Moving house is stressful enough when the world is functioning ‘normally’. Moving house when the world has been turned upside down is another thing altogether. Recent guidance has signalled a desire by the Government to allow buyers and sellers to get on and move if they want. Especially with the temporary measure allowing homebuyers to not pay stamp duty on the first £500,000 of a property purchase price. This will be in effect until 31 March 2021, and will allow even those that have exchanged but not completed before 8 July 2020 to benefit.

Whether you are selling a manor house, making an investment purchase or buying your first flat, we have a large team of skilled and respected property lawyers who will guide you safely through the pitfalls of moving.

 

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What we advise on

  • Collective enfranchisement
  • Domestic house and flat sales and purchases
  • Equity release
  • First time buyers
  • Flat lease extensions
  • Gifts
  • Investment buy-to-lets
  • Mortgages
  • Shared equity
  • Transfers on death or divorce

Current guidance

Photographing the property

Estate agents will have different approaches to visiting and taking photos, but generally speaking if the property is vacant then estate agents will be happy to visit and take photos for the purposes of marketing the property online and compiling a brochure. If the property is occupied, either by the seller or tenants, some agents may still be happy to take photos but we would suggest these to be in the minority.

 

Viewings

Physical viewings are no longer restricted, although there is detailed guidance about the conduct of those viewings in line with government regulations. We have seen many agents promoting virtual viewings online, and have been instructed ourselves by buyers who have agreed to proceed on that basis, i.e. without having seen the property in person.

 

Collecting keys

A common suggestion is for the agent to deliver the keys in person to the property once the seller’s solicitors have received the completion monies. This would be done at an appropriate distance. 

 

Property survey

Surveyors are allowed access to carry out a survey. This is always money well spent and there are no limits on the types of surveys permitted at this present time.

 

Exchanging contracts

There are no legal restrictions preventing you from exchanging if all parties wish to do so. A key obstacle had been the unavailability of removal companies, but the majority of companies are now back up and running.

If the parties wish to have more than two weeks between exchange and completion, it might be appropriate to include contract clauses allowing the completion date to be set back if either party contracts coronavirus before completion. This would be particularly relevant where one of the parties is within a certain risk category for example, underlying health conditions. 

 

Meet the team

Partner and Solicitor
Vernon Clarke
Partner and Solicitor
Nick Conner
Partner and Solicitor
Mark Meleady
Review Solicitors

How our team can help

If your putting your property on the market, or want to start looking for your new home, it is good to get a solicitor involved at the earliest stage. We can help identify any quirks / areas likely to prompt enquiry during the sale process. If those areas can be looked at ahead of a sale being agreed, that will save time in the long-run and reduce the risk of the sale falling through.

We pride ourselves on offering an exceptional level of service, combining a traditional approach with a team member dedicated to your case backed up with the speed and efficiency offered by the latest technology.

 

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