Glasgow solicitors Macrae & Kaur are recognised as one of Scotland’s leading conveyancing lawyers.
Conveyancing is the legal process of transferring home ownership from one person to another – and when you are buying or selling a property you will need to engage conveyancing solicitors.
Our Residential Property Services include:-
Purchase and sale of houses, plots or land;
Builder’s or Developer’s Missives;
Discharge of secured loans on repayment;
Creation of new securities/mortgage deeds;
Leases on domestic property;
Transfers of Property;
Local Authority house purchases;
Ownership Enquiries; and
Queries regarding title conditions.
We can provide a fixed quotation for residential legal fees so that you do not have to worry about unexpected costs. Regardless of your property question our friendly team will be happy to talk through the situation and let you know of how we can progress.
Remember: There’s a difference between cheap conveyancing solicitors and good value conveyancing solicitors.
Some firms delegate property work to inexperienced and junior staff – sometimes to people who aren’t even qualified solicitors. Other solicitors can turn out to be based hundreds of miles away from you and it can be impossible to contact them at all, let alone meet them face to face.
Macrae & Kaur are unique amongst Glasgow solicitors in that all of our property work is carried out by senior partners, highly-experienced property solicitors who really know Glasgow and are always available to meet you in person.
Our conveyancing fees are competitively price, your first consultation together with submitting offers and noting interest is free. We promise total fee transparency – all costs will be laid out clearly before you make a commitment and we do not start charging extras once you have signed up.
The process of buying a house in Scotland can seem very time-consuming, between the offer being accepted and the transfer of ownership, there are several steps that have to be taken.
We asked a few Glasgow solicitors to share their experiences , here is their top conveyancing tips and advice;
Once an offer is accepted on a property the buyer and seller’s solicitors begin to negotiate the terms of a contract by exchanging ‘missives’ – legal letters. These will include negotiating things like Date of Entry (also known as ‘completion’, when the seller hands over the keys) and Fixtures and Fittings, (what items will be left in the property). The seller’s solicitor must also send the buyer’s solicitor the title deeds to the property as well as a search of the Land Register to show that there is nothing adverse to prevent the seller from selling the property.
The conclusion of the contract called ‘conclusion of missives’.
On the Date of Entry, the buyer’s solicitor pays the purchase price to the seller’s solicitor. The seller’s conveyancing solicitor then provides the buyer’s solicitor with essential paperwork confirming the transfer of ownership of the property.
All being well, when the buyer’s solicitor confirms that they are happy with the paperwork provided and the seller’s solicitor confirms that they have received the purchase price on behalf of the buyer, the transaction is treated as being ‘settled’ and the purchaser can collect the keys – usually from the seller’s solicitor or estate agent. Then they can start to unpack!
The legal process is not quite finished, however. The buyer’s solicitor, for example must inform The Land Register of Scotland that their client now owns the property by registering the title and pay any Land & Buildings Transaction Tax that is due.
How long does the Conveyancing process take?
There is, unfortunately, no set timescale for this. The length of time will depend on the nature of the transaction and how smoothly it runs. Issues that can prolong a deal include:
delays in sending or receiving paperwork and waiting for the completion of local authority searches;
Issues such as Unauthorised Alterations, (where building work does not meet local building regulations or has not secured necessary approvals) and Statutory Notices (orders served on a property by the local council demanding certain repairs be carried out) which may necessitate further negotiation between buyer and seller; and
The completion of specialist reports into the condition of a property.
It can often feel that this stage is taking longer than it needs to – but even when it feels like nothing is happening, solicitors are often working in the background to get the deal over the line.
Everyone has heard a horror story when it comes to buying or selling a house, but a good team of conveyancing solicitors can ease you through the process.