Residential Property Law

What is Residential Conveyancing?

Residential conveyancing involves the buying, selling, or transferring of property from one party to another.

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Investigating the title to the property, to include; carrying out searches* with respect to title and Local Government information for the property and reviewing replies given by the Seller to pre-contract enquiries;
Negotiating a purchase contract and Transfer document;
Advising you in respect of your Mortgage Offer, (if applicable);
Preparing a Report on Title;
Proceeding to exchange of contracts and then completion of the purchase;
Transferring funds by telegraphic transfer to the Seller’s solicitors and for relevant taxes;
Calculating Land Transaction Tax (LLT) on the purchase and preparing and submitting to Welsh Revenue Authority the appropriate LLT forms; and
Registering the purchase and, if applicable, the mortgage at the Land Registry.

Investigating the title to the property.
Assisting with the completion of the Conveyancing Protocol Forms.
Sending the Contract pack to the other side.
Assisting with the answer of any enquiries.
Negotiating a purchase contract and Transfer document;
Proceeding to exchange of contracts and then completion of the purchase;
Settling your account with Estate Agent, if applicable, and Redeeming your mortgage, if applicable.
Transferring funds by telegraphic transfer to you;

Our firm does not advise on the following matters:

Tax- We advise you to instruct a qualified Accountant in relation to matters concerning Taxation or alternative Taxation, except for Land Transaction Tax (LLT) and Stamp Duty Land Tax (SDLT). We will not provide advice on Capital Gains Tax but would point out that Capital Gains Tax returns must be submitted to HMRC and paid within 30 days of completing the transaction.
Finance- We do not provide financial advice on funding options i.e. Mortgages and Loans. We would suggest you instruct a Financial Adviser.
Property, Land or Asset Condition- We do not comment or provide advice in relation to the physical state or condition of property, land or assets. We do not comment upon valuations of the above and we would direct you to instruct a Surveyor or qualified Valuer.