Buying and Selling your Home
Conveyancing, in basic terms, is the passing of legal ownership of property from one person to another. You may be buying your first home, moving property or purchasing a holiday home but the excitement for you, has to be tempered with the need to ensure any legal requirements and processes are dealt with correctly and thoroughly.
At Driver Belcher, we take pride in offering a quick, efficient and reliable conveyancing service that allows your residential property transactions to go ahead on schedule while keeping you protected.
We are accredited by the Law Society’s Conveyancing Quality Scheme (CQS) and employ only qualified solicitors to deal with property transactions. Our team protect your interests at every stage and ensure the transaction proceeds in a smoothly and timely fashion, to make your move as stress-free as possible.
Our conveyancing team aim to offer a convenient service that fits around your life, so the majority of the process can be handled over the phone and via email. We also want to deliver the very best service possible, so will always be available to answer your questions and will keep you regularly updated about the progress of your transaction.
With many years of experience and a strong understanding of the local property market and issues, we can ensure any potential problems are foreseen and take proactive action, helping your conveyancing to go ahead faster and allowing you to avoid future issues.
How the conveyancing process works
The conveyancing process starts when an offer on a property is accepted and finishes when you receive the keys. There are three key stages in the conveyancing process; pre-contract, exchange of contracts and completion. Understanding the process ensures there are fewer surprises along the way.
After putting in a successful offer on a property, we undertake various searches and raise enquiries with the seller’s solicitor to help us find out as much as possible about the property, before you are bound by a contract. At this stage, if something is revealed by a search which is undesirable to you, you are free to walk away from the purchase without any liability to the seller.
Common conveyancing checks include:
Local Authority Searches – To see whether a property is listed or in a conversation area, as well as finding out about issues such as any Planning enforcement action against the property, any problems with unadopted roads or restrictions on your ability to extend the property.
Water and Drainage Searches – To see who is responsible for the repair and maintenance of sewers, drains and water mains in the area and whether any of these run under the property.
Environmental Searches – To uncover the risk of any issues such as ground instability, flooding or land contamination.
Depending on the type of property and the area, other types of searches may be required, including mining surveys and chancel repair searches. We can undertake a PlanSearch Plus which will give detailed information about any new developments, crime statistics etc.
We will also carefully review the contract and make sure any potential issues are flagged and can be amended as required. This will include making sure you are clear exactly what is included in the sale e.g. whether certain fixtures and fittings come with the house or will be removed. We will also consider any mortgage offer received and advise you on the terms.
Exchange of contracts
If you are happy to proceed with the purchase after our investigations, contracts are then exchanged. This is the stage where the transaction becomes legally binding and the buyer pays a deposit to the seller.
Our conveyancing solicitors will handle the exchange of contracts for you and the transfer of the deposit to the sellers solicitors.
At completion, the seller vacates the property, the buyer pays the remainder of the purchase price, and ownership of the property passes from the seller to the buyer. The keys are then handed over and it is time to move in!
Our team will handle transfer of funds to the sellers solicitors , as well as paying any Stamp Duty Land Tax due on the purchase and registering the transfer of ownership with the Land Registry.
Our conveyancing pricing
We understand that when looking for conveyancing support, cost is an important factor. We make our pricing clear and competitive, while ensuring we are able to provide the high-quality service you deserve.
To find out more about our conveyancing pricing and to get an estimate of the costs for your transaction, please use the links below:
Contact our residential conveyancing team in Southampton & Bishop’s Waltham
For experienced, reliable conveyancing in Southampton, Bishop’s Waltham and across Hampshire, please contact:
Patricia Belcher Solicitor
Tel 01489 892101
or Kiran Sandhu – Solicitor