Conveyancing: your complete guide to property transactions in the UK
Conveyancing is the legal process of transferring property ownership in the UK, essential for buying, selling, or leasing real estate. It involves drafting contracts, conducting property searches, registering ownership with the Land Registry, and managing financial arrangements. Whether you’re dealing with residential or commercial property, understanding conveyancing ensures a smooth and legally secure transaction. This cluster offers comprehensive guides on key aspects such as choosing a solicitor, navigating leasehold and freehold agreements, and avoiding common pitfalls. Whether you’re a first-time buyer, an experienced investor, or a landlord, these resources provide the expertise needed for successful property dealings.
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residential conveyancing
Residential conveyancing is the legal process involved in buying or selling property in the UK. It includes preparing contracts, conducting property searches, transferring ownership, and ensuring all legal and financial requirements are met. This ...
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on Conveyancing
What is the difference between a freehold and a leasehold?
Published on 03/12/2024 , by Qredible - Reading time: 5 mins
The terms freehold, leasehold and commonhold are used to describe the legal tenure, or basis of ownership of a property, whether it is a building or a piece of land. If you go house hunting, you may notice that for one property you have the opportunity
Should I use a solicitor recommended by my estate agent?
Published on 25/10/2024 , by Qredible - Reading time: 4 mins
In the UK, the conveyancing industry is renowned for providing expensive yet often slow services. Finding a conveyancing solicitor that is efficient and reliable as well as giving a personalised service is tricky.
Do you need indemnity insurance when buying a house?
Published on 08/10/2024 , by Qredible - Reading time: 6 mins
If you are looking to buy your first home or want to move home, you might have come across the phrase ‘indemnity insurance’. Many people have encountered this term, but quite a few do not understand its meaning or whether they need it
Understanding conveyancing fees in failed property transactions
Published on 14/09/2024 , by Qredible - Reading time: 4 mins
The responsibility for fees generally depends on the timing of withdrawal. Before contracts are exchanged, each party usually covers their own costs. After exchange, the withdrawing buyer may be liable for both parties' expenses and potential additional damages.
The Dangers of Choosing a “No Sale No Fee” Conveyancer!
Published on 04/09/2024 , by Qredible - Reading time: 4 mins
Moving home is one of the most stressful things that most adults have to endure. Not only is moving expensive, but there are also many pitfalls and ways in which moves are delayed or do not reach completion. Many people think that in choosing a “No Sale No Fee” conveyancer
Conveyancing: Common solicitors’ enquiries when buying a house!
Published on 22/08/2024 , by Qredible - Reading time: 4 mins
The 'requisitions on title'. This final check, conducted just before exchange, can uncover last-minute issues like recent planning applications or changes in the seller's circumstances that could impact your purchase.
Conveyancing: Why solicitors take so long?
Published on 23/09/2020 , by Qredible - Reading time: 6 mins
Once you have had an offer accepted on the house you want to buy, you want to get on and move. Moreover, it would be so quick and easy if it was not for the solicitors dragging their heels, wouldn’t it? The wait can be frustrating with the threat that somebody along the chain might pull out, causing the whole thing to collapse, but the alternative could be much worse.
Equity Release: The Pros and Cons!
Published on 02/09/2020 , by Qredible - Reading time: 8 mins
As you reach or approach retirement age, you might find that you need more income. Perhaps you want to be able to help your children get on the property ladder, or finally go on that round the world cruise that you have always dreamed about?
Why is the Land Registry important?
Published on 28/08/2020 , by Qredible - Reading time: 3 mins
The current Land Registry is a department of the government which involves itself, primarily, with records of property ownership throughout England and Wales. In Scotland, the equivalent is known as the Registers of Scotland. The current Land Registry officially referred to as Her Majesty’s Land Registry was created back in 1862, though its origins predate this by many centuries.
Equity Release: How it works?
Published on 19/08/2020 , by Qredible - Reading time: 6 mins
You may have seen adverts on TV mentioning Equity Release and how, for the over 55s mainly, it can be a great way to a more comfortable life in retirement. Rates are at the lowest they have been in recent years, but does that mean Equity Release is always a good thing? Let us explore exactly what Equity Release is and how it works.
Conveyancing: Real costs of buying a house
Published on 31/07/2020 , by Qredible - Reading time: 8 mins
Purchasing a house is likely the most significant financial decision you will ever make. Along with the price of the property, there is a vast range of costs associated with the purchase of a house - both before and after completion.
Conveyancing Process for Buying a Property
Published on 19/06/2020 , by Qredible - Reading time: 4 mins
Buying a new property can be a stressful but exciting time. You are no doubt thrilled about the prospect of getting into your new abode and making it your own space. However, with the average house sale taking...
Hidden dangers of DIY conveyancing!
Published on 16/06/2020 , by Qredible - Reading time: 4 mins
Purchasing a house can be one of life’s milestones. Nevertheless, it can also be an extremely stressful event, not to mention time-consuming as well. Naturally, you may be inclined to cut corners or skip specific processes to save a few quid.
How to avoid conveyancing fraud?
Published on 16/06/2020 , by Qredible - Reading time: 4 mins
Buying a house can be one of the most stressful things you can do; while juggling your usual life duties with solicitors, estate agents and buyers. Add to this having to deal with mind-blowing amounts of money and navigating the complex and glacially slow-moving process of purchasing.
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