What Happens During the Conveyancing Process?

What Happens During the Conveyancing Process?

The conveyancing process is the legal work that transfers ownership of a property from seller to buyer. Whether you are buying your first home, selling an existing property, or handling both at the same time, understanding each stage helps you prepare, ask the right...
Expert Conveyancing Solicitors in Cramlington

Expert Conveyancing Solicitors in Cramlington

Buying a home is one of the biggest financial decisions most people make. In Cramlington, Killingworth and the surrounding North East areas, the process involves more than simply agreeing a price with the seller. Legal checks, searches, contract reviews, mortgage...
Toomey Legal Flow Chart

Toomey Legal Flow Chart

Step 1 Your offer is accepted, and you instruct a Conveyancer. We open a file and send a client care pack for you to complete and return. UK ‘national average’ for the Conveyancing process is 12-16 weeks. Step 2 We will receive the contract documents from the seller’s...
What is the problem with leaseholds?

What is the problem with leaseholds?

To answer that you first need to know: What is the difference between freehold and leasehold?    IF YOU OWN THE FREEHOLD, YOU OWN THE PROPERTY INDEFINITELY.   IF YOU OWN THE LEASEHOLD THEN EVENTUALLY THE LANDLORD WILL GET THE PROPERTY BACK.   The problems flow really...