Property

Property Law has become forefront of many matters and the simple reason for this is because property continues to be a persons main investment/asset and even if you are not on the property ladder it may just be a matter of time.

Below are examples of some of the property work Proctor Moore has expertise to provide best service and advice.

    • Sale/Purchase
      Whether you are selling or buying we can provide you with the right advice and in accordance with your needs. If you are a first time buyer we understand this is an awaited opportunity for you. With this in mind, we are happy to provide you with a service suitable for your needs.

       

      Services Provided with regard to Sale (Freehold and Leasehold)

      1. Pre-Contract Stage

      – Initial Instructions & Client Due Diligence

      – Take client instructions, verify identity (AML checks), and confirm ownership.

      – Obtain title deeds (if not held electronically).

      Drafting the Contract

      – Prepare the draft contract with key terms (price, property details, seller’s information).

      – Provide property title documents to the buyer’s solicitor.

      Property Information Forms

      – Complete standard forms (e.g., TA6/TA7 – Property Information Form, TA10 – Fittings & Contents Form).

      – Disclose planning permissions, boundaries, disputes, etc.

      Enquiries Handling

      – Respond to the buyer’s solicitor’s enquiries (raising additional queries with the seller if needed).

      2. Exchange of Contracts

      Finalising the Contract

      – Agree on completion date with all parties.

      – Ensure mortgage redemption figures (if applicable).

      Exchange

      – Legally binding agreement signed by both parties.

      – Buyer pays deposit (usually 10%).

      3. Pre-Completion Stage

      Completion Statements

      – Calculate final amounts (e.g., estate agent fees, mortgage repayment, taxes).

      Transfer Deed (TR1 Form)

      – Prepare the legal document transferring ownership to the buyer.

      Mortgage Redemption

      – Liaise with the seller’s lender to settle the outstanding mortgage.

      4. Completion Day

      – Funds Transfer

      – Buyer’s solicitor sends the purchase money to the seller’s solicitor.

      – Keys are released to the buyer upon confirmation.

      Land Registry Notification

      – Submit the transfer deed to update ownership (though registration is the buyer’s responsibility).

      Post-Completion

      – Repay Mortgage & Distribute Proceeds

      – Settle the seller’s mortgage and deduct fees (e.g., solicitor, estate agent).

      – Transfer net sale proceeds to the seller.

      File Closure

      – Retain records (typically 6–12 years) and provide copies to the client if requested.

      Please note

      Leasehold Properties: Additional work (e.g., managing lease terms, service charges, landlord consent).

      Tax Compliance: Ensure Capital Gains Tax (CGT) obligations are met if applicable. We do not provide tax advice.

       

      Services Provided with regard to Purchase (Freehold and Leasehold)

      1. Pre-Contract Stage

      Initial Instructions & AML Checks

      – Verify client identity (anti-money laundering checks).

      – Confirm source of funds

      Reviewing Draft Contract

      – Receive and examine the draft contract from the seller’s solicitor.

      – Check title deeds for restrictions, covenants, or charges.

      Property Searches

      – Conduct local authority searches (planning, highways, etc.).

      – Optional: Environmental, drainage, or mining searches (if needed).

      Enquiries & Due Diligence

      – Raise enquiries with the seller’s solicitor

      – Review Property Information Form (TA6) and Fittings & Contents Form (TA10)

      Mortgage & Finance

      – Review mortgage offer and ensure lender’s requirements are met (if applicable)*.

      2. Exchange of Contracts

      Conducting Final Checks & Signatures

      – Ensure all conditions are satisfied

      – Client signs contract and transfer deed (TR1).

      Exchange & Deposit Payment

      – Contracts exchanged

      – Buyer pays deposit (usually 10%).

      Agree Completion Date

      – Confirm completion date with all parties.

      3. Pre-Completion Stage

      Final Completion Statement

      – Calculate stamp duty, legal fees and mortgage advance (if applicable)*.

      Transfer of Funds

      – Arrange mortgage funds (if applicable)* and prepare balance for completion.

      Pre-Completion Searches

      – Last-minute Land Registry check to ensure no new charges on the property.

      4. Completion Day

      Funds Transfer & Key Release

      – Buyer’s solicitor sends full payment to seller’s solicitor.

      – Seller vacates, and keys are handed over.

      Legal Ownership Transfer

      – Buyer becomes the legal owner upon completion.

      5. Post-Completion

      Stamp Duty Land Tax (SDLT) Submission

      – File SDLT return within 14 days (payment due within 30 days in England/NI).

      Land Registration

      – Submit application to Land Registry to update ownership

      Mortgage Registration

      – Register lender’s charge on the property (if applicable)*.

      File Closure

      – Provide client with copies of deeds (if paper-based) and confirmation of registration.

