Moving House in the UK: Essential Tips
Moving house is often cited as one of life’s most stressful experiences. But it’s also the start of your next chapter – a chance for a fresh start and new adventures. With so much happening on moving day, it pays to be organised and to prepare well. With the logistical aspects of your move under control, you’re less likely to […]
Complete Guide to Buying a House
Buying a house is a significant milestone in anyone’s life, filled with excitement, decisions, and, inevitably, paperwork. In the UK, the journey from starting your search to receiving the keys to your new home is complex and requires careful planning and understanding. The process itself begins with financial preparation, where understanding your budget and securing […]
UK Conveyancing Market: Lawble Overview
With its myriad of legal, economic, and technological facets, the UK conveyancing sector presents a complex landscape that reflects broader trends in property dynamics and economic conditions. It brings together a broad range of stakeholders, including solicitors and conveyancers, as well as mortgage lenders, estate agents, and government bodies. Regulatory changes, economic fluctuations, and technological […]
UK Conveyancing: A Guide to Property Transfer
Conveyancing is the legal process of transferring property ownership from one party to another. It is the procedure that must be followed whenever a property is bought or sold in the UK, ensuring that the transfer of ownership is completed effectively, with the buyer receiving a clear title and the seller fulfilling all legal obligations. […]
Do You Need a Declaration of Trust?
A declaration of trust is commonly used to define ownership rights in relation to a property where multiple parties have contributed to the purchase price. It acts a written record of the financial arrangement between the owners, outlining the proportion of the purchase price that each party paid and the conditions of the ongoing ownership. […]
Deed of Trust for Joint Property Owners
Shared ownership of property is becoming more and more common, whether between unmarried couples, friends, siblings, or children with their parents. If you’re buying a property with someone else, a deed of trust is an effective way of proving legal ownership of all parties who have a share of the property. What is a […]
How Long Does Conveyancing Take with No Chain?
Understanding how long conveyancing will take can help with the overall buying process, such as giving notice on a tenancy or planning renovation work and booking removal services or furniture. If you’ve found the property you want to buy, or have accepted an offer to sell, the likelihood is you will want to get moving […]
How Do Overage Agreements Work?
Overage agreements, or ‘clawbacks’, allow the seller of land to secure additional payments from the buyer after the land has been sold. They are a type of contract used in circumstances where a seller is to be paid additional sums by the buyer if certain events happen within a specified timeframe, such as where it is thought the land […]
Conveyancing Process Steps
Conveyancing is the term used to describe the legal and administrative process of transferring ownership of a property from one party to another. If you’re buying a property, it helps to understand the different stages of the conveyancing process. By knowing what should happen by when, and who is responsible for what, you can do your […]
TA6 Property Information Form: Guide for Homebuyers
Buying a property can be both an exciting and stressful time. As part of the conveyancing process, the Property Information Form can be used to help to expedite the sale, provided this form is completed by the seller promptly and in full. In this guide, we explain what the Property Information Form is, what kind […]
Seller Lied on Property Information Form
Buying a new home can be incredibly stressful, with a lot at stake, given that this is likely to represent the most expensive purchase that any of us will ever make in our lifetimes. It therefore goes without saying that when we buy a property, we will want to make sure that we have been […]
Self Employed Mortgage Guide
One of the downsides of having your own business is that applying for a mortgage can seem a more challenging process than if you were employed. The following guidance looks at the key criteria for getting a self employed mortgage, including which documentation you will need to show to potential lenders and the steps you […]
ID1 Form Land Registry (How to Complete it!)
The ID1 form is used to provide evidence of identity to the Land Registry for a private individual in respect of certain property-related applications. The ID1 form is required when making one of the following applications: a) a transfer of land or a transfer of a mortgage b) an amendment to a deed or […]
Difference Between Solicitor & Conveyancer
If you are thinking about buying or selling a property you will need a good lawyer to help with the legalities. The following guide looks at how to choose the best solicitors or licensed conveyancers. Please read our extensive guide on conveyancing here >> Why do I need a solicitor or licensed conveyancer? […]
Joint Tenancy Agreement: Property Rights of Shared Ownership
If you are thinking about buying a property together with your partner, a relative or even a friend, you will need to understand the basis upon which that property will be jointly owned. The following guide looks at what is meant in law by a joint tenancy agreement in the context of shared ownership property […]
Buying a Leasehold Property (and the Legal Considerations!)
Purchasing a leasehold property can involve a number of risks. Here are some key legal considerations if you are considering buying a leasehold property. What is a leasehold? If you buy a leasehold, you will not own the property or the land on which its stands. As a leaseholder, owning the leasehold to […]
Buying a Shared Ownership Property: FAQs
If you would like to own your own home but are unable to afford the mortgage, shared ownership properties could allow you to buy a share of a property from the landlord and rent the remaining share at a reduced rate. As a government-funded programme, it is designed to help people get on the property […]
Indemnity Insurance to Move House (Do You Really Need it?)
If your house move is at risk of delay or falling through due to a specific legal issue with the property, you might be advised to look at purchasing indemnity insurance. Indemnity insurance provides protection to the buyer and mortgage lender against certain risks, which will allow the transaction to proceed. Claim rates for indemnity […]
Adverse Possession (and How to Claim it!)
Adverse possession allows an individual (‘squatter’) to acquire valid freehold title to a specific piece of land when they have been in continuous occupation and had exclusive possession of the land over a specified number of years. Adverse possession is often referred to as ‘squatters’ rights’. In the context of adverse possession, the term ‘squatter’ […]
Exchange of contracts (What’s Involved?)
When buying or selling a property, the stage of the conveyancing process that makes the agreement legally binding is known as ‘exchange of contracts’. Up until the point that contracts are exchanged, neither the vendor nor buyer are legally required to see the transaction through as they are not deemed to have formally accepted the […]