Legal Services
Conveyancing
It’s really useful to know exactly what a solicitor does for you when you buy (and/or sell) a home. This process is called conveyancing, and the complexity of it can take even seasoned homebuyers by surprise. Conveyancing involves all the legal aspects of transferring the ownership of a property from a seller to a buyer. Typically it takes at least eight weeks and involves a number of stages. The solicitor will undertake:
Property Searches – any aspect that could impact on your property such as freehold or leasehold, planning or environmental issue, and much more.
Documents – TA10 confirming what fixtures and fitting are included in your purchase and the TA6 confirming boundaries, past building works, parking, disputes and more.
Preparing Contracts – the legal framework allowing you to buy or sell your home legally, and ensuring any conditions of the lender are met. Once all queries have been resolved, you will be ready to exchange contract.
Completion – the day the property changes ownership. The solicitors will transfer money, including any mortgage funds request the mortgage funds, your deposit funds you actually take ownership of your home.
A G Mortgages Ltd works with LMS-Select, a quote system for brokers dedicated to finding quality, affordable conveyancing services from a large panel of lender-approved law firms.
Wills
The Law is complex and making and maintaining a will is the only way to make sure your money, property, possessions and investments (known as your estate) go to the people you care about, they way you intended.
If you’re married or in a civil partnership, your estate might be distributed the way you intended. Being in a relationship or “common-law partners” is most likely to result in arguments as your estate will follow the Rules of Intestacy which are complex and the process is lengthy.
If you’re already using a solicitor, why not ask about making a will or updating your existing will if you have one. It could save time and money in the future.
