A Small Firm With A Big Reputation

Residential Property

The firm handles every kind of property transaction, including Sales, Purchases or Re-Mortgages of all types of Property. We are on the panel of all major lending institutions including Barclays, Nationwide, Halifax and many others. We work closely with estate agents and mortgage brokers to ensure the fast and efficient completion of your transaction. Purchasing a house can be exciting but also daunting for buyers, therefore, no matter if you’re a first-time buyer, making your first step onto the property ladder or have a portfolio of properties, we can carefully guide and advise you on the potential benefits or risks involved, ensuring your transaction moves smoothly and in the best interests of our clients’.

Conveyancing is a service which must be provided by a solicitor to transfer the legal title from the existing party to another. The firm has dealt With over:

  • 3500+ Purchase Matters

  • 1000+ Sale Matters

  • 600+ Re-Mortgages

If you wish to obtain a quote please contact us by Phone call, letter, or e-mail and we will revert as soon as possible to answer any queries. 

FAQs

Stamp Duty Land Tax (SDLT) commonly referred to as Stamp Duty is a compulsory payment made to HMRC when buying residential property or land within Northern Ireland above a certain threshold (see Below) on both Freehold and Leasehold properties. As your appointed Solicitor, we will supervise obtaining your stamp duty certificate as part of the conveyancing process.

For More information and SDLT Calculator please visit Gov.uk

    First Time Buyers

    There will be no stamp duty to pay until the purchase price exceeds £300,000.00. If the purchase price exceeds this, you will only pay the relevant tax on the amount which exceeds £300,000.00 and below £500,000.00 For example the purchase price is £450,000.00 5% tax will be paid on the £150,000.00 which would be £7500.00.

    Check out the Stamp Duty Calculator for current and most accurate rates depending on your circumstances HERE

    Main and Only Residence*

    *at the time of completion
  • Up to £125,000.00 There is no Charge
  • £125,000.00 - £250,000.00 charged at 2% of the purchase price
  • £250,000.00 - £925,000.00 charged at 5% of the purchase price
  • £925,000.00- £1,500,000.00 charged at 10% of the purchase price
  • £1,500,000.00+ charged at 12% of the purchase price

  • Second or Further Properties

  • will endure SDLT after the purchase price of £40,000.00
  • £40,000.00 - £125,000.00 charged at 3% of the purchase price
  • £125,000.00 - £250,000.00 charged at 5% of the purchase price
  • £250,000.00 - £925,000.00 charged at 8% of the purchase price
  • £925,000.00 - £1,500,000.00 charged at 13% of the purchase price
  • £1,500,000.00+ charged at 15% of the purchase price

An Energy Performance Certificate (EPC) is a document that sets out the energy efficiency and potential CO2 emissions for a property. It provides an indication of how much it will cost to heat and power a property. As part of the conveyancing process an EPC will be issued to a building when it is constructed or sold and lasts for a period of 10 years. The property is rated on a scale of A to G, A being the most efficient and G being the least efficient. Some mortgage lenders offer green cashback incentives to buyers when purchasing homes which an A-B energy rating.

The report will also provide the home with a potential rating which is the highest potential energy rating it can achieve if changes were made to the home, how much they could potentially cost and a yearly estimated saving. All homes which are for Sale or to Let must have a valid EPC, which can be obtained for approximately £70.00 after an inspection is carried out of the home. A certificate will be produced to the owner and added to the EPC register. Find Out More HERE

Does Your property have a Valid EPC? Find out HERE

Searches

Various types of Searches are required as part of the Home Charter Scheme in any house purchase or sale. These will reveal if there are potential issues that may effect the transaction.

Bankruptcy

Will show whether the vendor has been or is in the process of being declared bankrupt. A person which is declared bankrupt cannot sell a property without permission from his trustee in bankruptacy.

Enforcement of Judgments Office (EJO)

Will reveal any charges or pending cases which may affect the property, and which will have to be discharged before the sale can proceed.

Statutory Charges Register

This is a central register for several different government matters affecting land, known as Statutory Charges. These include charges in Favour of local authorities under the Public Health Acts, notices under the Road Acts, listed buildings etc. A previous Statutory Charge registered on a property may become the responsibility of the new buyer, and will need to be investigated.

Registry of Deeds / Land Registry Search

The Registry of Deeds keeps information about land that is not registered in Land Registry. Paper records from 1923 until 1989 can be searched with The Public Record Office of Northern Ireland. Digital records from 1 January 1990 onwards are searched in the Land and Property Services Customer information Centre. We instruct a reputable licensed Law Searcher to carry out all these enquiries.

