Buying a new home can be an extremely stressful experience, especially as it is likely to be one of the biggest purchases that you will ever make.
Braddon and Snow has a large and extremely experienced conveyancing team, who will be able to make the process as straightforward as possible, whether it is your first step on the property ladder or you are buying your dream home.
Our Conveyancing department can assist you whether the property involved is a flat, house or mansion. We endeavour to provide you with a fixed price quotation before we start. Our conveyancing services include:
Shared ownership properties and the specific legal complexities surrounding these properties are an area of special interest for our Conveyancing team. Please contact our offices to discuss the specialist advice which we can offer in these cases.
Why trust our residential conveyancing solicitors with your home?
The quality of our residential conveyancing service is illustrated by the amount of returning business we receive from satisfied clients and from those to whom we have been recommended.
We are well known for our expertise and experience in residential property transactions. Our clients include private individuals, trustees, companies, builders and landowners who all have a common need for specialist yet cost effective advice.
Our team is independently accredited by the Law Society’s Conveyancing Quality Scheme (CQS) in recognition of the high standards of our residential property services.
Speak to our residential conveyancing solicitors in Hoddesdon or Broxbourne
For a free, no obligation conveyancing quote or to find out more about how we can help you, please get in touch:
- Request a conveyancing quote
- Call our Hoddesdon office: 01992 464552
- Call our Broxbourne office: 01992 464552
- Email: mail@braddonsnow.co.uk
How we can help with your residential conveyancing
Buying residential property
We can guide you through the whole legal process of buying a property, whether it’s your first home, you’re moving in, or your buying as an investment.
Our residential conveyancing solicitors can assist with matters including:
- Reviewing contracts of sale & Home Information Packs (HIPs)
- Raising queries with the seller’s solicitors
- Negotiating amends to the terms of the sale
- Carrying out conveyancing checks
- Handling exchange of contracts
- Transferring the deposit to the seller’s solicitors
- Transferring the outstanding balance to the seller’s solicitors on completion
- Handling payment of Stamp Duty Land Tax (SDLT)
- Registering the change of ownership with the Land Registry
Find out more about how we can help with sale and purchase conveyancing.
Selling residential property
When selling a property, there are various key legal steps you need to go through to ensure a smooth sale and keep yourself protected.
Our residential conveyancers can assist with matters including:
- Requesting a redemption statement from your mortgage lender
- Drafting contracts of sale
- Putting together Home Information Packs (HIPs)
- Answering queries raised by the buyer’s solicitors
- Negotiating any required amends to the contracts of sale
- Handling exchange of contracts
- Taking receipt of the buyer’s deposit
- Taking receipt of the balance of payment on completion
- Using the funds received to pay off your existing mortgage and transferring any remaining balance to you
- Paying any applicable taxes (such as Capital Gains Tax when selling a rental property)
Find out more about how we can help with sale and purchase conveyancing.
Transfer of equity
Transfer of equity allows you to add or remove someone from the title of a property and your mortgage. It is usually carried out in situations such as where a couple are getting married and one spouse needs to be added to the ownership of a property or where a couple are getting divorced and one spouse needs to be removed from the ownership of a property.
Our Residential Conveyancing Team can help with every stage of a transfer of equity, including:
- Dealing with your mortgage lender
- Registering the change of ownership with the Land Registry
- Creating a declaration of trust to clarify what portion of a jointly owned property each person is entitled to
Our Wills & Probate Team can also assist with updating your Will to reflect the change in your circumstances where required.
Find out more about how we can help with transfers of equity.
Remortgaging
Remortgaging can allow you to cut your monthly repayments, borrow more or rent out your old home. Our team can help you get the right terms for your new mortgage and keep the remortgaging process as straightforward and smooth as possible.
We can guide you through every stage of remortgaging, including:
- Requesting a redemption statement from your current lender (showing how much you need to repay and any fees for early repayment)
- Reviewing the terms of your new mortgage
- Handling transfer of funds from your new lender to your old lender
- Registering the change of lender with the Land Registry
Find out more about how we can help with remortgages.
