020 8903 7017 / 020 4534 3125 tlp@thelegalpractice.co.uk

Property Conveyancing

Buying or selling property is one of the most significant decisions you will face in your life. Whether buying your first flat, moving to a new family home, or investing in properties to add to your portfolio, our experienced property solicitors offer practical conveyancing services to the clients in London.

Residential Property

For most people, buying or selling a property is one of the most significant transactions they will make. It can be exciting but stressful; however, it need not be so daunting with the right legal advice. At The Legal Practice, our property conveyancing solicitors understand that speed is of the essence. We strive to provide client-tailored services and make transactions as stress-free as possible.

During the conveyancing process, you will be allocated a dedicated contact who will be with you through every aspect of your purchase or sale. The Legal Practice has vast experience in residential and commercial property matters. It maintains close contact with local surveyors and estate agents. The team is highly skilled in negotiation to progress matters forward, which can be invaluable in a long chain. We will advise you on both legal and practical.

Our residential property and conveyancing solicitors can assist with a wide range of matters including: 

  • Sales and Purchases 

  • Lease Renewals and Extensions 

  • Mortgages and Remortgaging  

  • Landlord and Tenant 

  • Leasehold Enfranchisement 

  • Transfer of Equity 

    Commercial Property

    Our expert, commercial property conveyancing solicitors makes the process as stress-free as possible. We offer client-tailored services to our business clients, whether you are involved in purchasing, selling, or leasing commercial property. Our conveyancing team offers client-tailored services to our business clients to ensure your commercial property transaction goes as smoothly as possible.

    Our commercial property conveyancing solicitor can assist with a wide range of matters including: 

    • Sales and Purchases 

    • Lease Renewals and Extensions 

    • Mortgages and Remortgaging  

    • Landlord and Tenant 

    • Auctions

    Contact Us

    Get a Free Quote

    Contact Our Expert Property Conveyancing Solicitors in London

    If you would like to contact us regarding either of these matters please call us on 0208 903 7017, or contact us via e-mail.

      Property Conveyancing FAQs

      How long does conveyancing take ?
      Unfortunately we are unable to give you an answer to the above until contracts have been exchanged. Until contracts have been exchanged any party is entitled to withdraw from the transaction. Factors that affect the length of time the process may take include the length of chain of buyers and sellers and whether a buyer is using cash or a mortgage.
      Do I need a survey when I purchase my property ?
      With property purchase you must satisfy yourself by inspection and survey that the property is in suitable condition. It is the responsibility of the buyer to be satisfied that the property is in good condition and worth the asking price. Prior to the exchange of contracts the survey must be done as once contracts are exchanged the transaction becomes legally binding and you must complete. You will become liable to a penalty for example forfeiting a deposit and damages for breach of contract if you do not complete.
      Does The Legal Practice need to see the mortgage offer before we can exchange ?
      Prior to exchanging, we will require written confirmation that your lender will provide the funds you require and upon what terms.
      What happens at the exchange of contracts ?
      The exchange of contracts is the point at which the agreement to buy and sell becomes binding on the parties. Both parties sign a separate copy of the contracts which are then exchanged usually by solicitors who are acting on their behalf. At this point the completion date will be set. Failure to complete on the agreed date once you have exchanged means you will be in breach of contract and can be sued.
      When will contracts be exchanged ?
      Once all enquiries have been answered and all conditions have been met, correspondence will be sent with the contract explaining clearly as to what the title consists of. The contract and any associated documents will then need to be signed and returned to us. Once the signed contracts have been given to us, we can go onto the next stage of exchanging contracts.
      Do I need to pay a deposit on exchange of contracts ?
      At the point where contracts are exchanged, a deposit is paid over to the seller’s as a down payment on the property. If you do not complete the purchase on time, the seller can keep this deposit as partial compensation. 5% is the usual minimum deposit that the sellers conveyancer will ask for.
      When do I stop my mortgage payments on the property I am selling and begin payment on my new purchased property?
      Your mortgage must be paid up until the agreed completion date and your existing lender will provide us with the figure required to redeem your mortgage up to the time of completion. Do not cancel your mortgage payments. In terms of your new mortgage offer, details should be provided of when to start paying your new mortgage.
      What happens after you have completed ?
      Once you have completed, any outstanding monies will be forwarded to you via cheque or bank transfer on a sale ensuring that all payments are made to estate agents and mortgage lender to redeem any loans (if applicable).
      When do all the fees have to be paid ?
      For sales, all fees will be paid on completion including our fees, estate agent fees and the redemption of any mortgages. This will be displayed in our completion statement which we will provide for you prior to completion. For purchases, we will prepare and send to you a final completion statement for approval. Once agreed, we will then ask you to send us the outstanding balance (if required) to complete the transaction including legal fees, any out of pocket expenses and the lender fees before completion. The deposit will be needed in cleared funds before exchange of contracts.
      Residential Property

      For most people, buying or selling a property is one of the biggest transactions they will make. It can be exciting but also stressful however with the right legal advice, it need not be so daunting. At The Legal Practice, we understand that speed is of the essence and we strive to provide client-tailored services and aim to make transactions as stress free as possible.

      During the conveyancing process, you will be allocated a dedicated contact who will be with you through every as aspect of your purchase or sale. The Legal Practice have vast experience in residential and commercial property matters and maintain close contact with local surveyors and estate agents. The team is highly skilled in negotiation to progress matters forward which can be invaluable in a long chain. We will advise you on both legal and practical any practical

      Our Residential Property and Conveyancing solicitors can assist with a wide range of matters including:

      • Sales and Purchases
      • Lease Renewals and Extensions
      • Mortgages and Remortgaging 
      • Landlord and Tenant
      • Leasehold Enfranchisement
      • Transfer of Equity
      Commercial Property

      Our property experts can make the process as stress-free as possible. We offer client-tailored services to our business clients, whether you’re involved in purchasing, selling or leasing commercial property. Our conveyancing team offer client-tailored services to our business clients to ensure that your commercial property transaction goes as smoothly as possible.

      Our Commercial Property Services can assist with a wide range of matters including:

      • Sales and Purchases
      • Lease Renewals and Extensions
      • Mortgages and Remortgaging 
      • Landlord and Tenant
      • Auctions

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