Department: Conveyancing and Property
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Your questions… answered
Search our legal hub for the answers to some of the legal questions that we get asked most frequently. If you can’t find your question, just email us at enquiry@beswicks.com
Department: Conveyancing and Property
What is the average time it takes to complete a sale and purchase?
A usual conveyancing transaction takes around eight to 12 weeks on average.
Conveyancing and PropertyHow long are mortgage offers valid for?
Mortgage offers are usually valid for six months but with some lenders it can be as little as three months, so make sure you check carefully,
Conveyancing and PropertyCan a lender withdraw a mortgage offer once they have issued it?
Yes, a mortgage offer is not legally binding and a lender can withdraw an offer at any time.
Conveyancing and PropertyHow does equity release work?
Equity release enables homeowners who are aged 55 or over to release tax-free cash from the value of their home so that they can use the money
Conveyancing and Property
What is a transfer of equity?
Transfer of equity is when you add or remove people to or from the title of a property, effectively altering its ownership. This might be done
Conveyancing and PropertyDo I need a solicitor to change mortgage provider?
If you are staying with the same lender, you won’t need a solicitor. However, if you are moving to a new lender, you need to instruct a solici
Conveyancing and PropertyHow does remortgaging work?
Firstly, ask your current lender for a closing balance so that you can see how much you will need to borrow when remortgaging.
Conveyancing and PropertyWhat is remortgage?
Remortgage is when you change mortgage lender but you do not move house.