Buying And Selling a Residential Property
We are one of the busiest Residential Property Solicitors in Coventry and Warwickshire.
Our reputation for excellence in quickly and effectively managing residential property sales and purchases is known throughout the area.
You can be confident that by instructing us, your property sale or purchase will run smoothly.
We are a diverse, multi-lingual law firm that uses best-in-class technology to provide clients with streamlined, modern, and highly effective residential property advice and representation. Our years of experience in conveyancing law means we have a robust reputation for excellence with the UK’s best Barristers and King’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Mortgage Brokers who can bring additional support to our Residential Conveyancing Department if required.
How we work
Given the high value and importance placed on buying and selling property, the process can seem stressful and overwhelming. Our Residential Property Solicitors will work from the outset to reassure you, make recommendations to protect your interests, and handle all of the details on your behalf. We will make sure your conveyancing transaction is as stress-free as possible and will keep you updated as each step is completed.
We are proud of our personal service to all our clients and where possible we are contactable by phone and will respond to your email within 24 hours. You can rest assured we offer a fixed fee service and flexible appointments at our Coventry office.
We pay meticulous attention to detail when handling property transactions. All our Residential Conveyancing Solicitors have the experience and resources available to ensure that every aspect of your case which requires attention will be spotted, brought to the fore, and managed. Whether it is a particular aspect of the title deed which we believe requires clarification or change, an additional search we recommend, or any other aspect, you can be assured we have an eye for detail and will bring these to your attention and recommend the best approach to move forward.
We hold a Law Society Conveyancing Quality Accreditation, meaning we are recognised as having the capability to provide quality conveyancing advice, use a regulated process to recognise and reduce risk, and meet Law Society standards when providing conveyancing services.
Below are also some common questions we are asked regarding buying and selling residential property.
What does it mean to exchange contracts?
The seller and the buyer’s Solicitors will each prepare contracts for their client to sign. Once all the title and property searches have been completed and questions provided by you and the other party are answered, the Solicitors will ‘exchange’ contracts for signing. Once contracts are exchanged you and the other party are legally required to complete the transaction. If one of you fails to do so, compensation will be sought by the wronged party.
How long will my property transaction take?
Normally it takes around 12 weeks for the sale or purchase of a residential property to complete. However, if you are in a chain or the transaction is particularly complicated it may take longer. Events such as the Coronavirus pandemic can also cause delays due to a shortage of staff in banks and local authorities.
Should I invest in property searches?
We highly advise that you have the following property searches done:
- Water and drainage
- Local authority
- Environment search
Depending on the location of your new property, we may also recommend a:
- Chancel repair liability search
- HS2 search
- Flood risk report
Property searches can save you a great deal of disappointment, frustration, and money that comes with finding out there are problems associated with your new home. Most issues can be picked up from a title search and general property searches. We would also recommend you invest in a HomeBuyers Report (as a minimum) to check for any defects in the property.
What does it mean if there are restrictive covenants listed on the title of the property I plan to buy?
A restrictive covenant imposes a constraint on how you can use your land so that the value and enjoyment of adjoining land are preserved. For example, the title might include a covenant stating that you cannot keep poultry on your land or run a business from the property.
Restrictive covenants are often present on the title of properties located on a new-build estate. This is to ensure certain standards are maintained and the value of neighbouring properties are not diminished due to the actions of one homeowner.
Restrictive covenants run with the land. This means that if you are selling your property and there are restrictive covenants listed on the title, they will bind the new owner.
Why choose us?
People choose and recommend us because we care about them, their family, and their future. We are focused on results and achieving them cost-effectively and efficiently. Our Residential Conveyancing Solicitors will take care of every aspect of your property transaction so you can concentrate on other aspects of your life.
To talk to us about a residential conveyancing matter, please contact us using the form below.
Meet your 'Buying And Selling a Residential Property' specialists
Based in our city centre offices in Coventry, here’s our team to guide you through your legal needs.
Depending upon the complexity we are able to offer fixed fees in some cases. In other cases our solicitors charge the following hourly rate:
- Partner/Member SolicitorHourly rate of £265 + VAT
- Senior Solicitor or Head of Dept: (PQE 8yr+)Hourly rate of £240 + VAT
- Assistant Solicitor/Fee Earner (PQE 3/7yr)Hourly rate of £215 + VAT
- Newly Qualified Fee Earner (PQE 1/3yr)Hourly rate of £185 + VAT
- Paralegals/TraineesHourly rate of £135 + VAT
- Support ParalegalsHourly rate of £115 + VAT