Lease extensions
As a leaseholder, extending your lease can significantly increase the value of your home, as well as making it more desirable to potential buyers.
Our team can help with all types of lease extensions and related issues, including:
- Statutory lease extensions
- Private lease extensions by voluntary agreement with the freeholder
- Buying the freehold on a leasehold property
Find out more about how we can help with lease extensions.
Our residential conveyancing fees
We typically offer fixed fee conveyancing, where we agree a price in advance to complete every stage of your transaction. This price will include our fees and the costs we pay to third parties (known as ‘disbursements’) for things like property searches.
This approach means you will know exactly how much your conveyancing should cost from the outset, so you can budget accordingly.
In the unlikely event that any unexpected complexities or other issues arise during the course of your transaction, or there is a change to your instructions, we will agree any resultant change in fees with you in advance.
To see how much your conveyancing might cost, you can request a conveyancing quote.
Find out more about our residential conveyancing pricing.
Residential conveyancing FAQs
How long does conveyancing take?
This will depend on the type of transaction and the issues involved. Buying or selling a property and lease extensions can typically be completed in around 4-12 weeks, unless there are any major unexpected issues to deal with. Remortgaging and transfer of equity can often be completed faster, but again, it depends on the issues involved.
How much does conveyancing cost?
This will depend on various factors, including the value of the property, what types of conveyancing searches need to be carried out and any specific issues that need to be dealt with.
To see how much your conveyancing might cost, you can request a conveyancing quote.
What conveyancing searches do you need?
The main conveyancing searches you will need to have carried out when buying a property are:
Local Authority Searches – checking for issues such as whether the building is listed, if it’s in a conversation area and whether there are any new property developments or roads planned in the area.
Water and Draining Searches – checking who is responsible for the property’s water supply and sewerage and for issues such as whether there are any public sewers running under the property.
Environmental Searches – checking for any issues connected to previous use of the land or other environmental risks, such as the potential for landslides and subsidence, contamination of the land and risk of flooding.
Other searches that may be required depending on where the property is include:
Mining Searches – if the property is in an area where mining activity was previous carried out, this type of search can determine whether there is any risk of the ground under the property being unstable as a result.
Chancel Repair Liability Searches – where a property is within the parish of a church, there is the potential that the property owner could be liable to contribute towards the cost of maintaining that church. Checking with the Land Registry allows you to see whether this applies to your property.
Why do you need a lawyer to do conveyancing for you?
Technically, no, you could handle the process yourself. But there are a number of good reasons why you really should get an expert to do your conveyancing for you:
- Professional expertise – a good conveyancer will know all of the details that need to be taken care of and make sure nothing is missed that could hold up your conveyancing or end up costing you more.
- Liability insurance – law firms are required to have substantial liability insurance policies in place. This means if they do make a mistake that costs you money, you’ll be covered. If you do your own conveyancing, you won’t be.
- Speed – your conveyancer will be doing these types of transactions all the time, so they will be able to get right on with it. If you do it yourself, you’ll have to figure the whole process out yourself, which is likely to take much longer.
- Cost-effectiveness – While it might seem cheaper to do your own conveyancing, it’s usually a false economy. There are various reasons for this, including the amount of time it takes, which often requires people to take time out of work, and the risk of making mistakes or running into avoidable issues that end up costing you more.
- Less stress – conveyancing can be very stressful if you don’t know what you’re doing. Letting a professional handle the process for you makes things much easier and can allow you to focus on the other things you need to take care of.
Speak to our residential conveyancing solicitors in Hoddesdon or Broxbourne
For a free, no obligation conveyancing quote or to find out more about how we can help you, please get in touch:
- Request a conveyancing quote
- Call our Hoddesdon office: 01992 464552
- Call our Broxbourne office: 01992 464552
- Email: mail@braddonsnow.co.uk