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Property Articles

News and information about Home Legal Direct and about the conveyancing industry as whole.

Property Articles

What to Do If Your Buyer Pulls Out at the Last Minute

Having a buyer pull out of your property deal at the last minute is the kind of nightmare scenario that would keep anybody awake at night. Concluding a property sale can be stressful enough, even if the process runs smoothly. So having a deal collapse shortly before it was due

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Property Articles

How to Avoid Hidden Costs When Buying or Selling Property

The process of moving house—and buying or selling a property—will tend to be at least somewhat expensive for the parties involved. Most people aim to keep their costs down as much as reasonably possible but they will nonetheless need to budget for a sequence of outlays, such as to cover

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Property Articles

What Searches Are Carried Out During Conveyancing and Why They Matter

As anyone who’s bought or sold a property in the UK can attest, conveyancing is an essential and essentially unavoidable part of that process. Solicitors or conveyancing specialists provide the associated services to their clients fundamentally to ensure that the ownership of a specific property is transferred from one party

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What is a deed of covenant, and when will I need one?

Deeds of covenant are a common feature of property transactions in the UK, typically associated with deals involving ‘leasehold’ premises. Any qualified and experienced conveyancing professional will be well placed and completely comfortable in addressing any issues associated with deeds of covenants on your behalf as a property buyer. In

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Property Articles

When can I legally walk away from a house purchase?

As a prospective home buyer, you can legally walk away from a proposed purchase at any point up until the moment when you exchange contracts with the owner of the property you were intending to buy. Generally, the sooner you pull out of a transaction the better that will be

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Do I need a solicitor for shared ownership properties?

The short answer to this question is, ‘yes’, you do indeed need a solicitor (or a similarly well-qualified legal expert) to carry out the conveyancing work relating to a shared ownership property transaction. In fact, it is generally even more critical to hire a suitably experienced solicitor as your conveyancing

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What should I do if a surveyor down values the property?

Sometimes surveyors will inspect or investigate a particular property that’s up for sale and decide that a price agreed with a prospective buyer is higher than it should be. There are several reasons why a so-called ‘down valuation’ might happen but fundamentally it will be because the surveyor believes a

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Why Has My Conveyancing Fee Increased Despite a Fixed Fee Quote? 

Solicitors and other providers of conveyancing services often (though not always) give potential clients a fixed fee quote for work they’re offering to undertake with regards to a specific property ownership transaction. Although that fixed fee is generally intended to reflect the entirety of the charges that a conveyancer will

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Property Articles

What Should I Do If My Chain is At Risk of Breaking? 

Property chains form as a result of having a sequence of property buyers and sellers whose deals become interconnected through circumstances. It is an unfortunate (and often infuriating) reality that the financial interconnectedness of arrangements within a property chain can mean that issues affecting a single deal might significantly impact

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