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There are two conveyancing
systems in operation. One deals with titles that have been registered
at the Land Registry and the other where titles have not yet
been registered. If title is unregistered, then it is probable
that registration will be compulsory.
- UNREGISTERED
CONVEYANCING.
This is where title deeds and legal documents, show every time
the property has been sold. Solicitors check at least 15 years
previous to see that there is no unbroken chain of ownership
or other title problems.
- REGISTERED
LAND.
This is where the Land Registry issues a certificate confirming
who owns the property at present and if there is a mortgage over
it.
Once you have completed our simple
questionnaire, we then begin the necessary checks to complete
the conveyancing process. Our team will complete this as quickly
and efficiently as possible, ensuring that you receive the best
quality service possible.
When you are purchasing a property,
the transaction can usually take between 6-8 weeks from the day
you agree to purchase a property to exchange of Contracts, although
this is only a very rough guide.
Dealing with...
- HOME INFORMATION
PACKS
For further information
on Home Information Packs please Contact
Us or Click Here.
- BEFORE
EXCHANGE OF CONTRACTS
A) Property searches
are conducted. (If no Home Information Pack provided or if searches
in HIP are out of date)
B) Title is checked. (If no Home Information Pack provided or
if searches in HIP are out of date)
C) Enquiries are reviewed to provide the Buyer with various information
with regard to the property.
- EXCHANGE
OF CONTRACTS
This usually takes place over the telephone nowadays, but can
be done in person. The date on which Contracts are exchanged
is entered into the Contract together with the agreed date for
completion. The signed Contract is then sent to the Seller's
Solicitors together with the agreed deposit cheque. The Seller's
Solicitors will also send their Clients signed copy to the Buyers
Solicitors. The Contract is then legally binding and commits
all parties.
Between exchange of Contracts
and completion the Solicitor will carry out title searches, request
mortgage funds and any other funds required by the Clients.
- COMPLETION
This is the day title actually transfers to the Buyer and he
is entitled to possession of the property. The purchase price
less any deposit already paid will be sent by telegraphic transfer
to the Seller's Solicitors.
- POST COMPLETION
Even after completion the Buyers Solicitors still have work to
do. They will receive the title deeds from the Sellers Solicitor
and register the Buyer's and their mortgagees' interest at the
Land Registry.
Please E-mail Us should you require a quotation.
For more information or to arrange an informal discussion, please
Contact Us:
Alexander
Lawyers LLP is regulated by the solicitors regulation authority.
Organisation number 00448723
Registered Office Address Bervale House, 35-37 Moulsham Street,
Chelmsford, Essex CM2 0HY
Registered in England & Wales. Partnership No. OC323194.
VAT. No. 888 6853 40. |