Conveyancing is the legal process of moving the ownership of a property from a seller to a buyer. At BLJ Solicitors in Liverpool, we are one company that offers conveyancing to customers without also being real estate agents. As such we are uniquely qualified to explain how you can go about buying a property; from the first step of making an offer on a property, to the last step of collecting the keys. Conveyancing can be a long process, and sometimes it also proves frustrating but if you know what to expect going into it, you can keep any frustrations and delays to a minimum.
Conveyancing can largely be divided into three main stages. The first is the ‘Offer stage’. The offer stage is when the price is negotiated and financial arrangements can be confirmed. Once verbal confirmation of a price is negotiated, contracts will be written up by whichever conveyance company you have chosen. They will make you aware of their own charges as well as any deposits that are required. Plenty of solicitors in Liverpool, and the UK as a whole offer this service so don’t feel like you have to use the Real Estate agents conveyancer. Shop around and save money as a result.
As Solicitors in Liverpool, we have helped to convey houses all over the city, the Wirral, and in nearby towns such as Chester as well. In almost all of our cases the second stage, the ‘Contract Stage’, takes the longest to complete. Your solicitor will examine the draft contract first before you check whether there are any queries of concerns personally (hot tip; be sure to double check the tenure of the property; is it a lease hold or is it a freehold? If it’s leasehold, how many years does it have left)? Once both parties are happy with the contract then it is time for property searches. Your conveyancer should do a legal check of ownership with the Land Registry, as well as local authority checks as well. Checking flood risk, water authority, and any individual checks specific to the area are also advised. In our time as Conveyance solicitors in Liverpool, we have seen our fair share of people skip or hurry this part and live to regret it. Lastly in this stage you will also need a mortgage valuation and of course you will need to have the mortgage in place ready for the transaction to take place.
The final stage is also the most exciting. The ‘Completion stage’ begins with the signing of contracts. After this stage it is usually 4-12 weeks before you can move into your new property. A completion date is fixed, and your deposit is put into your conveyancers account. You will then exchange contracts and after this exchange the agreement is legally binding. From here it is just a case of agreeing upon a date to move in to your new property!
Conveyancing is a long, often arduous process! As solicitors in Liverpool that are able to perform this task, here at BLJ we have seen the process take 6 months, but we have also seen it take 6 weeks. We hope this concise guide explaining the process of conveyancing stage by stage helps you to move house as quickly and as painlessly as possible.
What is Mediation and How does it work? BLJ Solicitors, one of the best solicitors in Liverpool ex
People often discuss mediation when matrimony is deteriorating. A couple may be able to stayaway from going to court with one another by alternatively using the services of a mediator. Here at BLJ solicitors, one of the best and biggest solicitors in Liverpool we provide this service to all that want it. There is more to mediation though, than just being a means to avoid going to court. There are things that each partner needs to be familiar with when entering into mediation, as well as key technicalities everyone needs to know. So here are 4 key questions, answered by one of the best solicitors in Liverpool.
Three Reasons To Introduce Disc Assessment Into Your Company’s Interviewing Process
Choosing the right personnel for your company can be a concern. In many ways it is much harder today than it has ever been previous to. High levels of highly competent and highly seasoned applicants is certainly a great situation to be in for any firm, but with so many good candidates, selecting between them can become an extremely difficult task. It can be even more complicated to decide after interviews in which several candidates all excel, and there is little to choose between them. It is here though that Disc Assessment can be used by a corporation to help make a choice.
How to Overcome Stress at Work: 6 Ways Team Management Training Can Help
Strain, struggle and pressure are experienced by individuals in any workforce. Although this stress is not likely to go away, it can be channelled into a healthful way to drive the team. Team cohesion training can be handy for figuring out stress reactions and encouraging members of the team comprehend one another's reactions.
