House Buying Solicitors in Matlock, Derbyshire

Buying a home is an exciting prospect, but without help from the right professional it can also be a legal minefield.

Our conveyancing lawyers are qualified in all areas of property law and we are there to help you avoid potential problems and to protect your interests at every step, from making an offer to getting the keys to the door.

If you require any advice from one of our specialist conveyancing solicitors or seek a quotation we are only a phone call or email away. Our team at Lovedays Solicitors are happy to discuss the details of any transaction free of charge and provide a no-obligation fixed quotation for your conveyancing requirements.

I cannot rate Lovedays highly enough. They are approachable, responsive and thorough, and exceeded my expectations this time by completing the transaction a week ahead of an already very tight deadline
VCV, Tarporley

Get A Free Quote

If you would like to receive a bespoke quotation for your transaction, please call us on 01629 56660 or you can enter the information online.

Whether you are based in Matlock, Wirksworth or anywhere across England and Wales we will be able to help. We have over 100-year history of helping the people of Derbyshire and the surrounding areas.

When buying a property - what does a solicitor do?

1. Searches

We will need to apply for searches against the property to satisfy you and your lender if you have one and that all is in order. The searches can help to reveal any planning issues affecting the property, such as road improvements and details of any planning permissions affecting the property. We may also carry out flooding, mining and contaminated land searches if necessary. We will let you know if the searches reveal any matters of concern.

2. Contract

The seller’s solicitor will send us a draft contract, which we will check and amend as necessary. They should also send us a fittings and contents form and a property information form containing various details about the property.

We will carefully inspect the title of the property. The title will take the form of copies of the title deeds if the property is unregistered, or copies of the Land Registry entries if the property is registered. Over 90% of properties in England and Wales are now registered at the Land Registry, however, in the Matlock area, we do see a lot of unregistered properties. We look out for anything which could affect you at the property, for example, any easements (rights of way) or restrictive covenants. If the property is leasehold, then we will inspect the lease and any arrangements for maintenance of services at the property. We will report anything of concern to you.

We will then raise any enquiries that we have regarding the results of our searches and the contents of the forms.

3. Mortgages

If you are having a mortgage, we will inspect the terms of the mortgage offer and the mortgage deed and explain them to you. For more details click here.

4. Exchange of Contracts

Once we are happy with the results of our searches and the enquiries of the seller’s solicitor, we will ask you to visit our offices to sign the contract. We will report to you on any findings at this stage. If you are still happy to go ahead with the purchase, then you will be asked to pay a deposit which is usually 10% of the purchase price. We will then exchange contracts with the seller’s solicitor. If you wish to withdraw after contracts are exchanged, you may have to pay the financial penalties and could lose your entire deposit. On exchange of contracts, we will set the date for completion which is the day when keys are handed over and the balance of the purchase price is to be paid.

5. Between Exchange and Completion

On the completion date, we will need to have received cleared funds for the final balance from you, together with funds to pay for our fees and any disbursements and Stamp Duty Land Tax. You will be provided with this figure on a completion statement before exchange of contracts. At this stage, we will also request any mortgage monies from your lender.

6. Completion

On the completion date, we will send the completion monies to the seller’s solicitor. Once they have received the money the keys will be released to you. We will then arrange for any Stamp Duty Land Tax to be paid and will register you as the new proprietor with the Land Registry.

Please note that this is for guidance only and cannot be relied upon as either legal advice or what will happen with your transaction. Each transaction varies, and each property is different. If you require any further information, please do not hesitate to contact us.

Initial information from you

We will need the following

  • Some personal identification (passport, UK driver’s licence and recent utility bill);
  • The price of the property;
  • Any factors that may influence the exact time you want to buy the property;
  • How you are planning to pay for the property.
  • Money on account for the searches required before a binding contract is entered into. These will be included and set out in your Lovedays Solicitors Quotation.
  • Whether or not your purchase is a second home as this will have an effect on your Stamp Duty Law Tax.

We will also need to know whether:

    • You have applied for a mortgage;
    • You plan to carry out work on the property;
    • You are buying with someone else;
    • The seller is buying another property;
    • You have a property to sell.

Free Guide

If you don’t know your leasehold from your freehold, then get our Free Conveyancing Guide. It contains details about the steps you will need to take with any property transactions. The Guide giving you detailed guidance on what your lawyer will be doing for you and what to look out for.

Buying a Property Jointly

If you are interested in buying a property with someone else and want an even or un-even share, then making sure you have the right advice is detrimental.

There are two different types of joint ownership: Joint tenants and tenants in common. The main differences are that joint tenants own an equal share of the property and if something were to happen to one of the owners, their share goes to the other person/s whereas with tenants in common you can have an unequal share and your share in the property can be put in a will or be inherited by children.

If you are interested in learning more or need help with your joint property ownership, our highly qualified solicitors can help you understand the process, and the documentation and help guide you in the right direction.

About Lovedays

Lovedays Solicitors, Potter and Co Solicitors and Andrew Macbeth Cash and Co Solicitors are the trading names of Derbyshire Legal Services Limited which is a company registered in England and Wales under company number 08838592. Registered office Sherwood House, 1 Snitterton Road, Matlock, Derbyshire, DE4 3LZ.

Authorised and Regulated by the Solicitors Regulation Authority under SRA ID number 637916.

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  • Sherwood House
    1 Snitterton Road
    DE4 3LZ

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