CHEAPEST CONVEYANCING UK
All of our panel members are accredited as specialists in the law of land and real property. Our nationwide network of experts are based out of London and can keep overheads low allowing them to give the cheapest conveyancing quotes whilst still ensuring that your legal work is carried out by an experienced conveyancing solicitor. If you would like to speak to a specialist with no further obligation just call the quotation line or complete and send the contact form.
Deposit
On exchange of contracts it is usual for a 10% deposit to be paid which is non refundable if the prospective buyer breaches contract and refuses to complete the sale. It is not unusual to exchange contracts with a nil deposit.
Exchange of contracts
Prior to there being a binding agreement both parties sign an identical copy of the contract for sale. It is not until the solicitor’s exchange the contracts with each other that the contracts become binding. Exchange is actually carried out informally on the telephone by the parties solicitors followed up by a formal exchange by post. Our solicitors are highly computerised and use the latest case management systems to take files up to exchange of contract and onward to completion not only to ensure the cheapest conveyancing but also to remove any possibility of error.
Fixtures and Fittings
The seller is required to complete a detailed form about fixtures and fitting prior to exchange of contract which subsequently becomes incorporated into the contract. It is the client who must complete this form thereby helping to ensure that we are able to offer the cheapest conveyancing possible. This is to ensure that there are no disputes as to what is and what is not included in the sale. Fixtures are generally referred to as items that have effectively become part of the fabric of the building and fittings are items that are less securely attached.
Land Registry
This is a central register of all land and property transfers in England, Wales and Northern Ireland. All transfers are required to be registered at the Land Registry after completion. Thereafter the Land Registry issues a Land Certificate and sends it to the owner or issues a Charge Certificate if there is a mortgage which is sent to the lender.
Local Authority Search
The local authority will supply answers to questions raised on a standard form which gives information relating to the property including building and planning consents, whether or not the property is in a conservation area and plans for new roads.
Mutual Deed of Covenant for flying Freehold
A flying freehold refers to property that overhands another property and is often found above ground floor access tunnels to back yards or garages etc. This type of deed sets out the neighbours responsibilities to one another.
Power of Attorney
This is a document that allows one person to take decisions or sign agreements on behalf of another person. It is sometimes limited in its authority and is most often used in conveyancing transactions when a buyer or seller is resident in a foreign country.
|