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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

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 Property

How 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 Property

Can 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 Property

How 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

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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 Property

Do 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 Property

How 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 Property

What is remortgage?

Remortgage is when you change mortgage lender but you do not move house.