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Other Property Services

At Russell and Russell, we can advise on a wide range of property services, so if you haven’t found what you’re looking for, why not give us a call to discuss your situation? But for now, here’s a couple of general questions you might have about residential property:

What is a transfer of equity?

It’s when the equity of one owner’s share of a property is transferred to the remaining owner(s).

What happens with a transfer of equity?

You need to apply to your lender to obtain consent to transfer the property and any existing mortgage into your name, subject to any additional borrowing you may require.

How does Russell & Russell provide a conveyancing quotation for its other property services?

We always provide a written quotation at the outset of a transaction, based on the information provided to us at that time so that you know where you stand and to ensure that there’s no misunderstanding between us at a later time.

In the case of residential conveyancing, we’re usually able to offer a fixed fee for our time. We’ll quote a fixed fee for the work normally undertaken in a standard case and will include a list of additional fixed fees that we would charge if you require additional work to be undertaken. Examples of this would be arranging a Title Indemnity Policy, Help To Buy ISA, preparing a Trust Deed or dealing with a Deed of Covenant. We may also be prepared to work on a “No Sale No Fee” basis – please ask about this if it’s of interest to you.

We’ll always honour the fixed fee unless the information relied upon by us at the time of the estimate was incorrect, or it subsequently becomes apparent that there’s an issue that will significantly affect the amount of time that has to be spent. In either case, we’ll notify you of any such development before we proceed further.

Examples of circumstances that might change the cost would be if the property is a flat, not a house as you initially informed us. Or, if a lease extension is required or if the ownership is defective and remedial action is needed.

For a free quote and breakdown of related disbursements known at this time please use our quote enquiry form.

In addition to receiving instructions direct from buyers and sellers, we also work alongside brokers, referrers and property agents who refer clients to us. If we have agreed to pay to them a referral fee for recommending us to act for you, then we’ll disclose the amount to you and we’ll pay the amount involved to the referrer out of our fee.

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