Faith Williams Law has a specialist conveyancing team that can help you through the exciting but often daunting process of buying or selling a home.
Our experienced conveyancing team will help you avoid any pitfalls in the process of buying or selling a home and make sure your best interests are looked after throughout. We also offer a free legal consultation in the first instance for conveyancing work.
Our conveyancing solicitors work on a fixed fee basis and offer complete transparency on their fees review conveyancing costs.
We understand that buying or selling your home can be very stressful especially if you’re not familiar with the process and the jargon typically involved. Obviously, this is a crucial factor in your life and your future so you want everything perfect.
Our conveyancing solicitors are here to support you and offer clarity and transparency throughout the process and ensure there will be no nasty surprises.
Our friendly family team take time to understand your individual requirements and priorities and work with you until completion to ensure your needs are met.
Our conveyancing service is available whatever your current purchase or sale position, whether you are a first time buyer, moving up the property ladder or building a property portfolio.
Property, whether as your family home or as an investment is for most people the largest investment they’ll make in their life. So your investment needs protecting and every detail needs to be checked by a conveyancing professional to eliminate any risk.
Our qualified conveyancing solicitors our experienced and knowledgeable about the whole conveyancing process and can help protect you from any future issue.
We offer a tailored conveyancing service to suit your unique needs and circumstances, we always put your needs first and will be by your side through the whole process until successful completion of your property deal.
What is conveyancing?
If you are a first time property buyer you may have heard the word conveyancing without much understanding of what it is or what aspects of the property deal it actually covers.
The process involved whether you are buying or selling your home is called conveyancing which is split into three different legal stages:
The pre-contract stage is the legal work that needs to be adhered to prior to the exchange of contracts, this is crucial as this is where any issues related to the property will be identified through conveyancing searches.
As part of the pre-contract stage all documentation needs to be signed and in order. We will ensure everything has been checked or investigated in regards to the proof of ownership and conveyancing searches.
The conveyancing search can bring up any issues regarding the property that may cause serious problems if not addressed prior to signing the contract, so is a crucial aspect of the whole process.
What is conveyancing search?
The conveyancing search is split into three different search criteria:
Environmental search report
This information is sourced from the Environmental Protection Agency and is based on historic information and assessments of the location of the property and include:
- Flood risk
- Subsidence risk
- Land contamination
- Energy schemes ( relating to wind turbines or similar in view of your property)
On completion of investigations you will receive a report detailing whether the property has “passed,” “failed” or is in need of further investigation to assess its suitability to receive a mortgage.
Water and drainage report
This report is arranged by the local water company and investigates issues such as whether the property has a water supply and whether the drainage is a public or private drainage system.
This is important as a private drainage supply will likely mean that you are liable for maintaining or paying for any issues that occur,
If it is private drainage our conveyancer can make further investigations in regard to what arrangements or costs you would be liable for.
Uncovers information from the council of any changes to the local area, proposed housing estates planned in your back garden or a supermarket or hotel being built on your street. Things that may make your future home less desirable and change the whole reason you bought it.
A drafted version of the purchase deed is sent to the property sellers solicitor in order for them to authorise. Once authorised the purchase deed will be sent to both parties to sign.
Mortgage details will then need to be organised before the deal is finalised by the receipt of the final deeds and exchange of money.
This is the final stage of the conveyancing process and means you will soon be the proud owner of a new home. Our conveyancing solicitor will receive a mortgage release receipt from the solicitor of the property seller.
We will then require the money from you to pay the land tax and stamp duty and then register you with the land registry so the property is legally registered to you.