We have more than 30 years’ experience in the property field and, as an accredited member of the Law Society's Conveyancing Quality Scheme, we are recognised as a leading property law firm by lenders and brokers alike.
We won ‘Best Conveyancer’ at 2016 Specialist Finance Awards. Instruct us and you’ll find out why!
Buying or selling a property is regarded as 'one of the most stressful things we do' in life. The last thing you want then is to have the situation made even more taxing by an inexperienced conveyancer. But with 30 years in the conveyancing game, there aren't many things we haven't experienced and successfully overcome! This is recognised by our CQS accreditation and CA membership.
Whether you are buying or selling a property, or even doing both, the team of solicitors and legal experts at GWlegal are here to make your conveyancing experience run smoothly and efficiently.
While every step of the buying process is vital, there are four key areas that you need to know about and understand – because they involve you...
The contract is the formal agreement between you and the seller. Once your offer is accepted and the sale has been agreed, the seller’s solicitor prepares the contract and sends it to us. We will then send the contract, with all the information about the property, to you to sign. You should sign it as soon as you receive it and immediately return it to us so it does not cause any unnecessary delays.
The Mortgage Offer
Meanwhile, as the contract is being prepared, you’ll be sorting out your mortgage. Once agreed, your lender will send through your mortgage offer to us and we will send on to you to sign. As with the contract, please sign as soon as you receive it and send it back to us.
Prior to your mortgage offer, your lender will carry out a valuation of the property to make sure they aren’t lending more money than the property is worth. The documents we send you, alongside your mortgage offer will include details of additional surveys and valuations you may wish to carry out on your intended property. These include a Home Buyers Report and a Structural Survey. These surveys are not compulsory but we advise you obtain one of these as they provide you with extra security of the purchase of the property.
Exchange of Contracts
This is the exciting bit because by exchanging contracts you are confirming your purchase. Prior to this, either party can withdraw from the transaction.
Naturally, we will make sure that everything is ready and in place and that you are happy before we exchange contracts. In the meantime we will be asking the seller’s solicitors for any further details we need, including, for example, copies of missing documents. It is important to note that we cannot exchange contracts for you until we are satisfied that everything is in order. Please therefore do not book any time off work or arrange removals until we tell you it is alright to do so.
At this stage, we will be ready to exchange contracts with your seller’s solicitor and both you and the seller will be committed to the sale. It is only then that you will agree a completion date, when you will be able to move in.
Make sure everything is packed up and the removal van is booked because come your completion date, it’s time to move in. Then the only complication you’ll have is finding the time to unpack everything!
Lynne is a licenced conveyancer with over 20 years’ experience. Since joining the company as a Fee Earner in 2005 Lynne quickly became a Manager and then in 2012 became Head of Property.