Quick Guide To Conveyancing

Contact Wessex Conveyancing. Simply complete the form on our “Estimates Online” section and we will be able to advise you of all of the costs of the transaction. You will have to tell us the property address, the price and, of course, your details. Alternatively, please phone us, send an e-mail or visit the office in person and we can discuss your requirements and open our Conveyancing file.

We will provide you with our Estimate at the outset. This will include our Conveyancing fee (plus the VAT currently 17.5%) and we will also advise you of any Stamp Duty Land Tax payable, the Land Registry fees and search fee applicable to your property sale or purchase.

Contact Wessex Conveyancing. Simply complete the form on our “Estimates Online” section and we will be able to advise you of all of the costs of the transaction. You will have to tell us the property address, the price and, of course, your details. Alternatively, please phone us, send an e-mail or visit the office in person and we can discuss your requirements and open our Conveyancing file.

You are very welcome to attend our offices at any time or telephone us to discuss your transaction. If, due to work or other commitments this is not possible we can communicate with you by fax or e-mail or by post if preferred. If you live or work overseas we can arrange for essential documents to be delivered to you by courier for an additional charge.

Generally, Wessex Conveyancing Services does not make any additional charge if you subsequently proceed to sell or if you purchase another property through us. You may, of course, have already paid your search fees and, unfortunately, once searches have been carried out it is not possible for these to be refunded.

Yes, in certain circumstances. Provided there is no obvious conflict of interest and neither party has any objection we can act for both the Seller and Buyer. Each party will, of course, be represented by a separate Licensed Conveyancer within the firm and you can be assured that all of the usual procedures will be properly observed in the same way as if you had been represented by a different firm.

In a property transaction a draft Contract is prepared by the Sellers Conveyancer and sent to the Buyers Conveyancer for approval. The Contract will include details of the legal title to the property, a list of Fixtures and Fittings which are included in the sale and any special conditions relevant to the property. The Buyers Conveyancers will then check the legal title and carry out preliminary searches and enquiries. Once they are satisfied that all is in order the Buyer and Seller both individually sign a copy of the Contract and the two parts are then literally exchanged between the two Conveyancers. At that point the Contract becomes legally binding, the completion date is fixed and neither party can withdraw from the transaction.

A Local Search is a formal investigation (or check) of the Local Land Charges Registers held by the Local Authority. The Search will disclose any new roads being planned near the property you are purchasing. It will reveal details of any past planning permissions or refusals for extensions, alterations etc. It will advise whether the roadway serving the property is an adopted highway and much other useful information. If you are having a Mortgage it is an essential requirement and even if you are not it is always strongly recommended that a Local Search is carried out on your behalf in any property purchase.

On the day of completion you will need to aim to move out of the house you are selling by lunchtime and into your new home during the afternoon. If there is a long chain you may find there is a delay whilst the monies are transferred between the Banks. Please be patient and remember that we will do whatever we can to speed the process but we have no control over what time Mortgage funds are released by Lenders.

Once the purchase monies are received we will pay off any outstanding Mortgages, pay your Estate Agents commission and pay any balance to you. This can be either be cheque or direct Bank transfer to your account if requested.

If you are the Seller you should take the keys to the Estate Agent on the day of completion so that they can be released to the Buyer once all of the purchase money has been received from the Buyers Conveyancers. If it is a private sale with no Estate Agents involved you will need to make your own arrangements with the Buyer about handing over the keys. We will advise you and we often can assist in the process if required.

If you are the Purchaser you will be able to obtain the keys from the Estate Agents once your purchase money has been received by the Sellers Conveyancers and the Sellers have vacated the property.

In the majority of transactions completion has been effected and keys released by about 12 noon – 1pm.

We will ask for your deposit money before Contracts are exchanged. The deposit will have to be cleared before we can exchange Contracts so payment by Building Society cheque, Bank draft or Bank transfer will save time and is the preferred method of payment. We will advise you of the exact amount required and provide you with our Bank details at the appropriate time.

In straightforward cases about 4-6 weeks is usual. If there is a “chain” of properties it may well take longer but we will always try to work to your requirements regarding completion dates.