      Additional Considerations

      – Leasehold Purchases: Extra checks on service charges, ground rent, and lease terms.

       

      Transfer of equity
      We receive many enquiries and have acted for numerous clients in relation to this type of work and we are happy to provide our assistance.

      There are a number of reasons why transfer of equity is required e.g. for trust purposes, or simple buy-out/gift. We may need to transfer the title of the property into the name of the person/company and/or create a trust to deal with the beneficial ownership.

      Services included:

      1. Initial Steps

      – Take instructions & confirm identities (AML checks).

      – Obtain title deeds (or electronic copy from Land Registry).

      – Check mortgage lender’s consent (if applicable).

      2. Drafting & Documentation

      – Prepare Transfer Deed (TR1) – Names old/new owners and shares.

      – Complete Stamp Duty Land Tax (SDLT) form (if applicable) – further charges will apply – see below.

      – Update mortgage terms (if lender requires a new agreement).

      3. Signatures & Consent

      – All parties sign TR1.

      – Mortgage lender approves (if mortgaged).

      – Obtain consent from any leaseholder/freeholder (leaseholds only).

      4. Completion & Registration

      – Submit SDLT return (if purchase price/mortgage changes).

      – File with Land Registry (update ownership).

      – Notify lender (if applicable)*

       

      OUR FIRM’S COSTS AND GENERAL DISBURSEMENTS

      *Transfer of Equity £500.00 (plus VAT, £100.00).

      *Freehold Legal Fees
      Purchase price between £0.00 – £1,000,000.00: £1,000.00 (Plus VAT, £200.00).
      Purchase price £1,000,001.00 + : £2,000.00 (Plus VAT, £400.00).

      *Leasehold Legal Fees
      Purchase price between £0.00 – £1,000,000.00: £1,000.00 (Plus VAT, £200.00).
      Purchase price £1,000,001.00 + : £2,000.00 (Plus VAT, £400.00).

      *The above prices includes our firm’s services all steps up to and including completion of the sale/purchase/transfer of your property (additional charges may apply – see below).

      Further Fees
      Bank Transfer Fee (Chaps) £16.00 each (VAT not applicable)
      Stamp Duty Admin/ Form £100.00 (Purchase only) (Plus VAT, £20.00)

      VAT will be charged at the current rate in addition to the legal fee.

       

      THE BASIS FOR OUR CHARGES

      Work carried out on your matter by our firm’s Mr Andreou will be based on the hourly rate of the caseworker at £250.00 per hour (Plus VAT, £50.00), letters sent are charged at £25.00 per letter (Plus VAT, £5.00), telephone calls no more than 6 minutes are charged at £25.00 per telephone call (Plus VAT, £5.00) and letters received charged at £12.50 per letter (Plus VAT, £2.50).

      Work carried out on your matter by our firm’s Solicitor will be based on the hourly rate of £160.00 per hour (Plus VAT, £32.00), letters sent are charged at £16.00 per letter (Plus VAT, £3.20), telephone calls no more than 6 minutes are charged at £16.00 per telephone call (Plus VAT, £3.20) and letters received charged at £8.00 per letter (Plus VAT, £1.60).

      Work carried out on your matter by our firm’s Paralegals/Trainee Solicitors based on the hourly rate of £120.00 per hour (Plus VAT, £24.00), letters sent are charged at £12.00 per letter (Plus VAT, £2.40), telephone calls no more than 6 minutes are charged at £12.00 per telephone call (Plus VAT, £2.40) and letters received charged at £6.00 per letter (Plus VAT, £1.20).

      Note; If your matter requires additional work that is not included in this estimate, you will be informed of this and what the additional cost will be at the earliest possible time. Matters typically exceed the quote fee when they are particularly complicated, for example where a lease has to be extended as part of the purchase of a leasehold property.

       

      DISBURSEMENTS

      Disbursements (these are costs payable to third-parties that relate to your matter)
      Official Copies of Title Deeds: £7.00 (No VAT applies).
      Priority Search: £7.00 (Purchase only), (No VAT applies).
      Residential Search Pack: £300.00 (Plus VAT, £60.00) – £400.00 (Plus VAT, £80.00). (Purchase only).
      Leasehold Management Pack: £300.00 plus VAT (Plus VAT, £60.00)(Leasehold sale only).
      Indemnity Policy: £15.00 (Plus VAT, £3.00)- £300.00 (Plus VAT, £60.00).

      The above breakdown of disbursements is only an illustrative guide and may vary (i.e. more or less than the stated amount) depending on the transaction.

       

      Stamp duty/ Tax
      You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above the government threshold. This has been seen to change consistently and  different rules apply if the property is your first home or an additional property. For the most up to date information on Stamp Duty we recommend you access the government website on www.gov.uk.

