> BUYING & SELLING PROPERTY
TIPS AND ADVICE
The team of conveyancing solicitors at Cunningtons’ Croydon office are experts in handling the legal aspects of buying, selling and remortgaging residential property
With extensive experience in Croydon conveyancing, our team provides comprehensive support throughout your property transaction.
Residential Conveyancing Services in Croydon
Our property solicitors can help you with the sale or purchase of your home, re-mortgages, transfers of equity, and agreed lease extensions. They will take care of all the legal aspects of your conveyancing for you, providing you with the elusive peace of mind during what can be a stressful process.
Finding Your Local Conveyancing Lawyers
Finding the right property solicitor to handle your conveyancing in Croydon can be challenging. With numerous options available, it’s important to take your time and select the firm that best suits your needs.
When you work with Cunningtons solicitors in Croydon to help with your property transaction, you don’t have to stress. We are regulated by the Solicitors Regulation Authority (SRA), we are part of their Conveyancing Quality Scheme, and we have been dealing with property transactions for more than 250 years.
Why Do I Need To Use A Firm of Professional Conveyancing Solicitors?
If you are buying, selling or remortgaging property in England or Wales, the transaction needs to be legally conveyed. Conveyancing is the process of transferring property between the parties involved. Residential conveyancing means that the property is for living in, as opposed to commercial use.
Although anyone can convey a property themselves, using a firm of specialist conveyancing solicitors to act for you in your Croydon move is far easier than learning how to do it yourself. Your conveyancing solicitor will be your point of contact throughout the process; this includes:
- dealing with Stamp Duty Land Tax (SDLT),
- ordering searches,
- notifying the Land Registry,
- paying your legal fees,
- identifying boundary concerns,
- running title investigations, and
- sorting out issues with your local authority.
Local Croydon Conveyancing vs Online Services
The benefits of using a local firm of Croydon conveyancing solicitors
Using a local firm of conveyancing solicitors in Croydon means that you know who you are dealing with. You have one dedicated person assigned to help you with the process of transferring your home. You will have probably met this person, or spoken to them on the phone. And as your local Cunningtons’ branch is in central Croydon within a short walk of East Croydon railway station, vising us is an easy matter.
Dealing with a good Croydon conveyancing solicitor one-to-one is particularly helpful when the matter is as important as your home.
It is reassuring to know that one property solicitor is looking after your transaction, understanding the local property market in Croydon and surrounding areas.
Limitations of using an online conveyancing firm
If you choose to use online conveyancing solicitors, the service will be remote. This may be okay for some people, but if a problem arises during your property transaction it is easier to deal with if you are working with a local business. This means that you have a conveyancing solicitor who knows you, and understands the unique aspects of the Croydon property market..
Order your Croydon conveyancing quote from Cunningtons solicitors today.
Cunningtons Croydon for buying, selling or remortgaging your home
Cunningtons will give you a fixed fee quote for your residential conveyancing. The price will vary depending on whether you are buying, selling or remortgaging a property, as well as if it’s freehold or leasehold. Your quote from Cunningtons will be a fixed-fee, so you know exactly how much you will pay.
Get A Quote
Click here to order your quote from our residential conveyancing solicitors
Conveyancing for Buying Property
After you agree to the cost of our legal fees, your conveyancing solicitors in Croydon will start the process of purchasing your property. This includes:
- Contacting the seller’s solicitors to check the title deeds;
- Running the required property searches specific to Croydon;
- Communicating with your mortgage company;
- Confirming all finances are in place; and then
- Reporting back to you with all documents requiring signatures.
After exchanging contracts, our Croydon conveyancing team:
- Ensure the deposit money is in the right place,
- Prepare all the completion paperwork and statements;
- Submit the certificate of title to your lender;
- Make sure all search information is received; and then
- Verify sure that money from the mortgage lender is paid into the correct account.
Finally, it’s time for completion. Your conveyancing solicitor will:
- Make sure all the money has been paid to the seller’s solicitors in exchange for the deeds and documents;
- Resolve the account with you;
- Pay stamp duty land tax (SDLT); and finally,
- Register you as the new owner with the Land Registry.
Learn more about what your property solicitors do during the buying part of the conveyancing process.
Conveyancing for Selling Property in Croydon
When selling your Croydon property, the process is somewhat simpler, but still requires expert legal handling. Begin by requesting a conveyancing quote from our Croydon team.
