Knight Richardson

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Frequently Asked Questions

Conveyancing is the process of legal transfer from the seller of a property to the buyer, making sure that title deeds for a property are received correctly to ensure the legal interest is passed between both parties.

Conveyancing collectively deals with all of the administrative and legal work that needs to be completed to ensure that a property purchase is completed and valid under current legislation.

The cost of conveyancing varies due to a number of factors such as the price of the property and the type and number of searches required.

We offer competitive pricing for our services and continue to monitor our costs to ensure that we offer you a high level service at a price our clients can afford.

The legal work prior to exchange of contracts can take several weeks and can take longer for a leasehold purchase due to requiring further information surrounding the freehold title from third parties.

Exchange of contracts will take place when all legal enquiries have been resolved. Please note if there is a chain of properties being sold and bought the legal enquiries will need to be resolved for the whole chain before anyone can proceed to exchange of contracts. At the point the chain is ready to exchange contracts a completion date will be agreed. The completion date is the agreed date on which you will become legal owner of the property.

Up to the point of exchange of contracts the timescale can vary, and it is difficult to give an accurate timeframe due to many variable factors. We will however endeavour to complete your matter as efficiently as possible.

At the time of exchange the completion date becomes fixed and this is the date when everyone agrees to move. This is often 7-10 working days later but can vary in each case. A simultaneous exchange and completion is also possible in some instances and will be recommended if applicable.

A completion date is not fixed until exchange of contracts, we therefore do not recommend removals to be firmly booked until contracts have been exchanged. If you make firm removal arrangements before exchange of contracts, we cannot accept responsibility for any cancellation fee you may incur if the completion date is changed.

Conveyancing relates to legal documents to ensure that your property transaction complies with the law in England and Wales.
 
Instructing Knight Richardson will ensure a smooth, stress free process whilst providing a 5 star service.
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