Cunningtons LLP: Your Residential Conveyancing Solicitors
Buying and selling your home is not only stressful and time-consuming, it can also be a real worry when you read horror stories in the news about the process going wrong. As your home is probably the most expensive thing you will ever own, you don’t want to take any chances with it.
To look after you and your family’s home you need to use a professional you can rely on, one with decades of cast iron experience in getting the process right. And one you can easily communicate with!
Cunningtons’ award-winning customer service means that our clients know they are in safe hands. Whether you are buying your first home or are investing for your future your Cunningtons property specialist will guide you through the process.
As well as dealing with the sale and purchase of residential property we can offer expert advice and assistance on re-mortgages, home equity release loans, transfers of equity, leasehold extensions and leasehold enfranchisement and tenancy agreements.
Cunningtons have conveyancing solicitors based around England, so you do not have to deal with a faceless call centre – you will have the direct dial number of your own legal representative.
Some of the questions we get asked:
When should I instruct my conveyancing solicitor?
You should find a solicitor to act for you in your property sale or purchase as early as possible: you don’t need to wait until you’ve had an offer or found a new home to get the ball rolling.
What documents do I have to get ready?
After you have gone through our quotation system and signed our instruction form, if you’re selling you’ll need to let us have any deeds you hold and guarantees and other certificates. Providing your ID documents at an early stage always helps, and if you’re buying, evidence of the source of your funds.
How much will my conveyancing fees be?
The price of the conveyancing process depends on the value of the houses being bought or sold. You can contact our dedicated free phone quote line (0800 977 7887 to get an accurate quotation, or submit an enquiry via our website.
What does ‘exchange’ mean?
There are two key events in the sale of a property in the UK – ‘exchange’ and ‘completion’. The ‘exchange of contracts’ happens when both parties sign a legal contract and their legal representatives agree the terms and date the Contract that makes all aspects of the purchase legally binding and enforceable. ‘Completion’ is the final stage in the sale of a property, when property legally changes ownership.
What is a local search?
This is a request to the Local Authority to provide any information that they may have relating to the property being bought; this includes any planning entries, financial charges and local road schemes, but does not cover any neighbouring land.
Are conveyancing searches necessary?
The information from a property search is vital to a buyer. You need to know, for example, if the area is about to be extensively developed as that would be highly disruptive in terms of resulting traffic and noise levels.
What issues can make the conveyancing process more time-consuming?
Difficulties can arise when there are disputes as to title (ownership) of any part of the property, with alterations if the property is a listed building, lack of landlords consent for alterations to flats, or with a failure to have planning permission for changes to a property.
What are conveyancing disbursements?
Additional ‘disbursements’ are merely payments to 3rd parties such as to local authorities for search fees and to the Land Registry for title deeds.
How long does conveyancing take?
The average freehold transaction which proceeds without undue delay from lenders or local authorities in processing search requests, can usually take around 6 to 10 weeks from receipt of papers, leasehold transactions usually take longer due to the more complicated nature of the title and maintenance arrangements.
Are conveyancing fees vatable?
Yes, the VAT is added to your final bill once the sale or purchase has been exchanged.
If you have a question about buying or selling your home that we haven’t covered, please contact us for an answer.