Conveyancing - Revision history

Editor at 20:24, 1 November 2021

2021-11-01T20:24:33Z

← Older revision		Revision as of 20:24, 1 November 2021
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	NB The word 'conveyance' can also refer to: 'A measure of the flow carrying capacity of a watercourse or section of a floodplain.' Ref [https://www.ciria.org/ItemDetail?iProductCode=C786F&Category=FREEPUBS Culvert, screen and outfall manual, (CIRIA C786)] published by CIRIA in 2019,		NB The word 'conveyance' can also refer to: 'A measure of the flow carrying capacity of a watercourse or section of a floodplain.' Ref [https://www.ciria.org/ItemDetail?iProductCode=C786F&Category=FREEPUBS Culvert, screen and outfall manual, (CIRIA C786)] published by CIRIA in 2019,

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Bridging loan.		* Bridging loan.
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	* Search fees.		* Search fees.
	* Stamp duty land tax.		* Stamp duty land tax.
		+	* TA6 Property Information Form.
	* What is an estate?		* What is an estate?

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Property_law]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Property_law]]

Designing Buildings at 08:27, 20 November 2020

2020-11-20T08:27:50Z

← Older revision		Revision as of 08:27, 20 November 2020
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	* What is an estate?		* What is an estate?

−	[[Category:Property_law]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Property_law]]

Designing Buildings at 08:22, 24 June 2020

2020-06-24T08:22:30Z

← Older revision		Revision as of 08:22, 24 June 2020
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	This process can be further complicated by the existence of a chain, in which the seller of one property is also the purchaser of another, creating a complex series of interrelated contracts, the progress of each of which is dependent on the others.		This process can be further complicated by the existence of a chain, in which the seller of one property is also the purchaser of another, creating a complex series of interrelated contracts, the progress of each of which is dependent on the others.

−	= ~~Find out more~~ =	+	NB The word 'conveyance' can also refer to: 'A measure of the flow carrying capacity of a watercourse or section of a floodplain.' Ref [https://www.ciria.org/ItemDetail?iProductCode=C786F&Category=FREEPUBS Culvert, screen and outfall manual, (CIRIA C786)] published by CIRIA in 2019,

−	=== Related articles on Designing Buildings Wiki ===	+	= Related articles on Designing Buildings Wiki =

	* Bridging loan.		* Bridging loan.

Editor at 16:24, 20 August 2018

2018-08-20T16:24:57Z

← Older revision		Revision as of 16:24, 20 August 2018
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	* Freehold.		* Freehold.
	* Gazumping.		* Gazumping.
		+	* Land.
	* Land Registry.		* Land Registry.
	* Leasehold.		* Leasehold.

Editor at 11:57, 4 July 2018

2018-07-04T11:57:40Z

← Older revision		Revision as of 11:57, 4 July 2018
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	* Property chain.		* Property chain.
	* Restrictive covenant.		* Restrictive covenant.
		+	* Search fees.
	* Stamp duty land tax.		* Stamp duty land tax.
	* What is an estate?		* What is an estate?

	[[Category:Property_law]]		[[Category:Property_law]]

Editor at 16:00, 3 July 2018

2018-07-03T16:00:15Z

← Older revision		Revision as of 16:00, 3 July 2018
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	* Condition survey.		* Condition survey.
	* Conveyancing in Scotland.		* Conveyancing in Scotland.
		+	* Disbursement.
	* Easements		* Easements
	* Encumbrances.		* Encumbrances.

Editor at 15:20, 29 May 2018

2018-05-29T15:20:38Z

← Older revision		Revision as of 15:20, 29 May 2018
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	* Whether pavements, access roads, drains and so on are maintained by the local authority.		* Whether pavements, access roads, drains and so on are maintained by the local authority.
	* Other expenses and liabilities linked to the property such as Chancel Repair Liability.		* Other expenses and liabilities linked to the property such as Chancel Repair Liability.
−	* Location specific searches such as mining searches, radon gas searches, landfill site searches and so on.	+	* Location specific searches such as mining searches, radon gas searches, landfill site searches, and so on.

	During this period, other activities may be necessary, not normally part of the conveyancing services:		During this period, other activities may be necessary, not normally part of the conveyancing services:
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	* Restrictive covenant.		* Restrictive covenant.
	* Stamp duty land tax.		* Stamp duty land tax.
		+	* What is an estate?

	[[Category:Property_law]]		[[Category:Property_law]]

Editor at 14:15, 29 May 2018

2018-05-29T14:15:38Z

← Older revision		Revision as of 14:15, 29 May 2018
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	* Land Registry.		* Land Registry.
	* Leasehold.		* Leasehold.
		+	* Property chain.
	* Restrictive covenant.		* Restrictive covenant.
	* Stamp duty land tax.		* Stamp duty land tax.

