Licensed Conveyancers in London
Property is likely to be one of the biggest investments you ever make, and so you need to make sure you have the best conveyancing solicitors supporting your investment.
At Farani Taylor, we have a team of highly experienced property lawyers who are both knowledgeable in commercial conveyancing as well as for private individuals. We can assess your situation so we know exactly what is important to you, ensuring you get all the support you need.
What Does the Conveyancing Process Involve?
Conveyancing is the action of preparing documents for the transfer of property. The property could be anything from a house, flat or a piece of land. The legal issues surrounding conveyancing must be handled in a delicate and expert manner. These include, fixing the boundaries of the property, specifying planning restrictions, sale price, inclusion of fittings and fixtures and legal restrictions.
There are three stages of the conveyancing process, and our property solicitors are happy to help you through all of these. The first stage is known as the pre-exchange. Before you buy a property, you need to make sure that you know exactly what you are buying. Our solicitors will carry out a pre-contract investigation, which includes:
- Ensuring that that seller can legally sell.
- Ensuring the seller fills in a property information form that states the items included in the sale price, whether there are neighbour disputes, whether there are plans for development nearby.
- Enquiries into the local authorities and utility companies.
- Survey of the property.
- Finance and mortgage advice.
After our investigation, if you are still happy to proceed with the purchase, our solicitors can help you with the exchange. We will draw up your contract for the purchase, and will ensure it is signed by the seller. We can schedule a date for completion and make sure the deposit you pay is accepted and received.
The final stage of the transaction is the completion. The completion normally occurs between 12pm and 2pm on the date specified in your contract, depending on the banks. Up until the contracts are signed, yourself or the seller can cancel at any time. Once the contract has been signed by both of you, there may be consequences if you fail to complete. These may include:
- If you fail to complete the transaction on time, the seller is entitled to charge you interest until the process is complete, or may be entitled to cancel the transaction.
- You may have to pay the full 10% deposit, even if you do not move in.
- The seller can claim compensation.
To avoid this happening, and ensuring that the process is completed quickly and successfully, it is imperative you get effective legal advice.
How Can Our Property Solicitors Help You?
At Farani Taylor, our property lawyers are well experienced in driving property transactions of all kinds. We know how stressful the process can be, so we take the legalities off your hands but keep you informed along the way. This means that you experience minimal fuss as well as a speedy process.
Our property solicitors are well versed in all types of the law, as well as the conveyancing process, so they can advise you no matter what your situation may be.
At Farani Taylor, our team of conveyance solicitors will help you complete the process quickly and as cheaply as possible. We have extensive experience of the whole conveyancing procedure, meaning that this complex legal process will run as smoothly as possible. Our property team will be on hand to guide you right until you open the front door of your new home.
Contact Our Property Lawyers Today
For conveyancing queries and questions please contact us today on 0207 118 1666.