LOW COST CONVEYANCING

Our network of solicitors operates throughout the UK and we are able to offer low cost conveyancing for property transfer anywhere in England, Scotland, Wales or Northern Ireland. Our solicitors are all based outside of the major metropolitan centres and as such are able to offer economic quotations due to substantially reduced overheads. Where possible we deal with matters electronically and there is no need for any of our clients to ever attend our offices. Clients who do not have access to a computer can still be dealt with efficiently by use of post and telephones and will find our service still proceeds at a fast pace due to use of modern technology again without the necessity to attend any law office. For a free no obligation low cost conveyancing quotation just use the helpline or complete the contact form and a solicitor will contact you with free advice.

Property Information Pack

This is a number of questionnaires to be filled out by the seller before the exchange of contract takes place. The pack includes different forms pertaining to fixtures, fittings, household contents and requests for guarantees, warranties, consents together with boundary and disputes information. Completion of the Property Information Pack is primarily the client�s responsibility and should be undertaken seriously as errors can result in claims for mis-representation and subsequent damages payments.

Purchase of the freehold reversion for a leasehold property

This happens when a person buys a leasehold and a freehold of the same property that were formerly owned by different individuals. This type of purchase by one person allows for the separate titles to be merged into one giving full control of the land or property.

Redemption of mortgage

This is the process of paying off a loan secured on property. The lender holds a mortgage to guarantee the loan which has to be fully paid before a buyer can have full rights over his property.

Stamp Duty

Government tax levied on the purchase of a property. The stamp duty goes to the chancellors coffers and is dependent on the property value. The amount of tax is simply a percentage of the property value once that value exceeds the current threshold. In some areas of the country there is no stamp duty. Stamp duty is usually included in our low cost conveyancing quotations but is not part of a lawyers charges being a tax due to the government

Statutory Declaration for Title rectification

A certificate used to remedy inaccuracies in the title of a property. It is usually used to declare rights over some property established by the passage of time which includes rights of way and occupation of land.

Title Deeds

This is a document that attests to the ownership of the property. It also contains the list of previous owners and spells out the rights and responsibilities of the owner. Title deeds are now mainly found electronically at the Land Registry. For further details on electronic registration of title deeds please visit the Land Registry website.

Transfer of Equity & Deed of Gift

Equity is the difference between the actual property value and the unpaid mortgage. Transfer of equity happens when one or more joint owners of a land or property decide to transfer their share to another property co-owner. The term transfer of equity is used if the transaction involves money. When no money is involved the term used is deed of gift.