Buying a House

When buying a house, it is essential you have the right support to meet your timetable, protect your interests and satisfy mortgage lender’s, planning and other regulatory requirements. You need to acquire a good and marketable title, not a liability for the future.

Buying a house is one of, if not the, most significant purchases you will ever make. It is a false economy to choose your property conveyancer on price alone. Most claims for professional negligence against solicitors are for conveyancing mistakes. At Labrums, we use only qualified solicitors with many years of experience dealing with all aspects of buying property. We do not simply tick boxes but will identify and understand your specific challenges and requirements to deliver what you want.

If you are purchasing a property in St Albans or nationwide, our conveyancing solicitors can provide you with highly reliable and professional legal advice and solutions. Our clients value our extensive knowledge of the St Albans property market and our efficient conveyancing service. Our experts are CQS accredited, meaning that we are fully qualified to help you with any requests you may have about residential conveyancing.

Contact us today to find out how we can assist you when buying a new home.

Buying a Property: Our Conveyancing Service

Conveyancing is the process of transferring the legal ownership of a property from the seller to the buyer. Once your offer has been accepted on a property, our conveyancing solicitors will begin by examining the contract and other key documentation.

Carry out document checks

The first step is to check the title documents to ensure the seller is the legal owner of the property and, therefore, has the right to sell it. This is becoming increasingly important because of property fraud. At this stage, we will also ask the buyer to provide answers to any enquiries that are needed. We will examine and make you aware of boundary information, any rights, obligations and restrictions that come with ownership of the property, and details on the fixtures and fittings.

Arrange legal searches

We will carry out a number of searches on the property so that you have as much information as possible before you sign the contract. The appropriate searches will depend on the property and its location, and some will be required by your mortgage provider. Searches that may be necessary for your property include:

  • Local authority searches, which raise any planning or building regulations that apply to the property
  • Environmental searches, which identify any environmental issues that could affect the property, e.g. flooding risks or nearby industrial sites
  • Water authority searches, which provide details on the location of the property’s water supply, as well as any public drains that exist on the site
  • Chancel repair searches, which will reveal if the property is within a parish that gives rise to a potential liability to contribute towards the cost of chancel repairs

Apply for a mortgage

If you require a mortgage to fund your property purchase, we will examine your offer and advise you on its implications, so you can be sure it fits in with your financial situation. Your lender will usually require a survey to be carried out to identify the value of the property and to assess its structural integrity. You may wish to carry out additional and more extensive surveys, which we can arrange on your behalf.  

Exchange of contracts

Once negotiations on the terms of the contract are complete, we will send you a detailed report on all relevant aspects of the property and arrange for the contracts to be exchanged. At that point, the deposit (usually 10% of the purchase price) is transferred to the seller’s solicitor. Once complete, the contract of sale is legally binding on all parties.

Completion

On the date of completion, we will transfer the remaining amount for the property to the seller’s solicitor and the keys to your new home can be collected from the seller or the estate agents. After completion, we ensure any Stamp Duty Land Tax is paid on time and your ownership is registered with the Land Registry.

Contact our Expert Residential Property & Conveyancing Solicitors, St Albans

Labrums’ residential conveyancing lawyers assist home buyers in St Albans City and District and even nationwide. We know that you want a smooth and quick transaction, and for any issues to be identified early and managed effectively. Our client-centric team of property solicitors are committed to keeping you informed throughout your purchase and, ultimately, achieving the results you need. We provide a secure portal where you can see any relevant documents or papers and check the current position at any time. For specialist conveyancing solicitors who will identify and understand your specific challenges and requirements and deliver what you need, call us on 01727 858807 or use our online enquiry form and we will be in touch.

 

Law Connect

We use technology to improve your experience of working with us. One way we do this is to use Law Connect – a user friendly and highly secure client portal we use to share key documents with you.

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