Selling a Freehold home
The process
It is now law that prior to putting your property on the market for sale a Home Information Pack has to be in place. This is something which we can do for you and we will liaise with the Agents when this is ready and the property can be marketed.
The conveyancing procedure on a sale would be that as your Solicitors we would be the ones to issue the contract to the purchasers Solicitors including the Home Information Pack and other relevant documentation contained within the deeds and the Purchasers Solicitors would check the documentation and if necessary raise any enquiries. We may have to forward some of the enquiries to you for completion since sometimes some of the enquiries relate more to the property than what is contained within the deeds. We would ensure that if you have both a sale and purchase that both matters proceed together and that you are not left at risk.
We deal with all aspects of residential conveyancing which includes:-
- Freehold Conveyancing
- Acting and advising Sellers and Purchasers in connection freehold conveyancing, including dealing with:
- Mortgage Companies requirements
- Probate linked property sales
- Matrimonial linked sales
- Remortgages
- Property Development work
- Investment properties
Selling a leasehold home
The process
We also deal with all aspects of residential leasehold conveyancing which in addition to ordinary leasehold transactions can include Shared Ownership Housing Schemes and Shared equity schemes. Our services include:
- Leasehold Conveyancing
- Acting for both Sellers and Purchasers in connection with leasehold conveyancing, including dealing with:
- Checking the terms of the Lease;
- Obtaining consents (if required) from the Landlord/Managing Agent.
- Dealing with Managing Agents and/or Landlords as to their requirements.
- Deeds of Covenants (where applicable)
- Mortgage Companies requirements
- Lease extensions where the term of years left on the Lease is not sufficient for a Mortgage Company or to enable the property to be sold.
Shared ownership housing schemes - are also leasehold properties and they are schemes whereby a Purchaser can purchase a share of the property, for example 25%, 50% or 75% of the property and the remaining percentage of the property not purchased is rented. An owner of a Shared Ownership Housing Scheme can purchase remaining shares ("staircase") in accordance with the terms of the Lease until they own 100% of the property if they so wish.
Shared equity schemes - these schemes are designed to help first time buyers and there are a couple of government schemes available as well as schemes which some Developers offer.
If you wish to let your property we can draw up the appropriate Assured Shorthold Tenancy Agreement and advise accordingly.
