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.
what is reverse deposit when buying a house
There is no such thing as a "reverse deposit". I can only think that you are referring to a "reverse release". During the process of exchanging contracts, where there is more than 1 property in the chain, a system has developed to ensure that contracts are either exchanged on all of the properties or none, to avoid someone being left for example having exchanged contracts to purchase a property for which they are relying on the proceeds of a sale of their current property, only to find that they do not exchange on the sale.
The system involves the solicitor acting for the buyer at the start of the chain "giving a release" of the contract to the solicitor acting for the seller of that property. This means he is agreeing that provided the seller's solicitor contacts him prior to an agreed time (which must be later the same day) he will complete the exchange with him. The seller's solicitor can then go ahead and exchange contracts on his client's connected purchase (or if necessary give a release himself) knowing that provided he does so before the deadline he will be able to exchange on his sale.
It is usual to start at the bottom because that is where the deposit, which will travel up the chain, starts from however sometimes, usually because there is pressure to get exchanged that day and the solicitor at the bottom isn't quite ready but expects to be later that day (for example after his client transfers the deposit or drops off some signed papers) the exchange will start from the top, in which case the initial release of the contract is known as a "reverse release".
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