Conveyancing Terminology

Chain – A term used to describe the parties linked together through the sale and purchase of their prospective homes.

Completion – The point in the legal process when you become the owner of your new home.

Completion Statement – A statement which your solicitor prepares showing where all the money goes on your purchase and any balance required from you.

Contract – A legal agreement to buy or sell a property.

Conveyance – A document which transfers ownership of a property from one person to another.

Conveyancing – The legal process undertaken to buy and sell properties.

Covenants – Legal obligations.

Deposit – A deposit of 10% of the purchase is usually required. The deposit will normally be requested from you when the contract is ready to sign.

Disbursements – Legal costs such as Local Searches, Land Searches, Land Registry Search and Land Registration Fee.

Early Repayment Fee – A fee on early repayment of your mortgage. Some mortgages offer you a discount, fixed rate or cashback but if you repay the mortgage within a certain period you have to pay extra to compensate the lender for not keeping the mortgage for the agreed period.

Exchange of Contracts – This is the point when the contract you have signed is dated and passed to the seller’s solicitor and they pass to us the contract signed by the seller. The contract is then legally binding.

Freehold – If you are buying a freehold property you own it absolutely with no landlord.

Ground Rent – The rent is paid by a leaseholder or tenant to a landlord when a property is leasehold. This generally applies to flats but can also apply to leasehold houses.

Land Registry – This is a Government organisation maintaining a register of properties in England and Wales. There are a number of District Land Registries around the country where on completion your solicitor will register you as the new owner.

Leasehold – If you own a leasehold property the lease gives you rights of ownership for a stated number of years. Almost all flats and some houses are leasehold. Leases contain the necessary arrangements to make sure the common parts of the building such as the roof not contained in individual leases are properly maintained and insured by the landlord or the managing agent.

Legal Charge – See Mortgage.

Landlord – Another name for lessor – somebody who grants a lease and who receives payment of ground rent under the terms of a lease.

Mortgage – Your loan will help you buy your home. This loan is secured by a mortgage (sometimes called a Legal Charge) on your home.

Mortgagee – The Lender who provides the funding to purchase your home.

Mortgagor – Somebody who takes out a mortgage (i.e. you the borrower).

Redemption – Repayment of a mortgage.

Registered Land – Land which has been registered at the District Land Registry.

Service Charge – A payment made to a landlord or management company to cover the costs of maintenance and insurance of a leasehold property.

Stamp Duty – A tax paid on the purchase of a property over a certain price.

Title – A title is checked to ensure that the seller owns the property without any problems.

Title Deeds – The documents which your solicitor looks at to check that the property you are buying has good title.

Transfer – A document which transfers ownership of a property from the seller to you the buyer.

Unregistered Land – Land which has not yet been registered at the District Land Registry. This doesn’t mean that there is a problem with that land; it is usually the case that the land concerned has not been sold since it became necessary to register the land in that area. In that case, the solicitor will register it following completion.

Witnessing of Documents – Certain documents will require an independent witness to your signature. This should be done by the witness (not a relation) signing his/her signature opposite your signature and then printing their name and address.

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Our Conveyancing Terminology Experts

