Conveyance Cardiff

Conveyancing, Easier Than Ever

Conveyancing can be costly and charges vary significantly between solicitors. We aim to make this process as inexpensive, simple and as easy as we can, instantaneously providing you with best price quote we could quickly. Whether you are looking to buy, sell or refinance a home in Cardiff, we will offer you a no Move No Fee guarantee.

Cardiff Conveyancing Quotes – No Move No Fee Policy

It’s likely that you only purchase a home only once in your life, conveyancing cardiff we have decades of experience. Get an instant conveyancing estimate directly from a UK legal professional or conveyancer in or near Cardiff. Simply fill in some details regarding the move of your home and our team will guide you with the process by making it fast, transparent and easy to understand.

Select the quote you’d like for, then complete a short questionnaire and we’ll be back in touch as soon as possible!

What is Conveyancing

If you’re still unsure, which is totally understandable because it’s such a complex procedure, conveyancing means the legally binding transfer residence from one proprietor to the other. It requires a conveyancing lawyer or licensed conveyancers, acting for the buyer they ensure that they receive the title deeds to the house as well as the land it is situated on. Conveyancing summarises the process of obtaining legal and administrative approvals to ensure that a home purchase is legal.

1. Initial Agreement

The first step is to find a solicitor/conveyancer and instruct them to carry out the process of transferring ownership of the property from seller to buyer.

After this, the appointed conveyancer will create an agreement draft with the price they have agreed to, as well as the transaction details. The Estate Agent/Seller will then arrange the Energy Performance certificate.

The Seller is then required to fill in and submit the “Property Information” and “Fittings and Contents” forms and send them to the solicitor of the buyer in conjunction with the contract.

The solicitor for the Seller’s side now has to create and submit the contract to the solicitor representing the Buyer along with the information about the title to the property and any important documents contained in the agreement. The Buyer’s solicitor has the ability to ask questions about the documents.

A request to the Mortgage Company will be needed when the Buyer is willing to obtain a Mortgage, that must be approved before he can proceed to exchange contracts. The Buyer should have their finalized financing before the exchange.

If the buyer acquires the property, he must obtain a survey on it before making an exchange of contracts. This usually is done with the help of the Mortgage Company.

The solicitors of the buyer will conduct the required Searches (Local or Water Searches …). They will do this based on the type of property they purchased it, its current condition and the condition of the property.

If there’s more than one transaction (what’s called”a “chain of transactions”) and the same process is carried out for every one of them. Contracts are not exchanged until the parties have all arranged their finance and everybody in the chain is willing to complete the transaction.

2. Exchange of Contracts

When all the steps listed above have been completed and everyone involved in the transaction or chain of transactions have agreed on a completion date and the solicitors exchange contracts.

The buyer is now required to make a payment (usually 10 percent of the purchase price). If the Buyer is selling his own home, that deposit will be used for the purchase.

Within 2 to 4 weeks from the date of the exchange and as per the agreements between the parties and their solicitors is the day of completion. It should be a day that falls on a weekday and, more preferably an event on the day that both parties move.

The solicitors for the Buyer’s lawyer will prepare the transfer of the property in between the process of exchange and the closing of contracts. The Transfer must be accepted by the solicitors for the Seller and signed by the parties.

If the Buyer intends to get an mortgage, their solicitor will submit a report of the title to the property to the Mortgage Company in accordance with the specific instructions provided by them. They will then apply for the Mortgage Advance, normally received on the same day as completion.

The solicitor for the Buyer’s lawyer will complete all final Search of Land Registry and Charges checks and procure the money needed from the buyer to finish.


3. Completion

The Buyer’s solicitors forward the balance of purchase cash via Telegraphic Transfer to the Seller’s solicitors. The parties will have to wait for the money to be received by the respective solicitor’s banks in the event of any chain of transactions.

Once the solicitor of the Seller has received the money for the purchase after which he releases the key, which is kept by an estate representative.

The solicitors of the Seller’s solicitors will deliver that transfer notice to the solicitors of the buyer as well as these to the buyer along with any other paperwork related to the property.

The solicitors of the Seller’s solicitors will lend any mortgage/s they have to the Seller.

The Buyer’s solicitors will send the stamp duties and Land Transaction Returns of the property to Inland Revenue.

Lastly, the Buyer’s solicitors will be notified of the receipt of the certificate from Inland Revenue. Inland Revenue and register the title of the buyer at Land Registry.

You want to know how much is it going to cost? Try our online, instant and absolutely free quotation service!

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