Conveyancing solicitors in North Wales can help you navigate the approximately five stages of transferring a property from one person to another.
Initially, the paperwork is the most important part of this process, and legal representatives will ensure documents are completed properly. This will include environmental searches, client questionnaires and property information forms.
The next stage is completing the two important surveys; these are the building survey and the Home Buyers Report. Both of these deal with examining and reporting on the condition of the property, and are especially important in order to secure your mortgage if you need one.
Stage three is the preparation for the exchange of your contracts. This should only be done once all queries have been dealt with and both parties are happy with the transaction. The Report on Contract will outline any findings of the surveys. The Transfer Deed and Deed of Covenant will also be dealt with at this point.
The next part, stage four, is the actual exchange. Your solicitors will be able handle the finances forwarded by your lender. Final invoices and fees will also be dealt with by your legal advisor. You will also pay any stamp duty at this stage. Finally, the completion of the transfer will go ahead. Monies will be sent and keys to the property secured, so you will have access to the building.
Be sure to make contact with us here at Bennett Smith Solicitors today and speak to us about all issues relating to conveyancing; book an appointment now to speak to one of our experts.
