Count on the leading Residential Conveyancing Solicitor firm in London
You can count on our leading Residential Conveyancing Solicitors in London
Our residential conveyancing department has become one of the leading legal firms in London and the South East. We are proud to be one of the first ten businesses in the country to be awarded membership to the Conveyancing Quality Scheme. You can rest assured you’re in capable hands, whether you’re negotiating residential leases or you’re trying to navigate mortgaging.
London Based Conveyancing Services
We aim to provide a local service to as many people as possible.
Shared Ownership
Count on the leading Residential Conveyancing Solicitors in London
Our shared ownership conveyancing department has become one of the leading providers of legal services in every aspect of shared ownership. We are proud to be one of the first ten businesses in the country to be awarded membership to the Law Society’s Conveyancing Quality Scheme.
You can rest assured you’re in capable hands, whether you’re buying a new build shared ownership, looking to buy a resale, selling or staircasing.
What benefits will you receive?
With decades of experience in shared ownership, we are well aware of the differences that buying, selling and staircasing involve. That is why we are recommended by the nation’s leading housing associations and developers.
On new build purchases we are on your side every step of the way. We will seamlessly guide you through the legal process explaining what you need to do in the beginning even before the legal journey commences and when action is needed from you during the transaction. Communication is key. We will keep you updated throughout and will be happy to help you bring your dreams of a first step on the property ladder into reality. Over the years we have assisted many thousands of clients do just that.
If you’re seeking support with brand new properties, you’re in the right place. Our specialist new build department deals with purchasing off-plan properties. Every one of our experienced solicitors boast links to some of the country’s largest Residential Property Developers and Housing Associations.
Alexander JLO are experts at dealing with all varieties of Shared Ownership schemes. Our new build department understands and empathises with the worries of a first-time buyer. The team is ideally placed to ensure you as clients get on the property ladder comfortably and with plenty of reassurance.
On resale shared ownership purchases, we will guide you through the intricacies of the lease to ensure you have a full understanding of what are often complex terms in plain English. We will advise on rent, service charges, insurance, and resale requirements which are often very different for shared ownership. You will be in safe hands throughout and benefit from our focus on client first and communication.
On shared ownership sales you will benefit from our contacts with most of the country’s leading housing associations and managing agents. We try, as best we can, to take away the inevitable stresses that selling a flat involves. Once again, our focus on communication is key to everything that we do.
Our dedicated staircasing department will guide you through the procedure involved in buying further shares. Once again, you will benefit from our well-developed relationships with most of the nation’s leading housing associations.
Our experienced conveyancing lawyers offer a friendly service. We are dedicated to providing professional advice covering shared ownership properties, tailored to each client’s individual needs. We have, over many years, developed close ties with housing associations, developers and managing agents allowing us to pre-approve documentation leading to as smooth and stress-free a transaction as possible.
You will benefit from a hands-on approach and the philosophy of a “client for life”. We want you to be more than just a number.
Our solicitors and lawyers are on the panel of all major high street UK Lenders, as well as the vast majority of smaller lenders.
We are proud to be on the solicitor panel of the Share to Buy website here.
How Alexander JLO Can Help You
We’ll support your shared ownership journey anywhere in England and Wales. We’re based in the Docklands of Canary Wharf. We are just a 5-minute walk from South Quay DLR Station or a 15-minute walk from Canary Wharf station.
Our firm’s success and customer satisfaction are evident through solicitors’ independent feedback. You can read reviews via the independent Review Solicitor website and our own website.
At Alexander JLO, our passion lies in offering an efficient, responsive, friendly, and high-quality service. These four differentiating factors encourage conveyancing clients to return to us every time.
Speak To Our Team of shared ownership specialists on 0207 531 8828, email our New Business team or simply click the Get a Quote Button and we’ll provide a free, no-obligation quote along with full details of the services you will receive.
Faq
Residential conveyancing refers to the selling and purchasing of domestic properties. The entire process is completed by a solicitor or a conveyancer, such as Alexander JLO. During the transaction, the contractual title of a residential property is transferred from the former owner to the buyer.
Though every case is different, you can expect similar general steps during any conveyancing process. This list usually takes eight to twelve weeks to complete, but you can face delays at any point without the support and expertise of an experienced professional.
The Residential Conveyancing Process:
- Receiving a quote.
- Stipulating and printing full details of the sale between parties.
- Creating a purchase file.
- Curation of contracts from the seller’s solicitor.
- Local, drainage and environmental searches on the property.
- Checking the buyer’s mortgage offer. (If applicable)
- Completing the stamp duty payment.
- Transferring funds.
- Signing contracts.
- Completion, and receiving keys.
- Applying to HM Land Registry for registration .
Residential conveyancing is slightly more complex for new build properties, since you’re relying on the construction company to complete works effectively and the local authority to support building plans. Sometimes you may be reserving a building before it has been finished, or perhaps before construction has even started! Rather than receiving a quote as the first step, you’ll have to register your interest and reserve the house while it is being built.
Our new build department at Alexander JLO can support you every step of the way, so you needn’t fret as a first-time buyer.
Usually, you’ll have a month to exchange contracts. If you don’t achieve this, the construction company can pull out of your deal. You may lose the property and your reservation fee. As soon as your offer is accepted on a new build property, you need a residential conveyancer to secure success.
Staircasing refers to a process where the partial owner of a shared property purchases further shares of the building. A partial owner can usually buy in tranches, or blocks, of ten percent. Figures may differ depending on the housing associations involved.
As you complete staircasing, you’re one step closer to owning the property in full. You’ll pay less rent, and you may be able to repeat the process until you’re responsible for one hundred percent of shares. Alexander JLO can help you to negotiate a staircasing deal for your residential property.
If you choose to remortgage, you’re changing the purchase deal on your property. You can complete remortgaging by moving to a new lender, or changing the rates of your agreement. It’s recommended you complete remortgaging three to six months before your current deal expires, so you secure the best rates. A residential conveyancer will support you as you negotiate new rates, and advise a sensible decision.
Yes, if:
- Your current mortgage is about to expire.
- You want a loan that’d be more expensive in a different form.
- You’d like a more flexible contract.
- Your home’s value has massively increased.
- You have concerns about interest rates rising,
- You’d like to make extra payments but your current contract won’t allow it.
No, if:
- You’re facing current credit problems.
- Your current rate seems competitive and you can’t find better.
- Your home’s value has rapidly dropped.
- You own less than ten percent of the property this far.
- Your current provider requires a large early repayment charge.
A Law Firm You Can Trust
All of our solicitors and lawyers are trained to the highest standards in their speciality area and are dedicated to following best practices, to ensure that our clients get the most satisfactory legal services possible. We are accredited by the Law Society as Family Law specialists.
Alexander JLO is also delighted to be listed in the Review Solicitors Guide for many areas. Take a look at our firm’s entry and Peter Johnson’s profile, or scroll down to see the rest of our team.
VIEW TESTIMONIALS
info@london-law.co.uk
+44 0 207 537 7000
