We work closely with the purchaser and the housebuilder to ensure a speedy and successful outcome.
We are one of the largest conveyancing practices in the region. All our clients benefit from dealing with a dedicated team who can meet you on-site or at our offices in Stafford, Telford and Birmingham. We are CQS accredited, members of the Help to Buy panel and also recognised by all major mortgage lender panels, which ensures a smooth transaction.
Once you have accepted our quote and confirmed that you would like us to act on your behalf a welcome pack is issued which contains the following:
- Client care letter
- Stamp duty questionnaire this will help us to identify whether you are liable to pay any SDLT, or pay higher rate SDLT or whether they qualify for the first time buyer relief.
- Source of funds questionnaire/ declaration this will help us to confirm where you have obtained your funds from. We carry out the necessary source of funds checks in order to comply with Money Laundering Regulations.
- At this stage we request certified copies of your ID so that we can comply with Money Laundering Regulations.
- Electronic AML ID checks will be carried out against each client once the paperwork has been returned.
- We ask you to pay an initial £350.00 on account for searches.
- In order to comply with GDPR we ask that you provide us consent to liaise with the Developer in order to discuss the progress of your plot.
- The Developer / Developer’s solicitor will normally issue us with a copy of the reservation form. Upon receipt we will check the exchange deadline, anticipated legal completion date ALCD, incentives and submit searches.
- If the matter is proceeding under the Help to Buy scheme, or Forces Help to Buy there will be additional paperwork required in order to proceed.
- If you are using a Help to Buy ISA then the Developer may agree a reduced deposit on exchange of contracts as the ISA Bonus is not available until completion. You will be required to complete a first-time buyer declaration.
If you have an existing property to sell then our specialist New Build Conveyancing Team have a wealth of experience and are practised at working to tight deadlines while at the same time ensuring that the conveyancing for the sale of any existing property also progresses efficiently.
If you are part-exchanging your existing home with the builder this can often be as complex as any home-buying process. The builder’s solicitors must ensure that all legal aspects of the property are in order, because the builder will then be re-selling a property of which they have no personal knowledge. We are experienced in the unique requirements that part-exchange transactions bring, and we therefore offer a comprehensive advice package.