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Did you know that from the moment contracts are exchanged you’re legally responsible for insuring your new property? It’s an unusual situation because ownership isn’t legally transferred to you until the completion date. So do you need short-term buildings insurance to cover the period between exchange and completion? The answer depends on whether you’re already […]
Read moreMany people often wonder why it takes so long for solicitors to exchange contracts, whether it is a sale or purchase. Sale and purchases are split in terms of the work that’s needed. Both sales and purchases have pre-exchange and post-exchange work, although it’s worth knowing that these two are not equal in terms of […]
Read moreWhen buying and selling property, this is one of the first questions you should ask. Knowing the difference between a solicitor and a conveyancer will help you to employ the right person for the job, saving you money or ensuring you have the legal backup you require. What is the difference between a solicitor and […]
Read moreFinding a good conveyancing solicitor will make the process of buying and selling your property run much more smoothly. But how do you find a really good solicitor to handle your conveyancing? What is conveyancing? Put simply, conveyancing is the legal process of transferring the ownership of a property from the seller to the buyer. […]
Read moreConveyancing is required for when you choose to buy or sell a house. So, what does a conveyancer do when buying a house? This is a complex process in which they help you through the legalities and transition process. Below we explain in more detail the role of the conveyancer and how they assist you […]
Read moreConveyancing is the process of legally transferring the ownership of a property from the seller to the buyer. Although it is possible to do it yourself, if you’re buying with a mortgage or facing a complex transaction you’ll need a conveyancing professional – that could be a conveyancer or a solicitor. What are conveyancing fees? […]
Read moreWhen’s the right time to instruct your solicitor? If you want your purchase to move as quickly and smoothly as possible, buyers should think about instructing a solicitor before they put in an offer on a ‘no move, no fee’ basis. The faster the paperwork can be handled the more quickly you’ll exchange. When should […]
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Before, it was usual for any homeowner mortgaging their home to stay with the same lender for the entire term of the mortgage. Today, remortgaging has become a popular option even for homeowners who are not moving to a new home. Using the available equity from your home to raise money is a better option […]
Read moreIf you’re wondering whether you can do your own conveyancing, the answer is yes. You can save time and money by doing the paperwork yourself, but it can be risky and if there’s a mortgage involved you’ll almost certainly have to use a solicitor or licensed conveyancer. However, if it’s a straightforward cash purchase, then […]
Read moreIf you’re buying a house in Scotland, you might be struggling to find a clear-cut answer to how long you can expect to wait for the conveyancing process to get the keys to your new home into your pocket. Getting started The clock starts ticking as soon as your offer is accepted. Your conveyancer and […]
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