Purchase or Sale Residential Conveyancing Made Simple
Buying or selling a home is exciting and complex, but the legal process doesn’t have to be overwhelming with the right advice and guidance. Our experienced conveyancing team will guide you through every stage of your transaction, from the initial paperwork and property searches through to exchange of contracts and completion.
Whether you're buying, selling or doing both, we'll explain what happens next, deal with any issues that arise and keep your move progressing.
Below, you can explore the conveyancing process in more detail, including what your property lawyer does, the searches involved and the costs you may need to consider.
Need help with your move today? Get a quote or speak to our conveyancing team.
What is residential conveyancing?
It is the process where the legal ownership of a property is transferred from one person to another. Whether buying or selling, you'll need an experienced conveyancer, property lawyer or solicitor to guide you through this intricate process.
From reviewing contracts and reviewing searches to handling deposits and registering new ownership with HM Land Registry. We will ensure everything runs smoothly. Remember, it's not just about finding your dream home; it's also about knowing everything there is to know about your property and land before you part with your money and ensuring a seamless transition into it.
Contracts & Legal Checks
We review the legal documentation relating to the property and identify anything that may need further investigation.
Searches & Enquiries
We carry out the appropriate property searches and raise the enquiries needed to help protect your interests.
Exchange & Completion
We manage the final legal stages of your transaction, including exchange of contracts, completion and registration where required.
The 6 main stages of buying or selling a home with RG Law
Important Things to Know
Property Searches
Property searches provide important information that may not be obvious from viewing the property itself. Depending on the property and its location, searches may include information relating to the local authority, water and drainage, environmental matters and other potential risks. Your property lawyer will review the search results and explain anything that requires further investigation.
Conveyancing Costs
The overall cost of conveyancing can include both our legal fees and payments made to third parties on your behalf, often referred to as disbursements. These may include search fees, Land Registry fees and other costs connected with your transaction. We aim to make our charges as clear as possible from the outset so you understand what you are paying for.
Property Chains
A property chain exists when several purchases and sales depend on one another completing at around the same time. Chains can sometimes cause delays because every transaction needs to reach the same stage before exchange and completion can take place. We will keep you informed of progress and work with the other parties involved to help move matters forward.
Gazumping
Dealing with gazumping can be tricky. Gazumping occurs when a seller accepts a higher offer after agreeing to sell their property to you. It's an unfortunate reality that can throw your conveyancing process off track" To guard against this, RG Law advises moving swiftly. Once your offer has been accepted, instruct us promptly so we can get the ball rolling. We'll aim to exchange contracts as quickly as possible and agree on a completion date. Remember, until contracts are exchanged, nothing is legally binding.
Source of Funds
When buying a property, we are required to understand where the money being used for your purchase has come from. This forms part of the legal requirements placed on solicitors and conveyancers to prevent money laundering and financial crime. We will therefore ask you to provide bank statements and other supporting documents showing the origins of your funds.
What Does Your Property Lawyer Do?
Your conveyancer is responsible for managing the legal side of your move and making sure the transaction is properly investigated before you become legally committed. Depending on whether you are buying or selling, this may include: Reviewing or preparing contracts Checking the legal title to the property Ordering and reviewing property searches Raising or responding to legal enquiries Liaising with mortgage lenders Checking source-of-funds information Reporting important findings to you Handling exchange of contracts Transferring completion funds Dealing with post-completion registration Just as importantly, your conveyancer should help you understand what is happening and explain any issues that arise in plain English.
Why Choose RG Law?
Moving home is a major life event, and good communication can make a significant difference to the experience. Our aim is to provide a conveyancing service that is clear, approachable and focused on keeping your transaction moving. Clear Communication We keep you informed throughout the transaction and explain the legal process in straightforward language.
Chain Free Purchases
A chain-free transaction usually means there are only two connected property transactions involved. This can sometimes make the process more straightforward, although the normal legal checks, searches, enquiries and mortgage requirements will still need to be completed.
Residential Conveyancing FAQs
How long does conveyancing take? There is no fixed timescale because every transaction is different. The time required can depend on factors such as the property chain, mortgage arrangements, searches, enquiries and how quickly the different parties respond. We will keep you updated as your transaction progresses. When should I instruct a conveyancer? If you are selling, you can instruct a conveyancer as soon as you decide to put your property on the market. If you are buying, you usually instruct your conveyancer once your offer has been accepted. Starting early can help avoid unnecessary delays. When does a property transaction become legally binding? In most residential transactions in England and Wales, the parties become legally committed when contracts are exchanged. Before exchange, either party can withdraw from the transaction. What happens on completion day? On completion day, the purchase funds are transferred between the lawyers. Once the seller's lawyer confirms that the funds have been received, the estate agent can normally release the keys to the buyer. Do I need property searches? If you are buying with a mortgage, your lender will usually require certain searches to be carried out. Even where searches are not mandatory, they can reveal important information about the property and surrounding area.
Our Promise to You
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Excellence: We set high standards. Take pride in the detail and always seek to improve.
Happiness: A positive & freindly approach. We want you to be happy throughout the process.
Togetherness: We support you and work with all parties to ensure a smooth process.
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Openness: Regular communication and honesty is key. We Listen, making sure we learn from all feedback.
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Opportunity: We encourage our clients to share their experience at any time during their transaction.