	[[Category:Property_law]]		[[Category:Property_law]]

Editor at 13:45, 23 October 2017

2017-10-23T13:45:17Z

← Older revision		Revision as of 13:45, 23 October 2017
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−
	Conveyancing is the process of transferring the ownership of a property from one party to another. It involves a number of administrative procedures required to ensure the transfer is legal. There are no restrictions on who can undertake conveyancing, but it will normally be a solicitor (or conveyancer), and funders (such as mortgage lenders) may require this.		Conveyancing is the process of transferring the ownership of a property from one party to another. It involves a number of administrative procedures required to ensure the transfer is legal. There are no restrictions on who can undertake conveyancing, but it will normally be a solicitor (or conveyancer), and funders (such as mortgage lenders) may require this.

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	The purchaser's solicitor is then likely to write to the seller's solicitor to inform them that they have been instructed and to request copies of the draft sales contract which should include details such as:		The purchaser's solicitor is then likely to write to the seller's solicitor to inform them that they have been instructed and to request copies of the draft sales contract which should include details such as:
−	*The sale price.	+
−	*The boundaries of the property.	+	* The sale price.
−	*Fixtures and fittings that are included.	+	* The boundaries of the property.
−	*Legal restrictions or rights, such as restrictive covenants, easements or other encumbrances.	+	* Fixtures and fittings that are included.
−	*Planning restrictions.	+	* Legal restrictions or rights, such as restrictive covenants, easements or other encumbrances.
−	*Utilities and other services.	+	* Planning restrictions.
−	*The completion date.	+	* Utilities and other services.
		+	* The completion date.

	Other information that may be requested can include:		Other information that may be requested can include:
−	*A copy of the Land Registry entry (or the title deeds).	+
−	*Details of any lease, ground rent and service charge.	+	* A copy of the Land Registry entry (or the title deeds).
−	*Information about recent repairs.	+	* Details of any lease, ground rent and service charge.
−	*Information about problems with neighbours.	+	* Information about recent repairs.
		+	* Information about problems with neighbours.

	The purchaser's solicitor will carry out legal searches to identify other things that the purchaser may need to know about the property before proceeding:		The purchaser's solicitor will carry out legal searches to identify other things that the purchaser may need to know about the property before proceeding:
−	*Local authority searches regarding proposed developments and to verify that alterations to the property have appropriate permissions.	+
−	*Checking the title register and title plan.	+	* Local authority searches regarding proposed developments and to verify that alterations to the property have appropriate permissions.
−	*Assessing flood risk.	+	* Checking the title register and title plan.
−	*Water authority searches.	+	* Assessing flood risk.
−	*Whether pavements, access roads, drains and so on are maintained by the local authority.	+	* Water authority searches.
−	*Other expenses and liabilities linked to the property such as Chancel Repair Liability.	+	* Whether pavements, access roads, drains and so on are maintained by the local authority.
−	*Location specific searches such as mining searches, radon gas searches, landfill site searches and so on.	+	* Other expenses and liabilities linked to the property such as Chancel Repair Liability.
		+	* Location specific searches such as mining searches, radon gas searches, landfill site searches and so on.

	During this period, other activities may be necessary, not normally part of the conveyancing services:		During this period, other activities may be necessary, not normally part of the conveyancing services:
−	*Carrying out a survey of the property.	+
−	*If there is a mortgage lender, they are likely to require a mortgage valuation to assess whether there is sufficient value in the property to secure the loan.	+	* Carrying out a survey of the property.
−	*Arranging property insurance.	+	* If there is a mortgage lender, they are likely to require a mortgage valuation to assess whether there is sufficient value in the property to secure the loan.
−	*Arranging removals.	+	* Arranging property insurance.
		+	* Arranging removals.

	Once the contract has been agreed and signed, there is an ‘exchange of contracts’, which is likely to be accompanied by the payment of a deposit. Following exchange, there is an obligation to proceed with the transfer of ownership, and failure to do so may result in the deposit being forfeited, or the seller being sued.		Once the contract has been agreed and signed, there is an ‘exchange of contracts’, which is likely to be accompanied by the payment of a deposit. Following exchange, there is an obligation to proceed with the transfer of ownership, and failure to do so may result in the deposit being forfeited, or the seller being sued.
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*Bridging loan.	+
−	*Chancel repair liability.	+	* Bridging loan.
−	*Commonhold.	+	* Chancel repair liability.
−	*Condition survey.	+	* Commonhold.
−	*Conveyancing in Scotland.	+	* Condition survey.
−	*Easements	+	* Conveyancing in Scotland.
−	*Encumbrances.	+	* Easements
−	*Estate agent.	+	* Encumbrances.
−	*Freehold.	+	* Estate agent.
−	*Land Registry.	+	* Freehold.
−	*Leasehold.	+	* Gazumping.
−	*Restrictive covenant.	+	* Land Registry.
−	*Stamp duty land tax.	+	* Leasehold.
		+	* Restrictive covenant.
		+	* Stamp duty land tax.

	[[Category:Property_law]]		[[Category:Property_law]]

Editor at 15:06, 19 November 2015

2015-11-19T15:06:11Z

← Older revision		Revision as of 15:06, 19 November 2015
Line 50:		Line 50:
	*Chancel repair liability.		*Chancel repair liability.
	*Commonhold.		*Commonhold.
		+	*Condition survey.
	*Conveyancing in Scotland.		*Conveyancing in Scotland.
	*Easements		*Easements