Residential Property Conveyancing Solicitors in Scunthorpe & Goole

Whether you’re buying a property, selling, remortgaging or completing any other type of transaction, it can be an exciting new adventure in your life, especially if it is your first time stepping onto the property ladder. But there can be many complications and legalities involved that need be accurately addressed. Our residential property conveyancers can guide you through the stages involved.

At Symes Bains Broomer, our residential property conveyancers have helped many individuals and families with their property transactions, from those first time buyers to families looking for their forever home. We have assisted with all types of matters, including those more complicated and requiring a further level of legal expertise. With our specialist assistance, you can be certain everything is correctly done.

Our conveyancers can help you with all residential property conveyancing matters, including:

• Purchasing
• Selling
• Remortgaging
• Leasehold properties
• Shared property ownership
• New build property ownership
• Transfers of Equity
• Probate Sales
• Auction Property Sales

With our residential property team’s assistance at Symes Bains Broomer, you can profit from a wealth of combined knowledge and skill.

At Symes Bains Broomer, our conveyancers will advise and guide you throughout the property transaction process. We have local teams in Scunthorpe or Goole and work with clients across Lincolnshire and Yorkshire.

If you would like to have an initial no-obligation conversation concerning residential property conveyancing, please call us on 01724 281 616, email us at info@sbblaw.com or fill in our enquiry form.

What our residential property conveyancers can do for you

Purchasing and Selling

Purchasing and selling property can be a lengthy and complicated process that needs efficient advice and support.

Our residential conveyancers can help to reduce the likelihood of delays and make certain everything is accurately done.

Remortgaging

People choose to remortgage their properties for various reasons, from borrowing more money to reducing the monthly repayment.

When you have secured a new mortgage offer, our conveyancers will ensure that the rem-mortgage is completed as quickly as possible, redeeming your old mortgage and starting your new mortgage so that you can reap the benefits as quickly as possible.

Leasehold properties

Buying a flat or apartment often means the freehold is owned by a third party, meaning your property is known as a leasehold. Leasehold property owners often have different rights to those of freeholds, including the likely requirement to pay service charges and ground rent.

Our conveyancers can navigate you through the entire leasehold conveyancing process using our team’s years of collective expertise and in-depth knowledge. We can also provide advice and support on leasehold extensions, the right to manage, enfranchisements and leasehold property disputes.

Shared property ownership

Buying a shared property provides those with less available funds to access the property ladder. They will be able to own between 10 and 75% of the property, while the remainder will be owned by a landlord. The owner will have a responsibility to pay a monthly rent to said landlord on top of their mortgage.

Our conveyancers have an in-depth knowledge of the different shared property schemes and can walk you through all the relevant details, including the benefits and limitations. We can further assist with the conveyancing process, as well as assistance with staircasing, which is when you choose to purchase a greater share of the property at a later date.

New build property ownership

New build property purchases are slightly different from purchasing an older property. It is essential that the legal title and the documentation supplied by the developer are correct to ensure that you are properly registered as the first owner of the new house following the completion of the purchase and you are able to enjoy all the legal rights attached to owning your own home.

Our conveyancers will check that the property is properly serviced by access roads and all utilities and benefits from an appropriate new build warrant.

Our conveyancers have helped many clients through the new build property conveyancing process and are used to the tight deadlines that developers often impose.

Common questions about residential property conveyancing

What is property conveyancing?

To put it simply, property conveyancing is the legal process of transferring property ownership to a new owner or owners. There will be several stages involved.

How long does it take to do the conveyancing on a property?

Each property transaction will have different circumstances, as will each party in a chain of transactions. What this means is that an exact time period cannot be determined for each conveyancing matter until the circumstances are looked at, and the process begins. However, typically the average time frame for conveyancing sits between 12 and 16 weeks.

What are the steps of conveyancing?

During the conveyancing process, there are several steps involved, including:

• Offer and acceptance – where the involved will enter into a verbal agreement
• Applying for the mortgage – if necessary
• Survey
• Choosing a conveyancer
• Title Checks and Enquiries
• Conveyancing Searches
• Contract signing and exchanging
• Completion
• Property registration with HM Land Registry

What is the longest part of conveyancing?

Each property transaction is different, meaning that no accurate play by play can be provided. However, in most instances, arranging the mortgage or the conveyancing searches on the property are the most time pressing processes.

What is a draft contract?

A draft contract is an agreement which hasn’t yet been finalised. The contract will be finalised, signed and exchanged once all title investigations have been done searches have been carried out, all enquiries satisfied and both parties are happy to proceed with the transaction.

What is a property survey?

Property surveys are done to inspect the condition of the property to make sure there are no issues which need immediate attention.

If you are using mortgage finance to purchase a property, the lender will undertake a mortgage valuation. This is only a brief survey which checks that the property offers adequate security for the mortgage, i.e. it is worth the purchase price to be paid.

There are other more in-depth surveys that can be undertaken by a prospective purchaser which will provide more information about the property and should be encouraged in every purchase transaction.

The property survey will be carried out by a specialist surveyor who will create a report based on their findings.

What is the exchange of contracts?

The exchange of contracts occurs when all the conveyancing matters have been undertaken, and both of the involved parties are happy to proceed forward with the transaction making it legally binding. At this stage a completion date is agreed.

When is completion day?

The completion date is the day when your conveyancers will pay the seller’s conveyancer the purchase price for the property and you will be handed to keys.

Our residential property conveyancing fees

At Symes Bains Broomer, we are able to offer our conveyancing services on a fixed fee basis. You will be provided with a comprehensive quote at the start of your transaction and our fees will only change if a transaction becomes unexpectedly complicated or protracted and only after we have discussed the same with you.

For more information about our property transaction fees and pricing, please get in touch or visit our pricing page.

Contact us about residential property conveyancing

If you need help with residential property conveyancing and would like to discuss your options with one of our expert residential property solicitors, please call us on 01724 281 616, email us at info@sbblaw.com or fill in our enquiry form.

We have local teams in Scunthorpe or Goole and work with clients across Lincolnshire and Yorkshire.