Residential Property Law

Benefits we provide for Property Lawyers to make your life easier:

• With our extensive network of contacts, we can often speed up the mortgage process to enable a quicker completion
• We provide regular updates on mortgage progress to save you time
• Being independent, we have more options available to help your clients, avoiding aborted completions

The following case studies are based on clients' specific circumstances and should not be viewed as advice. Please seek independent financial advice before embarking on a course of action.

Mortgages and Finance

Mr & Mrs S came to see Gareth as they were interested in buying a property at auction, which was two weeks away. As it was advisable to have a mortgage offer in place prior to the day of the auction Gareth was able to obtain one within six working days of the application being made. This enabled the Property Lawyer to have enough time, without any last-minute rushes, to have everything in place prior to the auction. Close liaison with the Lawyer meant that there were no surprises, which resulted in happy clients and a successful purchase.

Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice, the precise amount of the fee will depend upon your circumstances but we estimate that it will be £695.

Mortgages and Finance

Mrs S was recommended to us by her Family Lawyer and the intention was to remortgage the matrimonial home to provide funds towards buying a new home for herself and her son. Although the client had reasonable income to obtain a mortgage and some savings of her own, she was still short of deposit to make up the purchase price. She was an only child and her widowed father owned his own home. The solution was to raise funds on her father's property by arranging a lifetime mortgage equity release. Her father took independent legal advice and the result was that he raised sufficient funds so that plus her savings and a new mortgage she was able to purchase her new home.

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration. Our completion fee will be £1,750 or 1.25% of the amount raised if greater.  Any commission received from the plan provider will be refunded to you.  If you do not go ahead after you have applied we will charge you 50% of our fee.  For example, if our completion fee is £1,750 then our fee will be £875 if you withdraw your application.