An Overview of services provided by our Residential Conveyancing Solicitors
Buying or selling a home is a significant milestone in anyone’s life. It’s a complex process that involves a lot of legal and financial considerations. One of the most crucial aspects of buying or selling a property is choosing the right residential conveyancing solicitors.
How Bretherton Law can help
We understand that one of the most important things in anyone’s life is their home, your home means much more to you than just bricks and mortar which is why at Bretherton Law we provide a bespoke service that can meet all your residential conveyancing needs.
Bretherton Law provide high levels of client care which is demonstrated by our client testimonials and our commitment to the Lexcel Accreditation and the Conveyancing Quality Scheme Accreditation. Our team of specialised residential property solicitors are experts in their field.
Should you encounter problems with your property, having a knowledgeable property lawyer on your side is invaluable which is demonstrated by our residential conveyancing case studies.
We will always be clear about our costs and keep you up to date on our progress. We’ll be sure to explain all the processes clearly and answer any queries you have. We’ll keep everything on track, giving you clear timescales, eliminating delays and keeping you posted at every step.
Why Bretherton Law?
- Fixed fee quotes with no hidden costs
- Same day response promise
- An experienced, friendly and accessible team
- Lexcel and Conveyancing Quality Scheme Accreditation
- Talk to real people. No AI or automated call answering technology.
- For a friendly initial chat and a fixed fee quote please use the contact form or call 01727 869 293.
What is the role of a Residential Conveyancing Solicitor?
Residential conveyancing is the legal process of transferring ownership of a property from one person to another. It involves a series of steps that must be completed before a property can be bought or sold. These steps include:
- Conducting conveyancing searches to uncover any potential issues or restrictions
- Reviewing and negotiating the terms of the contract of sale
- Transferring funds between the buyer and seller
- Where applicable, paying stamp duty
- Registering the property with the Land Registry
For more detailed information on the conveyancing process visit: The Conveyancing Process: A Step-by-Step Guide
Why is Residential Conveyancing Important?
Residential conveyancing is a crucial part of the property buying and selling process for several reasons:
- It ensures that the property is legally transferred from the seller to the buyer.
- It protects both parties from any potential legal issues or disputes.
- It ensures that all necessary checks and searches are conducted to uncover any potential problems with the property.
- It ensures that all financial transactions are handled correctly and securely.
Types of Residential Conveyancing
The term residential conveyancing covers numerous types of property transactions including;
Sale and Purchase: This is the most common type of residential conveyancing, where a property is being sold by one party and purchased by another. It involves the transfer of ownership, negotiation of terms, and payment of funds.
Remortgaging: This type of conveyancing involves changing the mortgage lender or securing a new mortgage on an existing property. It requires legal documentation and the transfer of funds between the existing and new lender.
Transfer of Equity: In this type of conveyancing, the ownership of a property is transferred between co-owners or family members. It may involve adding or removing someone from the property’s title deeds.
Freehold Conveyancing: In freehold conveyancing, the property being bought or sold is not subject to any leasehold or tenancy agreements. It means that the buyer will own the property and the land it sits on outright.
Leasehold conveyancing: a type of residential conveyancing that is specifically focused on properties that are held under a leasehold agreement. It involves the legal transfer of the leasehold property from one party to another, along with the negotiation of terms and the payment of fees.
Leasehold Extensions: For leasehold properties, conveyancing is required to extend the lease term. This process involves legal documentation, negotiation with the freeholder, and payment of fees.
Shared Ownership: Conveyancing for shared ownership properties involves the purchase of a share in a property and the payment of rent on the remaining share. It requires legal documentation and the transfer of funds.
Buy-to-Let: This type of conveyancing involves purchasing a property with the intention of renting it out.
New Builds: Conveyancing for new build properties involves additional checks, strict timescales and other considerations, such as ensuring the property is built to the required standards and obtaining warranties from the developer.
First-time buyers: They may have specific needs and considerations when it comes to residential conveyancing including eligibility for government schemes home buyers schemes and stamp duty exemptions.
How Long Does Conveyancing Take?
The time it takes to complete the conveyancing process can vary depending on several factors, including:
- The complexity of the property transfer
- The efficiency of the conveyancer
- The responsiveness of the buyer and seller
- Any potential issues or delays that may arise during the process
On average, the residential conveyancing process takes between 8-12 weeks. However, it’s essential to note that this timeline can be longer or shorter depending on the circumstances.
How Much Does Residential Conveyancing Cost?
The cost of residential conveyancing can vary depending on several factors, including:
- The value of the property
- The complexity of the property transfer
- The conveyancer’s fees
Do I need a residential conveyancing solicitor?
Buying and selling property is a notoriously stressful process. Property is a high value purchase that, without proper legal guidance, can expose the buyer or seller to personal and financial risk. During the conveyancing process, several problems can arise which is why experienced legal expertise is an essential part of the process.
Some common issues include:
Legal complexities: The conveyancing process involves various legal paperwork and contracts that can be complex and confusing. A solicitor can help navigate through these complexities, ensuring that all legal requirements are met and protecting your interests.
Title issues: Problems with the property’s title, such as boundary disputes or undisclosed easements, can arise during conveyancing. A solicitor can conduct thorough checks on the property’s title and address any issues that may affect your ownership rights.
Contract negotiations: The conveyancing process involves negotiating and reviewing contracts, including the sale agreement and mortgage documents. A solicitor can ensure that the terms and conditions of these contracts are fair and favourable to you, and can negotiate any necessary changes on your behalf.
Searches and due diligence: A solicitor will conduct various searches and due diligence to uncover any potential issues with the property, such as planning restrictions, outstanding debts, or environmental concerns. This helps you make an informed decision about the property and avoid any future problems.
Completion delays: Delays in the conveyancing process can be frustrating and costly. A solicitor can help expedite the process by coordinating with all parties involved, including the buyer, seller, mortgage lender, and other professionals.
Financial protection: A solicitor can provide financial protection by ensuring that all necessary funds are transferred securely and that any outstanding debts or charges on the property are cleared before completion.
Get in Touch
We are based in the centre of St Albans City our residential conveyancing solicitors provide residential conveyancing services across the UK and our team can help you with your property transaction with a level of client care not offered by many conveyancing firms. Over the last 50 years we have built an enviable reputation – but don’t just take our word for it, take a look at what our clients say about us in our testimonials.
Please get in touch for a fixed fee conveyancing quote via the contact form or call us on 01727 869 293. (If you telephone us your call will be answered by a real person no recorded voice saying press this and that number).
