Services Shared Ownership / Help to Buy

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. 

Alexander JLO has offices in:

  • London.
  • Cambridge.
  • Chelmsford.
  • Brighton.
  • Norwich.

Our experienced conveyancing lawyers in London offer a friendly service. We are dedicated to providing professional advice covering residential properties, tailored to each client’s individual needs. The team strongly believes in a hands-on approach and the philosophy of a “client for life”. Our solicitors and lawyers are on the panel of all major high street UK Lenders, as well as the vast majority of smaller lenders.

Our New Build Conveyancing Expertise

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 the Shared Ownership and the Help to Buy schemes. Our new build department understands and empathises with the worries of a first-time buyer. The team is ideally placed to ensure our clients get on the property ladder comfortably and with plenty of reassurance. 

We are proud to be advertised on the Share to Buy website. For more information, please click Share to Buy. At Alexander JLO, we confidently claim our solicitors can provide everything you’d require as a client, no matter how little experience you’ve got! 

How Alexander JLO Can Help

We’ll support your residential building endeavour around London. 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 

Let Alexander JLO guide you, whether you’re managing properties purchases under the Housing Act Right to Buy Scheme, or you’re selling multi-million-pound flats and houses. Our residential conveyancing department acts for clients globally buying and selling in England and Wales. 

We are experts in dealing with:

  • Leasehold properties
  • Staircasing
  • Remortages
  • Virtually all forms of residential land transactions

Our firm’s success and customer satisfaction are evident through solicitors’ independent feedback. You can read reviews via the Good Lawyer Guide and our 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 Conveyancing Solicitors

If you want further information or you’d like to discuss a fixed fee quote, please email the New Business team or contact us on 0207 531 8828.

FAQs

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:

  1. Receiving a quote.
  2. Stipulating and printing full details of the sale between parties.
  3. Creating a purchase file.
  4. Curation of contracts from the seller’s solicitor.
  5. Local, drainage and environmental searches on the property.
  6. Checking the buyer’s mortgage offer. (If applicable)
  7. Completing the stamp duty payment.
  8. Transferring funds.
  9. Signing contracts.
  10. Completion, and receiving keys.
  11. Applying to HM Land Registry.

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’ll lose the house, 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.

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    CONTACT

    For further information, please contact our team on:           020 7537 7000                    Jack Dash House 2 Lawn House Close Isle of Dogs London, E14 9YQ Dx 42653 Isle of Dogs

    OUR FIRM

    Alexander JLO firmly believes in a “hands-on” approach to the law backed by personal attention to detail. Our experienced solicitors offer a friendly service, and are dedicated to providing highly professional and successful services by gaining an accurate understanding of each customer’s individual case and objectives. Our client-base includes small and medium-sized companies, large multinationals, as well as individuals.

    Established in 1975, Alexander JLO (AJLO) is a highly respected firm of London solicitors with offices in the Canary Wharf Area of London Docklands. This firm is authorised and regulated by the Solicitors Regulation Authority (registration number 258699) and is governed by rules of professional conduct which may be found at: www.sra.org.uk

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