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MOVING HOME

These notes cover most of the processes but not necessarily everything.  At the outset, it should be noted that no job is exactly the same.

For an overview of what we do when acting for a buyer in a residential conveyancing transaction, click here.

Broadly speaking, when acting for you as a purchaser, our job is divided up into the following parts.  Please click the links below for further information.

(a) Making sure that the property has a marketable title
(b)  Making sure that from a legal point of view, it is fit for the purpose for which you are buying it
(c) Advising you of your obligations, when you become the owner of the property and what obligations others have towards you.
(d)  Advising you on the contract
(e)  Advising you on your mortgage offer and acting for the lender
(f)  Managing exchange of contracts
(g) Managing completion (the time when you finally become the property owner)
(h)  Attending to post completion matters

The work which we carry out is within the following practising frameworks.  Firstly, we are obliged to comply with the Solicitor's Code of Conduct 2007.  The rules are now regulated by the Solicitors Regulation Authority. 

Secondly, the contracts that are issued and the documents used tend to be in standard formats.  If the sale is of a residential property, the contract used tends to be one which is subject to the Law Society's Standard Conditions of Sale 4th Edition.  It is very unusual for a transaction not to be subject to the Standard Conditions.

Related topics

(i)  Overview of what happens in a residential conveyancing transaction
(j)  Residential Investment property
(k) Commercial Investment property
(l)  Matters which are not our responsibility
(m) When there is a related transaction
(n)  Handling money
(o) Moving home
(p) Our job when acting for a seller (England and Wales)
(q) Stamp Duty Land Tax
 
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