Buying or Selling Your Home Solicitors in Scunthorpe & Goole
The process of moving house can potentially be one of the most stressful and difficult events in your life. However, with the right guidance, the experience can be smooth and straightforward. Our conveyancers can take care of the legal side for you, allowing you to focus on the more exciting aspects of the move.
Our key aim is to keep you informed throughout the process. This starts at the very outset by supplying you with full details of your quote and the costs. The next stage of the process will usually involve property searches and enquiry forms. When acting for the seller, we can explain the forms to you, and guide you to complete them correctly. When acting for the buyer we will always report to you with our findings so that you can make informed decisions going forwards.
As the process moves towards exchange of contracts and completion then we aim to be sensitive to your needs, attempting to arrange suitable dates. We have significant experience dealing with Banks and Building Societies, putting us in a great position to act for buyers and their lenders.
Want to see how much your conveyancing might cost? Try our simple conveyancing quote tool.
We are always on the other end of a telephone to answer any query that you may have and our aim is for you to feel like you are in a safe pair of hands.
We have local teams in Scunthorpe and Goole and work with clients across Lincolnshire and Yorkshire. Our modern approach to the conveyancing process means that we can assist on a house sale or purchase anywhere in England and Wales. We can work remotely so as to serve all of our clients far and wide.
What our residential sale and purchase conveyancers can do for you
Freehold residential purchase
Whether you are buying your first home, moving on or buying for investment purposes, we can support you through the whole process. We understand how important your purchase is to you, so will provide the high level of service you deserve.
Our freehold purchase experts can assist with every part of the process, including:
- Reviewing the contracts of sale and raising enquiries
- Arranging conveyancing searches
- Handling the transfer of funds
- Exchanging contracts
- Scheduling completion of the sale
- Registering the change of ownership with HM Land Registry
Leasehold residential purchase
Buying a leasehold property is in many ways the same as buying a freehold property, but there are additional issues that must be accounted for. Failing to properly understand what it means to buy a leasehold and what the terms of your lease are can have very significant consequences.
Our leasehold purchase experts can assist with all of the standard aspects of buying a property, as well as specific leasehold matters, including:
- Confirming the terms of the lease
- Advising you of any limitations on your rights as the leaseholder
- Confirming the remaining time left on the lease and any impact this may have on the value of the leasehold
- Advising on Ground Rent and Service Charges and other costs you may not have considered
- Ensuring the property is properly managed
When selling a property, you must make sure the contract of sale is watertight and provide a lot of information to the purchaser. Getting expert help makes sure no issues are overlooked that could put you at legal risk, as well as helping to ensure a smooth sale.
Our residential sale experts can assist with matters including:
- Preparing the contracts of sale
- Answering any enquiries raised by the buyer’s solicitors
- Handling exchange of contracts
- Arranging completion
- Dealing with the transfer of funds
- Dealing with the redemption of any mortgages or secured loans
How buying a home works
Choosing your solicitor
Once you have had an offer accepted and arranged a mortgage, you will need to choose a solicitor to handle your conveyancing. We always recommend choosing a firm that is accredited by the Law Society’s Conveyancing Quality Scheme (CQS), like Symes Bains Broomer.
The seller’s solicitors will prepare the contracts of sale and send them to your solicitors for review. Your solicitor will then raise any enquiries they have about the property or the terms of the contract with the seller’s solicitors. If the property is a leasehold, this should be confirmed at this stage and the details of the lease clarified.
Your solicitor will arrange for conveyancing checks to be carried out, including Local Authority and Environment Agency searches. These are checking for any issues that could potentially impact you once the purchase is complete.
While this step is optional, you should think carefully about having a property survey carried out. This means getting a surveyor to check the condition of the property for any potential problems you would need to fix. There are different levels of survey you can have carried out, depending on how thorough an inspection you would like and how much detail you would like concerning any problems.
Paying the deposit
You will need to transfer a deposit of 10% of the purchase price to your solicitor. They will hold this for you to transfer to the seller’s solicitors when you exchange contracts.
Exchange of contracts
Once you and your solicitor are happy with the contracts of sale, both you and the seller will sign copies, then exchange them via your solicitors. At this point, you are legally committed to buying the property and the seller is legally committed to sell. If you were to pull out for any reason after this point, your 10% deposit could be kept by the seller.
Completion is the date on which the balance of the purchase price remaining is transferred to the seller. If you are paying a larger than 10% deposit, you will need to transfer the rest of your funds to your solicitor in advance. If the rest is being covered by a mortgage, your mortgage provider will take care of this for you. Once completion has taken place, the property is now legally yours.
Registering your ownership
After completion, your solicitor will record the details of your new ownership and any mortgage provider with HM Land Registry. It typically takes anywhere from a few months to a year for the Registry to be updated.
How selling a home works
Choosing your solicitors
After choosing an estate agent, we recommend choosing your solicitor early in the process. This helps to avoid any delays once you have an offer. A firm that is accredited by the Law Society’s Conveyancing Quality Scheme (CQS), like Symes Bains Broomer, is always a safe bet.
Providing key information
You will need to provide various key pieces of information for the purposes of drawing up the contracts of sale. Your conveyancing solicitor will guide you through this process.
Once they have all of the necessary information, your solicitor will prepare the draft contracts of sale setting out the terms of the transaction.
It is likely that the buyer’s solicitor will raise various enquiries about the property, so your solicitor may need further information from you in order to answer these points. This is a normal part of the process and should not be cause for concern.
Once both sides are happy with the terms of the contract, you and the buyer will each sign copies and these will be exchanged via your solicitors. From this point on, you are legally obligated to see the sale through, as is the buyer. Failure to complete on your part could result in the buyer raising a legal claim against you. The buyer will pay a 10% deposit at this point and, if they were to pull out, you would be legally entitled to keep the deposit.
On the agreed date, the outstanding balance will be transferred by the buyer’s solicitor to your solicitor. At this point, the sale is complete and the buyer is the new owner of the property. Your solicitor will then use the funds to pay off any outstanding mortgage balance you have and pay you the remainder.
Our conveyancing fees for buying or selling your home
We offer complete transparency with our pricing, so you can make a fair comparison with our competitors. You can read more about our pricing for different types of residential property sales and purchases using the links below.
You can also use our conveyancing quote tool to see how much your transaction might cost.
For more information about our fees and pricing, please get in touch.
Contact us about buying or selling your home
We have local teams in Scunthorpe and Goole and work with clients across Lincolnshire and Yorkshire. Our modern approach to the conveyancing process means that we can assist on a house sale or purchase anywhere in England and Wales. We can work remotely so as to serve all of our clients far and wide