What is Conveyancing?
We have produced this guide to assist you in understanding the processes involved in buying and selling your house or flat.
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Contact: Isabel Clarke Email: iclarke@godsons-solicitors.co.uk Telephone: 01529 308 803
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Conveyancing - What does it mean?
Conveyancing is the process of transferring ownership or certain rights in property from one owner to another, together with the associated financial arrangements by way of mortgage with your bank or building society. Our responsibility is to ensure that you get what you pay for and that you will not discover any problems about the property you are buying or selling when it is too late.
How long will it take?
It is difficult to be specific as no two transactions are identical and where there is a mortgage involved we have to work with your lender to comply with its requirements. On average, however, it is likely to take between six to eight weeks. Our aim is to meet any deadlines that are important to you, providing this does not compromise the quality of the work and your long term interests.
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What expenses do I need to budget for?
Although all transactions involve different costs and disbursements, we appreciate that clients want to budget for their expenses. We offer a no obligation estimate service, which will set out what we shall charge and what disbursements you will have to pay. Our costs are very competitive, but we like to think that we offer a quality service that you will not find with other solicitors. Some additional costs are outside our control. These are called disbursements and include search fees, Stamp Duty Land Tax, Land Registration fees and other fees which may be applicable if the property is leasehold. We will calculate these disbursements for you and include them on the estimate that we will give to you. |