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Light on Legals!

Author
Rachael Howe, Sam Fox, Warrington Mortgage Centre, Frodshams Solicitors
Published
Mon 27 Dec 2021
Episode Link
https://the-mortgage-heroes.simplecast.com/episodes/light-on-legals-w5kgJsDG

What is Conveyancing?! 

It's the process of buying, remortgaging or anything in-between, that's to do with property. It's the legal side, so the stuff the people don't see about a property. 

So it's making sure that you're checking things such  as if the house is in a flood risk area, there are the right building certificates in place, there's not a bankruptcy order on the house AND, if you're allowed to keep chickens on the land - yep, that's a thing!

The solicitor acting on your behalf also represents the chosen lender,  so they ensure that they're also happy to release the mortgage funds to the vendor's solicitor so you can get those keys to your new home. 

Rachael makes it easy to understand relevant topics such as Leasehold, Freehold, Ground Rent and restrictive covenants.

This episode is definitely not one to miss if you're looking to navigate through your first home purchase. 

 

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