       

      OUR STAFF

      Work on your matter may be done by a mix of Solicitor(s), Paralegal(s), Trainee(s) and experienced conveyancing staff. Xen Andreou, solicitor since November 2003 and sole principal of this firm. Xen will have overall conduct and supervision of your matter who has had extensive experience in conveyancing matters. Please see our team: Team – Proctor Moore SolicitorsProctor Moore Solicitors.

       

      TIMESCALE

      The likely time scale for your matter is made in consideration of the issues known to the caseworker. We also make comparisons to other cases of similar issues. We estimate the likely time scale for an average conveyancing matter is 3/4 months, however this may change as your matter progresses.

      Although we endeavour to provide you with a realistic time scale this is an estimate and can change. If we anticipate a change we shall let you know in writing. There are many factors out of our control but we assure you that we will try to resolve your matter as quickly as possible.

      It is due process for you to enter into a retainer with our firm and further terms and conditions will apply, details of which will be included in a client care letter provided to you at the outset.

       

      *Please note we do not act for any banks with regard to residential conveyancing, as we are not on any lender panels. If you are purchasing a property or would like to instruct us in relation to the transfer of equity, we recommend you speak to your bank first about appointing a solicitor on their panel.

       

      Note: We can provide you with the above information in another format, and you can request this by emailing info@proctormoore.com or telephone 02083643111.

       

    • Sale/Purchase
      We provide sales and purchase advice for any commercial property/land type – whatever your requirements and the location of the property. We have acted for clients with regard to land acquisition out of the London and within the City.

      We are aware that clients require a quick transaction and we will do our utmost to ensure the best turnaround time and without compromise with regard to service. We carefully plan out the process to be seamless and we keep the client updated throughout.

      You may consider planning issues before sale or purchase and this is a very important aspect for the client. We are client focused and know that providing the right service will complement the investment purpose the client has in mind. Whatever your needs, we have vast experience to ensure your best interest is paramount.

      OUR FIRM’S COSTS AND GENERAL DISBURSEMENTS

      Purchase price between £0.00 – £1,000,000.00: £2,000.00
      Purchase price £1,000,001.00 + : £3,500.00

      The above price includes our firm’s services all steps up to and including completion of the sale/purchase/transfer of your property (additional charges may apply – see below)

      Further Fees
      Bank Transfer Fee (Chaps) £30.00 each
      Stamp Duty Admin/ Form £200.00 (Purchase only)

      VAT will be charged at the current rate in addition to the legal fee.

      THE BASIS FOR OUR CHARGES

      Work carried out on your matter by our firm’s Mr Andreou will be based on the hourly rate of the caseworker at £250.00 per hour (exc VAT), letters sent are charged at £25.00 per letter, telephone calls no more than 6 minutes are charged at £25.00 per telephone call and letters received charged at £12.50 per letter.

      Work carried out on your matter by our firm’s Solicitor will be based on the hourly rate of £160.00 per hour (exc VAT), letters sent are charged at £16.00 per letter, telephone calls no more than 6 minutes are charged at £16.00 per telephone call and letters received charged at £8.00 per letter.

      Work carried out on your matter by our firm’s Paralegals/Trainee Solicitors based on the hourly rate of £120.00 per hour (exc VAT), letters sent are charged at £12.00 per letter, telephone calls no more than 6 minutes are charged at £12.00 per telephone call and letters received charged at £6.00 per letter.

      Note; If your matter requires additional work that is not included in this estimate, you will be informed of this and what the additional cost will be at the earliest possible time. Matters typically exceed the quote fee when they are particularly complicated, for example where a lease has to be extended as part of the purchase of a leasehold property.

      DISBURSEMENTS

      Disbursements (these are costs payable to third-parties that relate to your matter)
      Official Copies of Title Deeds: £6.00 – £20.00 (approx.) (Sale only)
      Priority Search: £3.00 (Purchase only)
      Search Pack: £300.00-£400.00 plus VAT (approx.) (Purchase only)
      Indemnity Policy: £15.00 – £1,000.00 plus VAT (Sale/Purchase)

      The above breakdown of disbursements is only an illustrative guide and may vary (i.e. more or less than the stated amount) depending on the transaction.

      Stamp duty/ Tax
      You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above the government threshold. This has been seen to change consistently and  different rules apply if the property is your first home or an additional property. For the most up to date information on Stamp Duty we recommend you access the government website on www.gov.uk.

      OUR STAFF

      Our Staff: Work on your matter may be done by a mix of Solicitor(s), Paralegal(s) and experienced conveyancing staff. Xen Andreou, solicitor since November 2003 and sole principal of this firm. Xen will have overall conduct and supervision of your matter who has had extensive experience in commercial property matters.

