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Conveyancing Solicitors Hemel Hempstead

If you’re looking to sell your house or move into the neighbourhood, you will need to make sure that you adhere to all the legal requirement of conveyancing in Hemel Hempstead. With our help, we will not only ensure that all the procedures are followed but also that you have an easy time during the process.

Conveyancing process for buying a house

Step 1 – Initial instructions from you

To start the process, you will need to get in touch with us. You will be requested to complete the initial paperwork and also provide us with forms of identity. If you would like us to conduct any searches, we will also request that you make the funds available for this.

Step 2 – Receive draft contract

The seller’s conveyancing solicitor in Hemel Hempstead will send us the draft contract and will attach duplicates of vital documentation such as the title deeds and the property forms. This process might take up to one week.

Step 3 – Search and investigation of title

In this step, we will review and verify all the documents that have been sent to us. We will also conduct the searches that you had requested for or any that were necessary. If we have any questions or concerns, we will address them to the seller’s solicitor for a response.

Step 4 – Report

Based on our findings with the searches and the review and verification process, we will compile a report and send it to you. With the report, we will also include your mortgage offer as well as the completion statement that shows how much is owed to us.

Step 5 – Signing

Once all the paperwork is in order and you’re content with it, we will organise for the signing. During the signing process, all the parties in the transaction will be required to settle on a completion date after which you will be required to forward the deposit of the purchase price to us.

It is important to note that signing the documents does not tie you down to us. This is only a time-saving measure to help expedite the process faster once the parties are in agreement, this stage is not legally binding.

Step 6 – Exchange of contracts

The most important process is the exchange of the contracts because it makes the transaction legally binding. We will then forward the deposit to the seller’s solicitor and request your lender to pay the mortgage advance.

Step 7 – Conveyancing process for buying a house (finish)

On the moving day, the full balance for the property will be sent to the seller’s conveyancing solicitor in Hemel Hempstead. Once they confirm receiving the money, the keys to the house will be released to you by the estate agent.

Conveyancing process for selling a house

Step 1 – Initial instructions from you

In this case, the process is slightly different. We will need to take down notes about the property. For this, we will need to have a chat with you. We will also need you to complete the protocol forms that shed more light on the property and complete the initial paperwork. We will also require that you make funds available for office copy entries and provide us with forms of identity.

Step 2 – Contact with your mortgage lender

We will need to access the title deeds for the property and a statement that shows how much of the current mortgage is yet to be paid. Both of these will be supplied by your mortgage lender.

Step 3 – Obtain documents from the Land Registry

For this step, we need to obtain copies of the most recent electronic deeds from the Land Registry.

Step 4 – Preparation of draft contract

The aim of getting all these documents and information is to allow us to prepare a draft contract which is then sent to the buyer’s solicitor. Along with the contract, we will also attach duplicates of the property forms and electronic for their perusal.

Step 5 – Enquiries raised by buyer’s solicitors

We will give the solicitor a bit of time to go through the paperwork that we have sent. In case there are any questions they will be directed to us. We might forward them to you to get the most accurate response.

Step 6 – Agree on a completion date

Once the verification process is complete and the buyer is happy and confident with the response that you have offered, the next step would be to arrange for the signing of the documents. During the signing, all the parties will also need to settle on a completion date for the transaction. The buyer will then be required to forward the deposit amount to their conveyancing solicitor in Hemel Hempstead.

Step 7 – Exchange of contracts

The essence of exchanging contracts is so that the transaction is legally binding. After the exchange, we will receive the deposit from the buyer’s solicitor and request for a final redemption statement from your lender.

Step 8 – Conveyancing process for selling a house

We will receive the full balance of the purchase price from the buyer’s solicitor and use it to clear your outstanding mortgage and other related costs. The remaining funds will then be sent to you.

Cheap conveyancing across Hemel Hempstead

A conveyancing solicitor can prove to be a big asset when acquiring or selling a property. With our affordable and competitive prices, you will have a reliable partner to walk you through the conveyancing in Hemel Hempstead process.

Kick start the conveyancing process and get a quick, instant conveyancing quote today: CLICK HERE

We have dedicated team members who cover Loughborough, Stockport, Syston, Lutterworth, Hinckley, Carlton, Hucknall,  Market Harborough, Beeston, Bulwell, Buxton, Leicester, Derby, Oadby, Lewisham

Other topics related to the conveyancing process:

Click on the links below to find out more about:

Buying a house

Selling a house

Right to buy

Unregistered properties

First-time buyer

Leasehold property or freehold property?

Shared ownership

New builds

Buy to let

Remortgaging

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Conveyancing Solicitors Hemel Hempstead

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