Conveyancing

Jennings Perks can take care of the whole process for you whether you are a first time buyer, seller, buying to let, remortgaging or need a transfer of equity after a divorce or separation. There can be a lot to consider at this time, as you consider mortgages, leases, how you are going to own the property and in what shares, surveys, stamp duty land tax and land registration. We have excellent relationships with all the local estate agents and authorities, to ensure that your move proceeds smoothly and efficiently. Jennings Perks conveyancing team will advise you and handle the whole process on your behalf.

We can help you with:

• Sales and purchases
  • Once your purchase has been agreed and we are instructed, we will engage with you from the pre-contract enquiries to exchange of contracts and completion.
•  Re-mortgages
• • We will communicate with both your existing lender and your new lender, carry out searches where necessary and register the new mortgage against your property.

• Buy-to-Let
  • We will engage with you from the pre-contract enquiries to exchange of contracts and completion.

• Leasehold matters
  • We can assist with the purchase of the freehold or extend the lease of a property.  Most mortgage companies place restrictions on mortgages on properties that are leasehold.  If you are looking to purchase a leasehold property, we can look at the terms of the lease before your proceed with any surveys or mortgage applications.
• Registered and unregistered land
  • We can assist you with demonstrating the legal ownership of land by examining the deeds and title of property as well as helping you with searches if you are unable to locate the owners of unregistered land.
• Transfers of equity
  • We can help you transfer the ownership of your property / land whether this is in whole or just part of it.  We will liaise with your existing lender if applicable as consent will need to be granted before transfer of equity is approved.

We are unable to assist with Equity Release & tenancy agreements.

Key Stages/Timescales – Conveyancing

Below details the main stages of the purchase process:

1. You instruct us and we give you initial advice
2. We check that you have funds in place to purchase the property in question
3. Receive and advise on contract documents
4. Carry out searches and deal with any additional planning documentation if required
5. Make enquiries to seller’s solicitor where necessary
6. Provide you with advice on all documents and any information we receive by way of a report on title
7. Meet with you to discuss contracts, transfer and mortgage documents before arranging signatures
8. Draft transfer paperwork
9. Provide advice on joint ownership if applicable
10. Obtain pre completion searches
11. Agree completion date
12. Exchange contracts
13. Arrange for the funds to be received from Lender and you
14. Complete purchase
15. Deal with any payment of Stamp Duty Land Tax post completion where applicable
16. Process application for registration at Land Registry

The time it takes to complete on a property will vary and depends on a number of factors. The average time for a freehold property purchase takes between 12 – 16 weeks. Leasehold properties can take slightly longer as there will be more work involved. Certain factors can affect the time it takes to complete including the number of people in the chain and whether you are a first time buyer.