Residential Property

For most of us, the acquisition or a disposal of a property is often the biggest investment and the most important financial decision of our lives. We recognise this and understand the significance and importance of residential property transactions to our clients.

At Lloyd & Associates LLP, we deliver expert advice and protect our clients' interests at all times, whilst ensuring that the transaction proceeds to completion as quickly and as smoothly as possible. We are able to achieve this by maintaining momentum from the outset of a transaction coupled with clear and concise communication with all parties involved in a transaction.

Solicitors

Unlike many other law firms or those offering conveyancing services, our entire residential property work is undertaken by qualified solicitors. 

Advice

Using our local knowledge and experience of properties in South Kensington, Chelsea, Knightsbridge and Fulham gathered over the years by handling residential transactions in these areas, we are able to anticipate and pre-empt many of the key enquiries and issues specific to a particular property thus saving time and ensuring that our clients have the best possible information at the earliest available opportunity.

Relationships

We work closely with the estate agents, IFAs and property search companies involved in our client’s transactions.  As a result of this, they are kept fully informed of progress in the transaction and consequently if ever the need arises, we are able to enlist their assistance to try and expedite the delivery of information / documentation vital to being able to proceed quickly and efficiently.

Sales – Home Information Pack (hIP)

Following the well publicised change in the law, all properties that are sold on the open market require a Home Information Pack (HIP) to be made available by the Seller at the first point of marketing. The firm can obtain a HIP for clients to ensure that there is no delay in the marketing and subsequent sale of their properties.

Purchases – Pre Exchange Report

All of our purchasing clients are supplied with a pre contract report prior to exchange of contracts.  The report details all the relevant material information required to enable our clients to make an informed decision about whether or not to proceed with their purchase. 

Although any major problems or issues will have been raised with our clients during the course of the transaction, the pre contract report provides the basis for informed decision making and peace of mind to clients, which is invaluable whether the client is a first time buyer or an experienced property developer.

Leasehold issues

The majority of transactions in London that have complications and delays involve leasehold properties.  The firm specialises in dealing with all types of leasehold related issues and offers expert advice on all such matters including lease extensions and lease enfranchisements (collective purchase of freehold)

Electronic conveyancing

At the start of every transaction, all our clients are issued with a unique password so as to enable them to view the progress of their transaction online.  Many clients choose to provide this password to their estate agents / IFA’s.

Automatic e-mail messages and SMS messages are also sent to our clients at certain key milestones of a transaction.

Our electronic conveyancing facility not only enables the progress of the transaction to be tracked but it also provides an indication as to the issues that remain outstanding before contracts can be exchanged.

Remortgages –Transfers of Equity – Shared Ownership Leases

In addition to dealing with the sale and purchase of residential property, we also deal with other residential property related matters including re-mortgages, transfers of equity and shared ownership leases.

Fees

At the outset of every transaction, our clients are supplied with a guide price for our professional fees and disbursements in dealing with their transaction.

The guide price provided is on the basis that the transaction proceeds in a normal timely straightforward and uncomplicated fashion. 

For more information please contact either Mo Hakim or Christopher Lloyd.


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