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 in the process of remortgaging and I wish to put my new wife jointly on the title deeds of our home. The lender has said that I need to take out insolvency indemnity insurance. Although I am gifting my wife half the property my name is still on the other half. Can someone please explain.
You are giving away half of the equity in your property. People will sometimes give away assets or parts of assets if they are about to become insolvent in the belief that by giving something to a close friend or family member (in this case half of the equity in the house) their creditors will not be able to make a claim on it. In fact insolvency law allows the trustee in bankruptcy to overturn a transaction if it appears that the purpose of the transaction was to put an asset beyond the reach of the bankrupt's creditors. He can do so up to 5 years after the transaction took place.
The risk to your lender therefore is that if you became bankrupt after taking out the new mortgage the trustee may overturn the transfer which would mean that as well as your wife losing her half of the equity the lender would lose its charge. That is what the indemnity insurance is for.
It does not mean that anyone is suspicious about your motives for the transfer, they simply need to cover all eventualities.