Residential conveyancing solicitors

An average transaction takes approximately 14-16 weeks dependent on the number of parties involved.

However, each transaction is different and we will progress matters as swiftly as possible.

This can be a host of things, including delayed searches, mortgage offers not been issued, one of the parties not being able to find a property and third-party involvements such as managing agents on a leasehold property.

The common searches initially carried out are drainage, environmental and local authority.

Certain areas will require other searches such as coal mining.

If any of the results of the initial searches show areas of concern, we will discuss the options of further searches if deemed necessary.

This is when there are a number of linked property transactions that are all dependent on each other in order to complete the process.

Your estate agent will advise you regarding the number of parties in the chain of your property.

This is dependent on how quickly contracts are received from the developer’s solicitors, how long searches take and whether the remainder of the parties in the chain are ready. The developer will sometimes give leeway as long as matters are progressing.

Developers operate within a high-pressure environment but also appreciate that certain aspects can take longer in order to ensure all relevant areas are covered.

When all searches are back, all enquiries are satisfied, mortgage offers are in, all documentation is signed, funds are in place and a completion date is agreed.

You become legally bound under the terms of the contract that you are to purchase or sell your property on the agreed completion date.

Your solicitor will call you to confirm that completion has taken place.

You will then be able to arrange a convenient time to collect the keys.

Not necessarily. We will provide you with a written report for you to take away and go through. You can always come back to us with any questions.

Once all monies have been transferred to the relevant parties, you can arrange to collect your keys and can move into the property you are purchasing.

On a sale, the buyer becomes the legal owner once the funds have been received by the seller’s solicitor.

To remortgage your home requires a fresh deal to be struck with a mortgage lender. When you have selected a lender, Flint Bishop’s Conveyancing team will be able to carry out the required checks to confirm details about the property. This will involve obtaining data from the Land Registry, and possibly information about the surrounding geography from the local authority (risk of flooding and subsidence, etc.) as these are all factors affecting the lender’s investment.

If your existing mortgage needs settling, our team will also speak to your current provider to arrange this. When we have the new mortgage offer, we will review this to check if there are any special conditions to be complied with.