Residential Conveyancing Solicitors in Leicester

Buying, selling, or remortgaging a property can be a challenging process, but with the right support, it doesn’t have to be. At Smith Partnership, our expert residential conveyancing solicitors in Leicester are here to ensure a smooth and stress-free experience. Whether you're taking your first step onto the property ladder or moving up it, we’ll manage the legal complexities, so you can focus on the excitement of your next chapter.

How we can help you

At Smith Partnership, our dedicated residential conveyancing solicitors in Leicester provide expert guidance across all aspects of property transactions, ensuring a smooth and stress-free experience tailored to your needs.

Selling Property

Selling a property can feel overwhelming, but Smith Partnership’s experienced residential conveyancing solicitors in Leicester are here to make the process seamless. We handle all legal aspects of your sale, from preparing contracts to liaising with the buyer’s solicitors and ensuring compliance with all regulations. Our team works diligently to keep the process moving, ensuring a smooth transaction and giving you peace of mind.

Buying Property

Whether you’re purchasing your first home, a dream house, or an investment property, buying a property is an exciting yet complex journey. At Smith Partnership, we specialise in guiding clients through every stage of the process. From reviewing contracts and conducting thorough searches to managing negotiations and completing the transaction, we ensure you feel confident and informed at every step.

Remortgaging

If you’re looking to refinance your mortgage for a better deal or to release equity from your property, Smith Partnership can help. Our team simplifies the remortgaging process, handling all the legal work required to switch lenders or adjust terms. We ensure that the process is efficient, helping you unlock the financial benefits of your property.

Transfer of Equity

Changing ownership of a property, whether by adding or removing names, can occur for various reasons, such as relationship changes or family arrangements. At Smith Partnership, our experts handle all transfer of equity matters with precision and care. We ensure that legal requirements are met, and the process is smooth, whether you’re updating ownership due to a matrimonial separation or a family decision.

Investment Property

For those purchasing an investment property, whether as a first-time landlord or an experienced investor, Smith Partnership provides specialist conveyancing services. We understand the complexities involved, especially when properties are tenanted. Our Leicester-based team offers expert advice and support to ensure your investment journey is secure and hassle-free.

Contact our team today

  1. To find out how our expert team of law solicitors can help you, contact us today on 0330 123 1229, send us an email via info@smithpartnership.co.uk or complete our contact form.
FAQs

Most properties are now registered at the Land Registry and the legal documents are held electronically by them. We will send you copies of the documents, and any other supporting documents once the application for registration has been completed. Any old deeds that are no longer needed to prove title to the property, would normally be sent to you.

If you are just selling, or there is a surplus due back to you after completion of your sale and purchase, we will always try to send this to you on the day of completion or on the next working day. Payment is usually made by BACS transfer which takes 3 to 5 working days to clear into your account. If you require the monies on the same day, we can transfer this by CHAPS transfer at a cost of £24. You should request this in advance and provide us with your account details.

These are usually kept with the agent selling the property but we will confirm this to you before completion.

The keys can only be released on the day of completion when the sellers solicitors confirm to the estate agents (or buyers solicitors where there are no estate agents) that they have received the full purchase monies.

You need to agree a date with your sellers/buyers either directly or through the Estate Agents. You should bear in mind that we will try to meet this date but this is not always possible particularly if the date is too soon or some important documentation or information is missing. Please do not book time off work, removal companies or give notice on any temporary accommodation unless Contracts have been exchanged and we have confirmed a completion date to you. It is best to discuss this date once we are near exchange of contracts as if a date is agreed too far in advance it is difficult to know if this is realistic and all the work involved will be completed in time.

Generally you will need to provide a 10% (of the purchase price) deposit although it can be a lesser amount of both the seller and buyer agree. This is paid over from the buyers’ solicitor to the sellers’ solicitor upon exchange of contracts.

If the deposit is less than 10%, there is usually a clause in the contract which confirms that if the buyer does not proceed to completion following exchange of contracts, then the seller has a right to pursue the buyer for the full 10% funds.

An exchange is when the buyer and seller enter into a legally binding agreement to buy and sell on a set date. Once an exchange has taken place, both parties are committed to the sale/purchase, and cannot pull out of the transaction without legal penalties. Exchange of contracts is also when the buyer must pay a deposit, usually 10%.

Completion refers to the day on which all payments have been made/received, that the property is transferred from the seller to the buyer; the day that you move house.

With Freehold property you own the property and the land on which it is situated. With Leasehold property you own the property for a fixed term, but you do not own the land. You would usually pay an annual ground rent to the Freeholder and at the end of the term, the land reverts back to the Freeholder.