Completion Day – A Survival Guide! Completion day is the day of your big move to your new home! Completion day is SO much more than a day about the law of conveyancing, or legal processes, or solicitors. It’s about you! It’s about you moving to your new home! It’s [...]
What is the difference between a Homebuyer’s Report and a full Building Survey? A full Survey is a 'warts n all' detailed report about the house you're buying. The main difference between a Homebuyer’s Report and a full Building Survey is the level of detail that they go into about [...]
What is Exchange of Contracts? Exchange of contracts binds buyer and seller - until that point, either party can walk away. Exchange of contracts is the point in a conveyancing transaction where buyer and seller become legally bound to then complete the sale/purchase. Up until that point, either party can [...]
What needs to happen before Exchange of Contracts? Your conveyancer must complete various tasks before you can exchange contracts. The conveyancing process in England & Wales is far from perfect. And, one particular pinch point for those trying to move is that either party (buyer or seller) can walk away [...]
Top 10 facts about Exchange on Contracts Exchange of Contracts is the point at which buyer & seller become legally bound. Exchange of contracts is the point during a conveyancing transaction that the buyer and seller become legally bound to then ‘complete’ the sale/purchase. Getting to the point of exchange [...]
What happens between Exchange and Completion? Exchange of Contracts is the point at which buyer & seller become legally bound to buy/sell. The steps between exchange of contracts and completion in your conveyancing journey are the final stages of you buying your property. So, what happens between exchange and completion [...]
How to complete form TA10 Fixtures & Fittings Form Form TA10 is the Fixtures & Fittings Form, and it is completed by the seller. The Fixtures & Fittings Form (TA10) forms part of the conveyancing Contract Pack, and confirms what items are staying at a property when it is sold [...]
What is a Contract Pack? The Contract Pack includes the (draft) sale Contract, together with the Seller's Property Information Forms. The solicitors contract pack (sometimes called the conveyancing contract pack) is the first stage of any conveyance. It includes the draft contract, and various forms completed by the seller(s). Here [...]
How to complete a TA6 Property Information Form The TA6 is the Property Information Form covering things from boundaries, to planning, to guarantees. The first part of any conveyancing is the preparation of the Contract Pack (sometimes called the conveyancing Contract Pack or solicitors Contract Pack). An important part of [...]
What Property Searches are done when Buying a House? The main property searches are a Local Authority Search, a Water & Drainage Search and an Environmental Search. As part of the pre contract ‘investigation of title’ the buyer’s solicitor will (amongst other things) generally undertake ‘searches’. These are also sometimes [...]
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