I want to use my half of that further advance (not a penny more) towards a purchase of a BTL under my own name and the rest of the deposit towards the purchase of this property I am funding from my own savings.
I have provided my solicitors with proof of all that, i.e. the remortgage completion statement and the bank statements showing the transfer of the further advance from solicitors to our joint account as well as bank statements from my savings accounts.
They claim that that any monies that are being used from a joint account, will be classified as a gift… and they’re asking me to fill in a donor gift pack, requiring verification of my husband, proof of funds etc. plus there is obviously an additional fee dealing with this.
I don’t agree with that. Half of the further advance is mine as we have equal ownership in the residential property so why would it be treated as gifted?
I don’t want to deal with additional verification, explaining the matter to the lender as well and unnecessary delays where we are just before the exchange, especially that this case doesn’t fit the definition of gifted deposit as far as I understand.
Please advise. Thanks
It wasn’t those idiots, Convey Law Ltd, was it?