As a law firm our particular area of expertise is in off-plan developments, acting either for the developer or for the buyers. The knowledge we have in this area sets us apart from other law firms and allows us to act within the short timescales required on such developments. With timescales in mind we provide a service where original ID documents are not required as everything can come to us by email. The way in which we work means that you can exchange and complete on a property without having to post any documents to us. This area of law requires a specialist who understands the process and is familiar with the type of legal documentation required. We act for buyers or developers on developments in most the major cities in England, including; Manchester, Birmingham, London, Liverpool, Leeds, Sheffield, Bristol and Newcastle-upon-Tyne.
Briefly the conveyancing process comprises the following; we receive your reservation form from the agents, we then open a file for you, and send out our initial correspondence and request for ID. Once the contracts are received from the seller’s lawyers we will send you the legal documents along with our summary report. Once your Anti Money Laundering checks are complete we will request funds for the deposit and our fees. Once your signed document and funds are received we will request your authority to proceed to exchange of contracts, when the contract becomes legally binding on yourself and the seller. When we have notice of completion we shall then return to you with a request for the balance and any remaining documents. After completion has taken place we shall apply to HM Land Registry to register your ownership of the property. Upon receipt of your registration we will provide you with a copy of your title and original lease signed by the seller.
The date by which you will need to have exchanged can be found on your reservation form. We will work within those timescales to exchange. Completion will take place once we have notice from the seller’s lawyers that the property is complete. The actual date of completion cannot usually be known on exchange of contracts and will be different for each development.