Based in Edinburgh & Aberdeen, our experienced estate agents and conveyancing lawyers serve clients throughout Aberdeen City, Aberdeenshire, Edinburgh City and Midlothian. Our experience and local knowledge ensures that you will get the best possible price for your current property and the best deal on your new home.
Conveyancing Solicitors Aberdeen & Edinburgh
For most of us, the largest transaction we’ll ever enter into will be the purchase of our home. With that in mind, it’s important you take expert legal advice from the best conveyancing solicitors you can find. At Anderson Bain, we offer a focused estate agency and residential purchase and sale service.
Conveyancing Lawyers for Buying Property
Our solicitors and partners are extremely experienced in the field of residential conveyancing. Unlike many firms, we do not treat conveyancing as simply a matter of process. We ensure that all of the work is carried out by experienced solicitors. We offer an unusually high level of Partner/Client contact to give you the very highest levels of service and expertise.
We know that the process of buying and selling property can be stressful, which is why we’ll always communicate with you throughout. We know that each client has their own needs and concerns and we always take a proactive approach in dealing with any worries you have.
What are the steps involved in buying a home?
When you see a property you like, you should get in touch with us. We’ll contact the selling solicitor to ‘note interest’ and find out about more about the property, whether there is any competing interest and if the seller has fixed a closing date. All of our Solicitors are heavily involved in the local property market and are well placed to advise you on the price to be offered, conditions of that offer and how to secure a property at the best possible price including of course all the legal formalities. At an early stage we’ll discuss your financial arrangements for buying the property, the information available in the Home Report in respect of the property and we will discuss with you any recommendations to obtain additional reports on the condition for example of the roof or timber specialist.
At the earliest possible opportunity we will provide you with a detailed quotation of fees and outlays which you will incur in connection with the transaction and our terms of conditions. You will also be asked to provide us with suitable forms of identification as is required by law.
Once we take your detailed instructions and submit the formal written offer on your behalf usually with a time limit for acceptance we will let you know as soon as we have the selling solicitors response and assuming we can reach agreement on the main terms of the price and date of entry we will then within a matter of a few days receive from the selling solicitors agent a written acceptance of the offer which will be “qualified”. That means that the seller is, in principle, happy to deal with you subject to some negotiation of some of the terms of the sale. Offers are also qualified to make them specific to the particular property you are purchasing. This process is known as adjusting missives.
The word missives is simply a Scottish Legal term for a contract for the purchase or sale of a property and usually comprises an offer on your behalf followed by an acceptance from the sellers solicitor and a final acceptance which together create a legally binding contract which we will confirm to you in writing.
After that we deal with the conveyancing. Conveyancing is an intensive process which must take place and be completed between conclusion of missives and the date of entry and involves a considerable amount of work between us and the selling solicitors. Closer to the date of entry when we will submit our statement of account for your approval. This will detail the purchase price, the amount we will receive from your lender by way of any mortgage funding, our fees and outlays in accordance with the quotation and a final balance due by you which we will ask you to ensure is with us as cleared funds no later than the day preceding settlement.
If there is a mortgage involved we will arrange an appointment for you to come in to sign the mortgage documents and explain the importance of those, the consequences of failing to adhere to the mortgage conditions and answer any questions you have at that stage.
If LBTT is applicable on your transaction the statement will include the sum we require from you in that connection and we will pay that on your behalf once the transaction has settled and arrange to register the title deeds in your name at Registers House in Edinburgh.
At the date of entry we will pay the price to the selling solicitors and in exchange will receive keys, title deeds and the signed Disposition transferring the title to you.
All that’s left is for you to collect the keys to your new home!
Conveyancing Lawyers & Estate Agents Aberdeen, Edinburgh
If you’re thinking of buying or selling your home, we can help. We are a focused practice with decades of conveyancing experience. For expert conveyancing advice in Edinburgh, Aberdeen or the surrounding areas, please call Anderson Bain on 01224 456 789 or click here.
I’d like to thank you for all your help and advice – professional and friendly as ever! - S Craig