Our experienced Residential Conveyancing Department have a wealth of experience in the local market and beyond and we intend to continue to enhance this position by investment in knowledgeable staff with up to the minute technological support. Our aim is to provide a quality service to clients keeping them informed and advised at each stage of the conveyancing process. Our dedicated team cover all areas of conveyancing work including purchase, sale, re-mortgage and title transfer.
When an offer has been submitted and accepted, and all terms agreed between both parties, a concluding letter is issued to create a final and binding contract. This exchange of correspondence is known as the missives. Once missives are concluded, the conveyancing process begins.
During the conveyancing process, if the Purchaser has borrowed funds from a Lender to aid his purchase, the Purchaser’s Solicitor will prepare the necessary Standard Security and report to the Lender on the title of the property.
The title deeds and all necessary Regional Authority Reports and Searches are obtained from the Selling Agent. When these have been examined and all queries answered, the Purchaser’s Solicitor will then draw up a Disposition in favour of the Purchaser which is the document registered with the Land Register transferring title to the new owner. The Selling Agent also draws up the necessary documentation to ensure the whole title is transferred to the new owner. The documentation may include a Discharge of the Standard Security held by the Seller’s Lender.
Once all the documentation is revised and approved by both parties the Disposition will be delivered to the Selling Agent for execution by the Seller.
On the Date Of Entry the Purchaser’s Solicitor delivers a cheque or transfers the funds by telegraphic transfer to the Selling Solicitor. In exchange, the Selling Solicitor will deliver to the Purchaser’s Solicitor the keys to the property, the executed Disposition, Letter of Obligation, any title deeds relative to the property together with any Searches and Reports that may be required along with any Planning documentation. The Purchaser’s Solicitor will then arrange for the Disposition to be registered with the Land Register along with the Standard Security in favour of the Purchaser’s lender. The Selling Solicitor will arrange to register the Discharge of the Seller’s Standard Security which will complete the Purchaser’s title to the property.
Once the registration process is complete, the Land Register will deliver the principal Land Certificate to the Purchaser’s Solicitor who in turn will deliver the Land Certificate to the Purchaser’s Lender. Where there is no Standard Security over the property the Land Certificate will be delivered to the Purchaser or can be held by the Purchaser’s Solicitor for safe-keeping.
Our local staff with local property market knowledge are a winning combination in ensuring the conveyancing process is as simple and stress free as possible.
To contact one of our team click the links on the right of this page.