Walsall Residential Conveyancing

The cost of a transaction can vary depending on what is to be involve however, it is important to know what the costs may be from the onset as it can be a big financial commitment. Some of the factors that will be taken into account to assist with producing a quote is, are you’re a first time buyer, the price of the property and is the property freehold or leasehold.

The Quote will contain the cost of any third-party fees that we are aware of such as the cost of searches and the cost of the SDLT (Stamp duty land tax) payable on the transaction.  In addition it will include the breakdown of our fee for the transaction so that you will be able to clearly see what the transaction will cost.

We offer a no sale, no fee guarantee. Meaning that if your sale or purchase doesn’t proceed then our fee would not be payable. In addition we will always do our best to progress your matter as quickly as possible.

Most transactions complete within 12 weeks. This is particularly so if you are part of a chain. A chain is where the person you are buying from has a property to buy before they sell your new property to you. The same situation is repeated if the new property of the person you are buying from has owners who also need to buy.

If you are in a chain, the transaction can only proceed as quickly as the slowest person in the chain. We have no control over this and we cannot know at this stage whether there is a chain.

We may need information or documents from you throughout the transaction. If we ask you for information or documents, you must provide it in writing as soon as possible. This ensures that your transaction proceeds as quickly as possible. We ask for information in writing so that the correct information is incorporated into documents. Any time spent waiting for you to provide information will add to the overall time it takes.

We will use reasonable endeavours to complete the transaction by your preferred completion date. However, any such dates are an estimate only and time will not be of the essence of this agreement. There are circumstances outside of our control which mean that we cannot guarantee a completion date which circumstances include but are not limited to delays by you in providing instructions to us and/or any delays by third-parties, their representatives, mortgage companies or other lenders, search providers, local authorities, title restriction holders or surveyors. Other circumstances include Banking Failures and failures to comply with Fraud Prevention Procedures.

We would always advise on having searches conducted as it can highlight some pertinent information that may not be visible from an initial look. If you are proceeding with the assistance of a mortgage then you will be required to have searches in place however, if you are a cash buyer then you may if you wish proceed without having searches conducted.