Will property conveyancing change.
The Government push to improve conveyancing...link
The seller must arrange for the contract to be drawn up, normally via a property solicitor, The Draft Contract will contain information gathered from the seller and other sources and will include details of the agreed price, the boundaries, any fixtures and fittings, planning restrictions, Energy Performance Certificate and so on. The contract will also state a completion date which is normally agreed in advance by the seller and buyer.
Whilst most people hate the paperwork side of things it is important to go through the contract with your conveyancing solicitor if possible but we would recommend thorough consideration as this may help you negotiate the terms of the transaction and ensure you do not receive any surprises at a later date. Around this time your conveyancer will also conduct a number of searches and checks on the property.
When you and the other party are satisfied that the terms of sale are correct you will both be asked to sign and exchange contract. The sale is now binding, If you are a buyer you will normally pay the solicitor a deposit which will be agreed between all parties, the buyer is now also responsible for the buildings insurance on the property.
What is a Flying Freehold and should it matter?..
linkThe Government push to improve conveyancing...link
Mortgages for life, may soon be an option...link
Landlord Solicitors. Landlord solicitors will be able to advise Landlords and Letting Agents of residential property on all issues arising out of residential te..link
The government announces a New Homes Ombudsman to protect consume..
linkWhat is a Flying Freehold and should it matter?..link
Understand the different Survey options available to you if you are buying a property...link
Guide to buying the Freehold of a Leasehold Property.
The logic of leasehold is hard to understand at times, that you can buy a home but not own the land it ha..link
Minimum rental terms of three years could be introduced under new..
linkUnfortunately, not everyone is respectful in life, most of the time we just move on and keep our opinion to ourselves, but when that comes to where we live you..link
Planning Law Solicitors. Planning Law solicitors will undertake all aspects of Planning law...link
Help to buy ISAs - The new, 'Help to buy', ISA is designed to help first time buyers save for a deposit for their first home, with the inducement of an extra 25..link
Solicitors.com are not a firm of solicitors, and any content on the site should not be used in substitute for obtaining Legal advice from a solicitor regulated in the UK, Solicitors.com recommends that you contact a firm of solicitors to discuss your individual legal requirement. Whilst we strive to bring you accurate up to date content, all content on this site is not legal advice and is not guaranteed to be correct. Use of this site does not create a client relationship.