Category: Conveyancing

What is a Declaration of Trust?

What is a Declaration of Trust?

A declaration of trust is commonly used to define ownership rights in relation to a property where multiple parties have contributed to the purchase price. It acts a written record of the financial arrangement...

How to Complete ID1 Form Land Registry

How to Complete ID1 Form Land Registry

The ID1 form is intended to provide evidence of identity to the Land Registry for a private individual, making one of the following applications: a transfer of land or a transfer of a mortgage...

Exchange of contracts (What’s Involved?)

Exchange of contracts (What’s Involved?)

When buying or selling a property, the stage of the conveyancing process that makes the agreement legally binding is known as ‘exchange of contracts’. Up until the point that contracts are exchanged, neither the...

How Long Does Conveyancing Take?

How Long Does Conveyancing Take?

The residential conveyancing process can take anywhere from 6 weeks up to 6 months from start to finish. It can be difficult for a solicitor to advise exactly how long conveyancing will take since...

What is Freehold Property?

What is Freehold Property?

In England and Wales, there are two main categories of property ownership: freehold and leasehold. Your legal rights and responsibilities over the property and its land are determined by whether you own the leasehold...

What is a Local Authority Search?

What is a Local Authority Search?

If you are buying a property, a local authority search is carried out during the conveyancing process and for prospective buyers it will be known as a search within the ‘search pack’. The local...

Moving House Checklist

Moving House Checklist

Like most large projects it’s worth having a ‘moving house checklist’ to remind you of everything you need to action when vacating your current property and to keep you on track for moving into...

What Local Searches Reveal?

What Local Searches Reveal?

When you purchase a property, your Conveyancing Solicitor will recommend various local searches which they will request with the Local Authority or other third parties. This provides peace of mind with the buyer that...

What is a Remortgage?

What is a Remortgage?

Remortgaging is the process of switching your current mortgage to a new mortgage deal. This could be with your existing lender or a different lender. You don’t have to move home as the new...

6 Top Tips for Moving House

6 Top Tips for Moving House

Moving house can be either overwhelming or a smooth experience as each property, individual circumstances and the legalities of the conveyancing process can be very different. There are some factors which can be out...

transfer-of-equity

What is Transfer of Equity?

A Transfer of Equity refers to the process by which one or more people are added or removed from ownership of a property and one of the original owners remains on the legal title...