Property Certificates

Under the Home Charter Scheme, when selling a property your appointed solicitor must furnish the buyer’s Solicitor with a Local Council property and a regional property certificate for inspection.

Regional Property Certificate

These certificates provide up to date information about the property including issues relating to Road, Sewers and other matters. DAERA issues are also noted. It also outlines any planning applications whether granted or rejected for the property and surrounding properties. If the house is contained within a conservational area or is a listed building or has any enforcement notices served, this would be noted on the certificate.

Local Council Property Certificates

This Certificate will coverinformation kept by the local council, primarily within the building control department. If any building control applications have been submitted within the last 10 years and any works have been carried out to the property this shall be noted on the property certificate. It is important to ensure that if you have carried out any building work to the property, the appropriate building control certificates and regularisation certificates have been obtained.

Land Registry NI was established in 1892 and maintains a record of map-based land registrations in Northern Ireland. The Registry does not merely provide a mechanical registration system; it guarantees the validity of the legal title.

Registered Properties

Properties registered at land registry will have a unique identification number know as a Folio Number, this describes the location of the plot, the current owner along with any charges on the property. There will also be a detail of any right, Easements and any other encumbrances which may have an adverse effect on the ownership of the property. Each property will have a unique Land Registry map which shows the folios boundaries.

Unregistered Properties

Not every property in Northern Ireland is registered, there are a large amount of properties that are still unregistered, compulsory registration was introduced in 2001. Any unregistered property bought or sold within Northern Ireland is now required to undergo compulsory first registration, which is the legal process transferring property from the Registry of Deeds system to the Land Registry creating a new folio for this property.

The benefit of registration for the purchaser is the simplicity of the new digital title and of course as mentioned earlier the fact that the government guarantees the title of the property

If things go smoothly the conveyancing process takes approximately a period of 6 - 8 Weeks. However, depending on the complexity of the case this period may take longer. As part of the Home Charter Process there are a large amount of documents which need to be obtained before completion can take place. However, in instances we cannot guarantee completion within this time period as it does not take into consideration:

  • New Builds – When the construction has not been complete, these can often take longer
  • Properties which are not vacant - Tenants or owners with onward purchase chain
  • Awaiting /Receiving initial Mortgage offer or if it's expiries
  • Title deeds need to be requested from the lender which they don't always release promptly
  • Unexpected Title issues which need resolving before completion
  • Delays in client signing or correspondence being returned or incorrect details on correspondence / mortgage offers
  • Delays from other parties in the chain
  • failure to disclose gifted deposits or proof of funds for Anti Money Laundering checks (Purchase)
  • Third party Delays - Such as home buyers surveys, regularisation or planning certificates to be furnished.
  • Lost title deeds by lender or solicitor- There will be no cost incurred by the vendor or purchaser as they will pay to have the necessary documents furnished required for the conveyancing process. However, if deeds are lost or misplaced this may add extra costs to reconstitute a new title pack and often Title indemnity insurance will need to be obtained
  • Delays in transferring funds to your appointed solicitor - Most UK accounts have limits to amounts which can be transferred daily and we cannot be held accountable for interest accrued or breach of contract if such issues arise. The CHAPS system can be used for a cost to transfer £10,000+ (Extra Cost from bank).

Buying or selling a property can be stressful but we are here to guide you through the process, ensuring an efficient and smooth transaction. Here is a breakdown of what to expect in the final stages of the conveyancing process with us:

  • Funds will be requested 5 working days before completetion from mortgage lender (Purchase)
  • Redemption statement request will be sent to the current lender which can take up to 7 days to be sent to the Solicitor. This outlines how much is required to redeem the mortgage ie pay off the mortgage in a sale or remortgage.
  • Contracts will be signed by both parties to the conveyance, to process and produce a legally binding contract which all conditions / special conditions must be satisfied
  • A completion date will then be confirmed
  • The client will receive a cash statement the week of completion with a detailed breakdown of the cost associated with purchasing, remortgaging or selling the property.
  • Deposit funds and Fees are required to be sent at least two working days prior to completion
  • Once funds have been transferred to the other solicitor on the completion date and the solicitor confirms receipt of these, you will receive a call from the office instructing you to collect the keys from the estate agent or vendor depending on individual circumstances.
  • Any monies due to the client will be returned by Cheque or Bank Transfer
Over 20 years of experience