Conveyancing Services We Offer in Worcester
Belinda, Sophie and the Worcester team are highly specialised in a variety of areas such as:
- Sale & Purchase of both Freehold and Leasehold Land
- Right to Buy
Purchasing a Home
We understand that purchasing a home can be a daunting process whether you’re a first time buyer or a property investor with multiple homes. At Waldrons we will ensure to keep the process as simple as possible and explain the process in a way that you can understand. This way, you’re kept updated throughout the process and aren’t left in the dark wondering what stage of the process your purchase has reached.
We have outlined below a simplified version of what is involved in the conveyancing process when buying a property:
- Stage 1: Instructing a Conveyancer and undertaking initial ID and regulatory checks.
- Stage 2: Conducting searches and raising enquiries
- Stage 3: Securing funding for the purchase i.e. a mortgage
- Stage 4: Finalising outstanding enquiries and arranging to sign the contract documentation
- Stage 5: Exchange of contracts
- Stage 6: Completion
Selling a Home
As soon as you have accepted an offer from a buyer, it would be advisable to instruct a conveyancing solicitor to act for you in the sale. As soon as you have done this, your conveyancer will ask you to complete some forms in relation to the property. These are usually:
- Property Information Form (TA6)
- Fittings and Contents Form (TA10)
- If you are selling a Leasehold property you may also be asked to complete a:
- Leasehold Information Form (TA7)
Once you have completed and returned these to your conveyancer, they will then begin with the conveyancing for the sale. This will include:
- Sending a draft contract pack which will include the information forms you have completed, an EPC, a draft contract and the title deeds to the property.
- Obtaining information in relation to any outstanding mortgages/charges on the property
- Dealing with enquiries raised by the buyers solicitor.
When selling a residential property in the UK you must ensure there is a valid Energy Performance Certificate (EPC). You can check if your property has a valid EPC on the central register. If there is not, you will need to arrange for this to be done as soon as possible.
When looking to remortgage one thing to consider when choosing a conveyancer is to ensure the conveyancer is on the lender’s panel. Waldrons are on the lender panel for a number of lenders including the main high street lenders so we will most likely be able to assist.
Once you have instructed a conveyancer, they will act for both yourself and the lender during the remortgage process to ensure any of the specific conditions or requirements the lender may have imposed on the remortgage are fulfilled.
Your conveyancer will check your current title and review your existing mortgage. Once this has been done and the conditions of your new mortgage offer have been satisfied, your conveyancer will arrange to redeem your old mortgage using the funds from your new mortgage. Once this has taken place, the remortgage will be complete and your conveyancer will attend to registering the new mortgage on your title.
Typically, when purchasing a residential property in the UK the following searches are conducted:
- Local Authority search
- Environmental search
- Coal Mining search
- Drainage and Water search
However, if during your conveyancing process it is revealed that you require further searches your conveyancer will advise you on these.
View our frequently asked questions about Conveyancing in Worcester.
How Much Does Conveyancing Cost?
Here at Waldrons we understand that moving house can be costly, that’s why we offer a competitive and tailor-made quote to suit your circumstances. If you require a quote, please Contact Us or alternatively call our offices to speak to a member of the team.
How Long Does the Conveyancing Process Take?
Usually a residential conveyancing transaction can take anything between 8-12 weeks however there is no definitive answer as each transaction is different. There are a number of factors that can affect the conveyancing timeline such as buying with a mortgage, being part of a lengthy chain or having a related sale.
Leasehold property transactions can also often take longer to complete than freehold property transactions. This is mostly due to the fact that leasehold transactions often have more complex legal documents which require more time and attention.
Even though delays can occur in some property transactions, the majority of transactions do complete within the national timeframe of 8-12 weeks.
What Do Residential Conveyancers Do?
Residential Conveyancers work on the legal side of buying and selling residential properties. Residential properties are properties that people live in, as opposed to properties where people might run a business. Conveyancers assist the buyers and sellers through each step of the conveyancing process, ensuring that the property is legally and properly transferred.
What Searches are Done When Buying a House?
Typically, when buying a residential property in the UK, Local Authority, Environmental, Coal Mining and Drainage & Water Searches are carried out.
If you require further searches your conveyancer will advise you on what’s needed.
Worcester Office Details
- City Wells House, 26 Sidbury, Worcester, WR1 2HZ
- 01905 900 900