      TIMESCALE

      The likely time scale for your matter is made in consideration of the issues known to the caseworker. We also make comparisons to other cases of similar issues. We estimate the likely time scale for an average conveyancing matter is 3/4 months, however this may change as your matter progresses.

      Although we endeavour to provide you with a realistic time scale this is an estimate and can change. If we anticipate a change we shall let you know in writing. There are many factors out of our control but we assure you that we will try to resolve your matter as quickly as possible.

      It is due process for you to enter into a retainer with our firm and further terms and conditions will apply, details of which will be included in a client care letter provided to you at the outset.

    • Rent Increase
      We are able to provide advice for landlord who wishes to obtain rent increase from their tenant and the process differs on the property type i.e. residential or commercial.

      Lease Review
      We can review your lease and this service is usually provided during initial consultation. If further work is provided you will be advised and costing be provided.

      Lease Renewal
      We can advise you with regard to the renewal of your lease and this will be the case if your lease that its terms has come to an end. We act for landlord or tenants in these circumstances.

      Assigning Lease
      A tenant may wish to assign their rights held within a lease to another person. This requires a process whereby the landlord will need to give consent. We are happy to assist throughout this process.

      Please note, we are happy to accept instructions from any landlord, tenant or an assignee but not for more than one in same transaction as this would be a potential conflict of interest.

      OUR FIRM’S COSTS AND GENERAL DISBURSEMENTS

      *Rent Increase £1,000.00 -£1,500.00 plus VAT

      *Lease Review £250.00 plus VAT

      *Lease Renewal £1,000.00 plus VAT

      *Lease Assignment £1,250.00 plus VAT

      *Grant of New Lease £1,250.00 plus VAT

      *The above prices includes our firm’s services all steps up to and including completion of your matter (additional charges may apply – see below)

      Further Fees
      Bank Transfer Fee (Chaps) £30.00 each
      Stamp Duty Admin/Form £100.00 (Tenant only)

      VAT will be charged at the current rate in addition to the legal fee.

      THE BASIS FOR OUR CHARGES

      Work carried out on your matter by our firm’s Mr Andreou will be based on the hourly rate of the caseworker at £250.00 per hour (exc VAT), letters sent are charged at £25.00 per letter, telephone calls no more than 6 minutes are charged at £25.00 per telephone call and letters received charged at £12.50 per letter.

      Work carried out on your matter by our firm’s Solicitor will be based on the hourly rate of £160.00 per hour (exc VAT), letters sent are charged at £16.00 per letter, telephone calls no more than 6 minutes are charged at £16.00 per telephone call and letters received charged at £8.00 per letter.

      Work carried out on your matter by our firm’s Paralegals/Trainee Solicitors based on the hourly rate of £120.00 per hour (exc VAT), letters sent are charged at £12.00 per letter, telephone calls no more than 6 minutes are charged at £12.00 per telephone call and letters received charged at £6.00 per letter.

      Note; If your matter requires additional work that is not included in this estimate, you will be informed of this and what the additional cost will be at the earliest possible time. Matters typically exceed the quote fee when they are particularly complicated, for example where a lease has to be extended as part of the purchase of a leasehold property.

      DISBURSEMENTS

      Disbursements (these are costs payable to third-parties that relate to your matter)
      Official Copies of Title Deeds: £6.00 – £20.00 (approx.) (Landlord only)
      Priority Search: £3.00-£6.00 (Tenant only)

      The above breakdown of disbursements is only an illustrative guide and may vary (i.e. more or less than the stated amount) depending on the transaction.

      Stamp duty/ Tax
      You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above the government threshold. This has been seen to change consistently and different rules apply if the property is your first home or an additional property. For the most up to date information on Stamp Duty we recommend you access the government website on www.gov.uk.

      OUR STAFF

      Our Staff: Work on your matter may be done by a mix of Solicitor(s), Paralegal(s) and experienced staff. Xen Andreou, solicitor since November 2003 and sole principal of this firm. Xen will have overall conduct and supervision of your matter who has had extensive experience in landlord and tenant matters.

      TIMESCALE

      The likely time scale for your matter is made in consideration of the issues known to the caseworker. We also make comparisons to other cases of similar issues. We estimate the likely time scale for an average conveyancing matter is 3/4 months, however this may change as your matter progresses.

      Although we endeavour to provide you with a realistic time scale this is an estimate and can change. If we anticipate a change we shall let you know in writing. There are many factors out of our control but we assure you that we will try to resolve your matter as quickly as possible.

      It is due process for you to enter into a retainer with our firm and further terms and conditions will apply, details of which will be included in a client care letter provided to you at the outset.