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...

Buying a Leasehold Property (and the Legal Considerations!)

Buying a Leasehold Property (and the Legal Considerations!)

Purchasing a leasehold property can involve a number of risks. Here are some key legal considerations if you are considering buying a leasehold property. What is a leasehold? If you buy a leasehold, you...

Deed of Trust & Shared Ownership of Property

Deed of Trust & Shared Ownership of Property

If you are buying a property with someone else, a deed of trust is an effective way of proving legal ownership of all parties who have a share of the property, Shared ownership of...

Indemnity Insurance to Move House (Do You Really Need it?)

Indemnity Insurance to Move House (Do You Really Need it?)

If your house move is at risk of delay or falling through due to a specific legal issue with the property, you might be advised to look at purchasing indemnity insurance. Indemnity insurance provides...

How Long Does Conveyancing Take with No Chain?

How Long Does Conveyancing Take with No Chain?

Where there is a cash buyer and no chain, as a best-case scenario, completion on a property could take place within 6-8 weeks. On paper, this is the most straightforward of scenarios. While you...

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...

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...

How Long to Move House? (The conveyancing process in action)

How Long to Move House? (The conveyancing process in action)

There is no definitive time frame to how long it takes to move house, as unexpected complications could arise during the conveyancing cycle and it’s also dependant on the number of vendors and buyers...

Should I Move House? (and What You Need to Consider!)

Should I Move House? (and What You Need to Consider!)

Asking yourself the question, should I move house can lead to much contemplation. Everyone has different reasons for making this decision and it depends on the stage you are at in your life and...

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...

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...

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...

House Completion (the Final Stage in Buying a House!)

House Completion (the Final Stage in Buying a House!)

Buying a house can take anywhere from 4 weeks up to 4 months depending on any unexpected discrepancies which may arise during the conveyancing process, as well as issues which may crop up from...

Beware Chancel Repair Liability When Buying a House?

Beware Chancel Repair Liability When Buying a House?

If you are buying a property (flat or house, old or new-build) that is in the boundaries of an Anglican Parish Medieval Church and the Church was built prior to 1536 then you may...

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...