After agreeing to our fees and instructing us as your conveyancing solicitors:
After you agree to our legal fees quote and sign up with us as your conveyancing solicitors in Croydon:
- Your mortgage company sends us your title deeds, as well as a statement of the amount of money you still owe for your property;
- Your buyer’s solicitor then asks us for any other information they need;
- We then prepare a comprehensive sale contract with preferred dates to complete – this leads to the Exchange of Contracts;
- The buyer then pays the deposit money into our secure solicitor account;
- Then we get a statement from your mortgage company;
- As your conveyancing solicitor, we receive the money we need to pay your estate agent’s commission fee, and this is all accounted for in your financial statement.
After Completion,
- We move the money gained from the sale to you, your estate agent, and your mortgage company;
- We arrange for your estate agent to hand over the keys to your property’s new owner;
- We then send you any remaining money, as well as a statement detailing all the expenses of your sale;
- Finally, we send over the title deeds to the buyer’s solicitors – and your property is sold.
Learn more about what your property solicitors do during the selling part of the conveyancing process.
Conveyancing for Remortgaging Your Property
Our conveyancing solicitors assist with more than just moving home. We also provide expert guidance for remortgaging your property in the Croydon area, ensuring your home remains secure throughout.
Our conveyancing service can help you too. Once you hgave accepted our conveyancing quote and appointed us as your solicitors, we:
- Send your title deeds and Land Registry information to your appointed solicitor;
- Undertake any necessary searches specific to Croydon properties;
- Process your new mortgage offer from your lender;
- Prepare the mortgage deeds for your signature;
- Arrange receipt of your new loan funds;
- Update your redemption statement, showing any sums you still owe on youir mortgage;
- Complete final checks; then
- Register your remortgage with the Land Registry.
You can learn more about conveyancing for remortgaging your home here.
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An overview of the Croydon property market
Croydon has seen significant development in recent years, making it an increasingly popular area for property investment – particularly for commuters. With excellent transport links to central London and a range of property types from period homes to modern apartments, the Croydon property market offers options for various budgets.
Our Croydon conveyancing solicitors have extensive knowledge of the local property market, including:
- common issues with period properties in Croydon;
- leasehold apartment regulations specific to Croydon developments;
- local planning concerns and restrictions; as well as
- Croydon Council requirements and vital searches to undertake.
What areas does the Croydon branch cover?
Each branch of Cunningtons’ solicitors has a team of experts who deal with property transactions in their local area. Our Croydon conveyancing solicitors handle property in Croydon, London and Surrey.
We also manage property transactions throughout England and Wales, facilitated by our network of specialist residential conveyancing solicitors in other locations.
Cunningtons Solicitors in Croydon
2nd Floor,
19 Park Street,
Croydon,
CR0 1YD
United Kingdom
Tel: 0208 688 8446
Fax: 0208 686 2147
Team spotlight
Jason Bradshaw: Partner in charge of Cunningtons Croydon
Jason Bradshaw is a Residential Conveyancing solicitor and senior partner working out of our Croydon office.
Frequently Asked Questions
What documents do I need for my property conveyancing?
After you have gone through the quotation system and signed the instruction form, if you’re selling you’ll need to let us have any deeds you hold and guarantees and other certificates. Providing your ID documents at an early stage always helps, and if you’re buying, evidence of the source of your funds.
How much will my conveyancing fees be?
The price of the conveyancing process depends on the value of the houses being bought or sold.
You can contact our dedicated free phone quote line (0800 977 7887) to get an accurate quotation, or submit an enquiry via the Cunningtons website.
What does ‘exchange’ mean?
There are two key events in the sale of a property in the UK – ‘exchange’ and ‘completion’.
The ‘exchange of contracts’ happens when both parties sign a legal contract and their legal representatives agree the terms and date the Contract that makes all aspects of the purchase legally binding and enforceable.
‘Completion’ is the final stage in the sale of a property, when property legally changes ownership and keys are handed over.
What is a local search?
This is a request to the Local Authority to provide any information that they may have relating to the property being bought; this includes any planning entries, financial charges and local road schemes but does not cover any neighbouring land.
Are conveyancing searches necessary?
The information from a property search is vital to a buyer. You need to know, for example, if the area is about to be extensively developed as that would be highly disruptive in terms of resulting traffic and noise levels.
What searches does a conveyancer do?
The standard searches your conveyancing solicitor undertakes are:
– local authority,
– water/drainage, and
– environmental.
There are a number of other searches to undertake depending on the locality of the property. For example, in mining areas a mining search is also always obtained. There may also searches for gypsum in areas where gypsum mining has taken place, likewise lead Mining, china clay, and limestone.
Check with your property solicitor to find out which searches they are intending to undertake.