Residential Property Solicitors | Waldrons Solicitors

You will have a dedicated Property Expert who will guide you through every step of the way. We are not a conveyancing factory and we guarantee you won’t be fobbed off.

Buying a Residential Property

FAQs

Timescales: how long will my property purchase take?

While we are able to deal with a residential property transaction quickly, we will always be reliant on third parties including the seller and mortgage lender. Most purchases complete within 10 to 12 weeks. It can, however, be difficult to provide a specific time estimate in a property transaction particularly 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.

Typical stages of a residential property purchase?

Step 1 : Take initial instructions & ask how you are funding the purchase.
Step 2 : We make contact with the Seller’s solicitors requesting they forward the draft contract pack to us.
Step 3 : Carry out searches.
Step 4 : Make enquires about the title to the property and any issues that need to be addressed.
Step 5 : Provide you with a full written advice report on the title and any associated papers received including the results of the searches

Step 6 : Advise you on the conditions of your mortgage offer, if applicable.
Step 7 : We will send the final contract to you for signature.
Step 8 : Send you a Completion Statement and arrange for all monies to be received from your lender and from you.
Step 9 : Agree a date for completion & exchange contracts.
Step 10 : Completion can then take place at which point you will legally own the property.
Step 11 : Deal with Stamp Duty Land Tax & ensure that you are registered with the Land Registry as the legal owner of the property ( Stamp Duty Land Tax / Land Transaction Tax) .

Property Purchase fees

Please view our costs here

Costs We are clear on costs 100% of the time.

Dedicated You will have direct access to a Legal Advisor throughout your matter.

Established We have over 150 years’ experience in providing specialist legal advice representing individuals.

Flexibility We are available for appointments at your home, at hospital or another location that’s convenient for you.

Hassle Free Our Property Team can help you move quickly and without the hassle

No Sale, No Fee Guarantee If your purchase does not complete you won’t pay a penny in legal fees. You will only have to pay for payments made on your behalf such as search fees.