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Conveyancing Solicitors in Leamington Spa

Conveyancing is the legal process of transferring property from one owner to another.

Whether you’re buying your first home, selling a home, switching mortgages, or changing ownership, a conveyancing solicitor can help ensure a smooth process.

If you’re not professionally qualified, it is generally not recommended that you do conveyancing yourself.

The conveyancing process is very complicated, and mistakes can be expensive. The best approach would be to use a licenced property solicitor who can handle this for you.

1. Provide professional legal advice

If not handled by professionals, buying and selling homes can be complicated. Conveyancing specialists understand the industry’s complexities and are knowledgeable in all facets of the legal process.

At CTT Law, our conveyancing solicitors can provide you with professional advice to help you make informed decisions every step of the way.

2. Handle contracts

A conveyancing solicitor can thoroughly examine the draft contract and identify areas that require further investigation. For example, you may need to investigate whether the property is a leasehold or a freehold.

3. Prepare documents

Document preparation is one of the most essential tasks a solicitor can perform for you.

Your solicitors will outline what documents you’ll need to complete the conveyancing process, whether buying or selling.

For example, if you want to sell a property, your solicitor can prepare a Contract of Sale.

4. Conduct property searches

Property searches (also known as conveyance searches) are inquiries your solicitor makes to learn more about a property you plan to purchase.

Property searches help you stay as informed as possible about the house and its surrounding areas. This will give you peace of mind before buying your property and will ensure you prevent any unpleasant surprises in the future.

Having these searches completed will put you in a strong negotiating position when you buy. Furthermore, the information gathered from property searches allows you to consider the issues that may lead you to decline the sale.

Whenever you are buying, selling or re-mortgaging your house or property, you are most likely excited and looking forward to what your life has to offer next.

Although, as with everything, there is always a significant risk that you could be left out of pocket at the end of the process.

The process does not come without risk especially as there are so many steps. The steps can include enquiries and searches, securing a mortgage and signing and exchanging contracts. Within and in between these steps, there can be many setbacks and room for error which can extensively set back the process and deplete funds which is why you want to find someone you can trust.

At CTT Law, we understand that every client will have a different set of requirements. We know that conveyancing can be unpredictable and understand the need to be able to immediately take action when things do not go to plan whilst anticipating any difficult situations that could arise.

We ensure that our team’s skills are up to date and in line with conveyancing laws, meaning they are aware of the current affairs surrounding conveyancing and they will not fall foul to any surprises that may appear.

Frequently-Asked-Questions About Conveyancing

1. How long does conveyancing take?

The conveyancing process begins when you propose or accept an offer on a property and ends when the keys are exchanged on completion. This takes between 8-12 weeks on average, but several circumstances can affect this time frame. For example, if the buyer faces problems with their mortgage application, or the survey reveals issues with the property.

Additionally, leasehold transactions can take on average around 4 weeks longer than those that are freehold, as there is an increase in documentation to review and reliance is placed on third parties such as freeholders and management companies who each have their own timescales for responding.

A conveyancing firm that uses digital processes, such as CTT Law, can significantly speed up the process as tasks such as transferring documents and ID verification are completed faster when done digitally.

2. How much are conveyancing fees?

Conveyancing fees vary depending on the price of the property and the extent of the work involved. The circumstances surrounding the transaction will usually affect the total cost of conveyancing; for example, if the property you are purchasing is a new-build, or it’s not registered with HM Land Registry.

Please visit our Pricing page which offers clear and transparent estimates of our conveyancing fees for most transaction types. If you would like a more bespoke quote, please do not hesitate to contact us by phone or email and we will be happy to provide this.

3. What do conveyancing fees include?

There are different fees comprising the overall cost of conveyancing. There are usually associated fees and disbursements on top of the cost of the legal work.

Common examples of these include administration and compliance costs (to make sure you get your sale proceeds, and your purchase monies don’t go to a fraudster instead of your purchaser’s solicitors), bank transfers fees, Stamp Duty, HMRC return fees and leasehold fees. Which conveyancing disbursements you are charged will depend upon your individual circumstances, but we can walk you through what is anticipated at the outset to avoid any surprises later.

4. When should I instruct my conveyancing solicitors?

The best time to instruct your conveyancing solicitor would be at the point that an offer on a property is accepted, however we would suggest that you decide which conveyancer you would like to instruct before this point to save time.