Property Law

We will work with you to minimise the stress of moving, providing regular reports and ensuring that your interests are protected. We provide a competitive fixed fee service with no hidden costs, and keep you fully informed as to progress either by email or your preferred method of communication.

Our commercial property specialist, Mr Arwyn Rees, has extensive experience of acting for landowners, developers, landlords and tenants. He recognises how important it is to have a full understanding of your aims and objectives and takes a practical and constructive approach.

We are also fully accredited and a member of the Law Society’s Conveyancing Quality Scheme – giving you absolute peace of mind that you are getting the best possible conveyancing service. The process of buying and selling a home is probably the largest transaction that most people undertake in their lives. By obtaining CQS accreditation we have demonstrated that our practice has the skill and expertise to provide quality residential conveyancing advice, which helps to reassure our clients that they will get from us all the information they need to understand the process, options, costs and timescales from the outset.

We are proud to have achieved the standards of practice and integrity required to be accredited under this Scheme.

We offer a ranger of services including:

  • Buying and selling your home
  • Leasehold property purchase and sale
  • Re-mortgages
  • Equity release
  • Transfer of property or a share in a property
  • Joint ownership
  • Declarations of Trust
  • First registrations
  • Lease extensions and leasehold enfranchisement
  • Auction property sales and purchases
  • Land acquisition
  • Property investment
  • Small scale development
  • Landlord services

Moving house can be stressful.

At Morgan & Richardson we are totally committed to giving you a friendly, efficient and professional service to help streamline the process.

The Conveyancing Process

As soon as you have found the property you want to buy and agreed a price with the seller, you need to appoint your solicitor. We can provide a quote for a fixed fee plus full details of the other expenses payable such as stamp tax, search costs and land registry fees.

Once instructed we will make a start on before-contract procedures, including carrying out searches and raising pre-contract enquiries. If you need a mortgage, we are Panel Solicitors for most building societies and banks.  This means that we will normally be able to act for the lender as well as you, which minimises costs and helps to make the process as quick as possible. It is essential to have a written offer of finance from your mortgage lender prior to exchanging contracts. We will check that all the conditions in the offer are satisfied before you are committed.

  • The mortgage lender will carry out a valuation of the property. A standard valuation is not a survey – it is merely a valuation report for the lender’s benefit. However, different types of survey are available, and we can discuss these with you and advise you which one will suit your individual circumstances and needs
  • On exchange of contracts you need to pay a deposit – likely to be at least 5% of the purchase price.  If you are selling as well, this can often come from the deposit from your sale
  • If you are buying jointly with a spouse or partner you will need to consider whether to opt for a joint tenancy or a tenancy in common – we can advise you on this
  • We will look at the information provided by the seller, help you to interpret technical documentation and advise you of any potential issues.

Exchange of contracts and completion

Once all the searches and enquiries are completed and satisfactory we will prepare to exchange contracts. This is when both sides are ready to go ahead, the two signed contracts are “exchanged” and dated, and the deposit is paid over.  The contract is legally binding and both parties are committed.  Completion is the date when the rest of the money is paid, the keys released and the deeds handed over to the buyer’s solicitor. The date for completion is fixed on exchange of contracts and can be straight away or at a later date to allow time for arrangements such as removals.

It takes on average 8 weeks to complete a conveyancing transaction, but some transactions are quicker, and others take longer due to a number of factors that may be legal, personal, social and/or financial.