One of our main areas of work is the purchase and sale of residential property. Working alongside our busy Estate Agency team, we aim to provide a complete property sale and purchase package to keep selling and moving home as simple as possible.
One of our main areas of work is the purchase and sale of residential property. Working alongside our busy Estate Agency team, we aim to provide a complete property sale and purchase package to keep selling and moving home as simple as possible.
Our team of skilled solicitors are extremely knowledgeable and will guide you through the whole purchasing and selling process. Our long history in the area means that our team have comprehensive knowledge of the local property market which also means we know what to look out for during the purchasing process! Our rural location means that we deal with a variety of different types of purchases. We can also assist with the purchase of rural properties including large country houses, the conveyancing for which tends to be more complicated than with urban properties.
We deal not only with property in Peeblesshire, the Scottish Borders and Edinburgh but we can also undertake conveyancing work for properties located anywhere in Scotland.
We are extremely lucky to have property experts within our firm so you can trust that when you instruct to act on your behalf you are in safe hands.
Our conveyancing team know that moving house can be an extremely stressful experience. You can trust that our experienced solicitor team will make the process as straight forward as possible. Our knowledge of the process means that we can often spot issues that might arise at an early stage and deal with them in timely manner. This can avoid any unnecessary last minute stress.
Whilst property is our job we know that the process of buying and selling isn’t something routine for most people. Our solicitors will always aim to explain things in a clear and concise manner using as little legal jargon as possible. Our team will discuss the process with you ensuring you are up to date and know what is happening at each stage. From years of experience we understand the importance of keeping clients up to date and ensuing you are clear on what is happening.
Conveyancing is the legal process transferring ownership of a property from the existing owner to a purchaser.
As you can imagine it is very important that the person you instruct to undertake this work on your behalf is knowledgeable and trustworthy.
The timescales involved in either the process of buying or selling a property vary depending on the complexity of the sale. Normally, you can expect the process to be completed reasonably quickly – between 4-10 weeks from the moment of the offer being accepted to the keys being handed over to the new purchaser (settlement) . If your transaction is complicated or there are issues identified it may take longer than this. Our team of experienced conveyancing solicitors will give you an estimate of how long they think that the process will take after your initial meeting.
As part of the process a contract is created between the seller and the purchaser agreeing the terms of the sale. This contract is referred to as the missives. The missives are a collection of legally binding letters which are exchanged by the purchasing and selling solicitors negotiating the terms of the contract on behalf of their clients.
Ordinarily as part of this contract the purchasing solicitor will have time to review the title for the property to ensure that it meets the requirements of their clients the purchasers.
The contact will also normally require the seller to provide a number of searches. As part of the conveyancing process your solicitors will review the searches checking that there is nothing prohibiting the seller from selling the property and the purchaser from purchasing. The searches also include a search over the property checking various items which would be of interest to a potential purchaser and potentially highlighting problems which may need to be addressed.
The solicitor purchasing the property will then draft a document called a disposition which is then revised by the selling solicitor. Whilst it is not the most complicated part of the process the disposition is arguably the most important as this is the document which – when registered – transfers ownership of the property.
Our team genuinely cares about each of our clients. We understand that communication is key and we will be on hand to answer your questions. Your sale and/or purchase is not just a number and address to us, our solicitors will know you by name and will be up to date with the status of your file. We are on hand and happy to answer your questions in a friendly and prompt manner throughout the transaction.
For most people Buying and Selling property is not something that is done every day. It is completely normal to have lots of questions about the process or the legal terms used during the transaction. We completely understand that the information you receive during the process might be new to you so please always feel free to ask us to explain something in more detail. Our solicitors have put together some answers to some questions that frequently come up during the course of a Purchase of Sale transaction.
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