Charles Mellor
Welcome Team Assistant
Charles works in Residential Conveyancing in the Milton Keynes Welcome Team. He is the first point of contact for clients looking to buy, sell, remortgage or transfer equity of a property...
Beverley Baggott
Conveyancing Assistant
Beverley worked for the old BBW Law (then Chaundler & Son) since leaving school, starting off as receptionist then progressing to secretary to various people before taking on her present role...
Holly Preston
Welcome Team Assistant Conveyancing
Having worked as a general office assistant for 4 years Holly is happy to be progressing her career in the conveyancing department...
Alison Peach
Assistant Conveyancer
Alison has worked in the law for 25 years, first as a secretary and assistant whilst she studied with CILEX. Alison has been dealing with her own matters for the last two years...
Heather Mayes
Conveyancing Manager / Conveyancer
Heather has worked in residential conveyancing for over 25 years and joined Tollers LLP in August 2019...
Zoe Thrift
Conveyancer
Zoe joined Tollers in 2014 having worked for law firms in Luton, London and Milton Keynes...
Wayne Bedding
Conveyancing Assistant
Wayne has over 20 years of experience in conveyancing and started his career at Tollers in May 2014...
Tracy Cousner
Conveyancing Assistant
Tracy joined Tollers in 2014 in Residential Conveyancing and assists the Team with not only purchases and preparation of completions...
Sian Evans
Solicitor
Sian has worked within the field of conveyancing for approximately 16 years and was admitted to the Roll of Solicitors on 1 st April 2002...
Robert Kasasian
Trainee Solicitor
As a trainee solicitor, Robert currently works in the residential conveyancing department and assists experienced staff...
Mandy Stark
Partner and Head of Residential Conveyancing
Mandy joined Tollers in February 2015 and is responsible for compliance for the residential property department. All eight offices and over 20 members of staff...
Louise Wilson
Conveyancer
Louise joined Tollers in January 2012 and undertakes the day to day running of property sale and purchase files...
Lindsey Lilley
Conveyancing Assistant
Lyndsey has 25 years’ experience working in a legal environment, with over 20 years spent in dealing with all aspects of residential conveyancing...
Lynsey Green
Conveyancer
Lynsey is a qualified Chartered Legal Executive currently working as a Conveyancer in the Residential Conveyancing team at Tollers...
Larissa De Oliveira
Assistant Conveyancer
Before joining as an Assistant Conveyancer in 2017, Larissa worked at international and national law firms such as Shoosmiths, Pictons and Brethertons...
Kirsten Blaikie
Assistant Conveyancer
Kirsten Blaikie, Assistant Conveyancer. Based in our Corby office, Kirsten has worked within the conveyancing sector for 5 years...
Khama Langdon
Trainee Conveyancing Assistant
Khama initially started working for Tollers as a Conveyancing Administrator through an apprenticeship. Khama has now been working for Tollers for over 3 years in David Wootton’s team...
Katie Green
Conveyancing Assistant
Katie Green - Conveyancing Assistant. Based in our Corby office Katie supports the Corby team by sending out contract papers to buyer’s solicitors...
Kate Munton
Conveyancing Assistant
Kate started her career at Tollers 25 years ago. In 2001 she joined David Wootton’s conveyancing team...
Jeremy Simmonds
Partner
Jeremy provides Wills and Probate services and Conveyancing to the established and growing client base in Rutland...
Heather Reay
Conveyancing Assistant
Heather joined Tollers in June 1979 and works in the Residential Conveyancing department, dealing with all aspects of conveyancing work...
Francesca Humphries
Senior Associate Solicitor
Francesca is a Senior Associate in the residential conveyancing department, managing a busy team in Corby...
Emily Vitue
Welcome Team Assistant
Emily Vitue works in our Residential Conveyancing department as a Welcome Team Assistant. She is the first point of call for new customers...
Elaine Rae
Conveyancer
Elaine has been with Tollers for 30 years and has specialised in Residential Conveyancing for the majority of that time...
David Wootton
Senior Associate / Conveyancing Manager
David is a Senior Associate and conveyancer at Toller’s with over 30 years of experience in conveyancing...
Angela Aitken
Conveyancer
Angela is a residential conveyancer with over 20 years of experience...
Alex Gill
Conveyancing Assistant
Alex is very settled in her role at Tollers and loves being part of the Northampton Conveyancing team which she has been a part of since May 2017...
Danielle Hull
Conveyancing Assistant / Proclaim Developer
At Tollers, Danielle currently assists the Head of Residential Conveyancing. She is also responsible for the development of the case management system held and operated within the conveyancing department.
Charles Mellor
Welcome Team Assistant
Beverley Baggott
Conveyancing Assistant
Holly Preston
Welcome Team Assistant Conveyancing
Alison Peach
Assistant Conveyancer
Heather Mayes
Conveyancing Manager / Conveyancer
Zoe Thrift
Conveyancer
Wayne Bedding
Conveyancing Assistant
Tracy Cousner
Conveyancing Assistant
Sian Evans
Solicitor
Robert Kasasian
Trainee Solicitor
Mandy Stark
Partner and Head of Residential Conveyancing
Louise Wilson
Conveyancer
Lindsey Lilley
Conveyancing Assistant
Lynsey Green
Conveyancer
Larissa De Oliveira
Assistant Conveyancer
Kirsten Blaikie
Assistant Conveyancer
Khama Langdon
Trainee Conveyancing Assistant
Katie Green
Conveyancing Assistant
Kate Munton
Conveyancing Assistant
Jeremy Simmonds
Partner
Heather Reay
Conveyancing Assistant
Francesca Humphries
Senior Associate Solicitor
Emily Vitue
Welcome Team Assistant
Elaine Rae
Conveyancer
David Wootton
Senior Associate / Conveyancing Manager
Angela Aitken
Conveyancer
Alex Gill
Conveyancing Assistant
Danielle Hull
Conveyancing Assistant / Proclaim Developer
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