Whether you are buying your first home or your dream home, our experienced solicitors and lawyers will guide you through the conveyaning process.
We value our reputation which is based on exceptional service and that’s why our clients come back to us and recommend us to others too. That’s important as we believe that the expertise and service we offer our clients sets us apart.
If you are moving home, or buying and selling an investment property or taking out a mortgage we are here to help you through every step of the process.
What is residential conveyancing?
In a nutshell, conveyancing is the legal work involved when buying or selling property or transferring the ownership from one person to another.
Typically a sale or purchase will include preparing a contract, investigating title, searches, exchange of contracts, payment of Stamp Duty Land Tax and registration at HM Land Registry.
Most people use a law firm to do the work for them as real estate law can be a complicated business and is governed by property, mortgage and common law.
If a mortgage loan is involved, you will need a lawyer.
What are property searches?
What are they and what do they mean for you? Are they necessary?
These are not usually something you come across unless you are involved in buying and selling a property but they are standard for residential conveyancing. There are a variety of searches available which not only provide information about a property but some will provide details about land in the area.
The purpose of the searches is to discover information which may impact on your decision to buy the property.
If you are buying with a mortgage, you will need to have some searches and reports. Even if you don’t need a mortgage we think you should have searches to protect your investment.
Why choose Coole Bevis LLP to carry out my conveyancing?
We understand property law and our expert team of residential solicitors and conveyancers explain it to you in a helpful and informative way.
Every transaction is different and we have seen them all, houses, flats, cottages, bungalows, city centre apartments, country mansions or house boats across England and Wales and we can help you with yours.
We know how important buying and selling is to you and work with you, the estate agent and mortgage broker to complete all your legal work and provide our customers with the advice you need.
We are accredited to the Conveyancing Quality Scheme(CQS) and our experienced residential property team can help.
Our residential property team can help you with:
- Selling a home
- Buying a home
- Auction sales and purchases
- Transfer of equity
- Buy to let
- Help to Buy scheme
- Right to Buy
- First time buyers
- Shared ownership Schemes
- Equity release (ERC)
Our expert conveyancing team are on hand to help your matter proceed as smoothly as possible and provide you with peace of mind:
- we use direct dial
- we will keep you informed throughout the conveyancing process (by email and telephone)
- we offer appointments available outside of 9-5 please ask, and
- we are based in offices across East and West Sussex
Whether you’re buying or selling please contact our conveyancing team online or give us a call to arrange the next step!
Standard Residential Conveyancing Searches
Local Authority search
This is a search of information about the Property that is held on the Council’s records. Examples of the information you might find out includes planning and building control and may show if work has been done without the necessary consent or if the road is maintained by the Council. It is specific to the property and will not reveal anything about neighbouring properties.
Water and drainage search
This will show if the property is connected to mains water and drainage and the location of public drains and other useful information.
This provides information about the contamination risk and other factors such as past commercial use, nearby landfill, ground stability and energy and infrastructure projects.
Unlike the Local Authority search, this will give you the planning history not only for the property you hope to buy but also for properties in the surrounding area.
Flood risk assessment
As the names suggests, it is an assessment using information from official sources of the flood risk for the area, a useful report given the increase in flooding in recent years.
Chancel repair liability insurance
This is an ancient liability in certain areas and is a potential liability to pay towards the cost of the chancel repairs to a local Church. It is in the process of being abolished but may still be relevant in certain circumstances. It is cheaper to take out a policy of insurance rather than obtain a search and then insure.
This is not an exhaustive list and there are other reports that are relevant to a specific location such as:
- Coal mining reports
- Energy and infrastructure
- Cross rail
- Common land
- Tin or brine mining
We’ll let you know if you need others.
How much do conveyancing searches cost?
It depends on where the property is located as Local Authority Searches vary in cost. You should budget for between £300 – £400. The amount of money is small compared to the purchase price.
How long do conveyancing searches take?
The reports are usually desktop and are available on the same day. The Local Authority and water and drainage searches take longer and vary in timescale depending on where the property is located.
The Law Society – Conveyancing Quality
RESIDENTIAL PROPERTY TEAM
A remortgage is treated by a lender much in the same way as a purchase. Your mortgage lender will require your conveyancing solicitor to check the title for any defects or restrictions and carry out the appropriate searches on their behalf.
Your conveyancing solicitor will ensure that any old mortgage is removed and the new one registered correctly at Land Registry for them.
When you instruct a conveyancing solicitor to act for you on your purchase, one of the first things they will do is ask you for money. This is to pay for the searches. There are many different types of conveyancing searches and it is important that your conveyancer establishes which searches are relevant to the property you are buying.
Please see our section on conveyancing searches which contains information the types of searches that are typically carried out in a residential purchase.
It is difficult to provide an exact timescale as every transaction is different. It will vary on your own circumstances, such as:
- How long the chain is that you are involved in. A chain is the number of transactions that are linked together.
- The requirements of other parties in the chain and whether they are willing to move quickly with the transaction.
- If the property is a new build or shared ownership, this will involve more conveyancing work and take a little longer.
We are happy to work to your timescale and always do our best to make the conveyancing process is as convenient as possible for you.
A conveyancing solicitor deals with the legal work to transfer the ownership of property or land from one person to another. This is called conveyancing.
It is important to choose a conveyancing solicitor that has experience and knowledge to carry out your conveyancing. Your conveyancer should be able to answer any questions you have about your sale or purchase, in plain, clear language. At Coole Bevis LLP, we have an expert team of residential solicitors and conveyancers who are approachable, friendly and knowledgeable. We work closely with estate agents and mortgage brokers to ensure a smooth and swift transaction.
I have found the property I want to buy, I have a mortgage offer, do I really need a solicitor?
A property is one of the most expensive assets you are likely to purchase. It is vital that you receive expert legal advice to make sure you are buying a property free of any problems that might prevent you selling in the future.
Your solicitor will deal with the completion of your purchase and the registration of your ownership at the Land Registry to ensure your ownership is properly recorded.
If you are buying with a mortgage loan, your lender will require your solicitor to also act for them.
This might seem like an unnecessary cost, but when you have accepted an offer on your property you will need a specialist conveyancing solicitor to carry out the legal work. It is important to instruct an experienced solicitor who will prepare the correct contract documentation according to your type of transaction. This will ensure that you are properly protected.
Your conveyancing solicitor will answer enquiries received on your behalf and make sure that these are answered in the correct way. Responses to these enquiries should be worded in a way that looks after you interests. Once these enquiries have been answered, they will deal with exchange of contracts and completion of your sale.
If a mortgage loan is involved, you will need a lawyer.