A Practical Guide to Conveyancing
As a buyer it is important for you to have an understanding of what conveyancing covers. Because of this Iain and Sharon offer 3 guides that should help answer some of your initial questions.
Guide 1 – CONVEYANCING CALENDAR
First of all the calendar shows the basic and usual way in which a conveyancing transaction runs from beginning to end. Furthermore it also tries to explain the normal procedures that are undertaken when dealing with any property transaction. In addition it also points out what both purchaser and seller are required to do, along with the agent and the solicitors.
TIMELINE – THE CALENDAR THAT IS PROVIDED SPLITS INTO 5 STAGES:
- One: 1-5 days
- Two: 5-10 days
- Three: 10 – 21 days
- Four: 21 – 31 days
- Five: 31 days +
It is vital that you appreciate that these are guidelines only. Since, sometimes it can actually be carried out much quicker, if everything has been organised and is in place to start with. Yet, on the flip side, Iain and Sharon need you to realise that sometimes things do not always go to plan. The bigger the chain is, the more difficult and time consuming things can potentially become. However, you can rest assured that Iain and Sharon will be there for each stage and will do everything in their power to achieve a smooth and timely completion all involved.
Guide 2 – SHORT GUIDE TO THE BUYING A RESIDENTIAL PROPERTY IN ENGLAND AND WALES
This guide provided to download, explains in more detail each area including:
- Fees and Expenses
- Contaminated Land and Environmental Matters
- Request Documents
- Investigation of Title
- Pre-Contract Enquiries
- Mortgage and Survey
- Report to Client
- Exchange and Insurance
- Final Searches
- Completion Arrangements
- After Completion
- And Finally
Guide 3 – JOINTLY HELD PROPERTY
This downloadable guide will explain the following:
- Beneficial Joint Tenants
- Beneficial Tenants in Common
- Other Factors to Consider
In conclusion, Iain and Sharon want you to be as prepared as possible for your own property needs. They hope these guides will help, but of course if you have any questions, they are there to call upon when you need them.