Property Transaction is an online trading name for Convey Law. Convey Law is an innovative, award-winning and industry-leading conveyancing legal practice based in South Wales. Our philosophy is to be the very best at what we do and to exceed client expectations.
We are the proud winners of a plethora of national conveyancing service, IT and business awards.
Our revolutionary conveyancing practices have allowed us to lead digital innovation in our industry. Our paper-free environment and IT client portals have significantly decreased transaction timelines. In 2020, we became the first and only legal practice in the UK to integrate with HM Passport office for digital ID checks.
Convey Law has been recognised at all major conveyancing and property awards. We are regularly nominated across the board for our service, our staff, our groundbreaking IT and technology and for our emphasis on staff wellbeing. We have also picked up a string of honours for our world-class training academy.
We have received a host of accolades from leading property industry awards such as the ESTAS (Estate Agency of the Year Awards), widely recognised as the ‘Oscars’ of the property world, and also from renowned UK business awards like the British Chamber of Commerce Awards, Welsh Business Awards and Government-backed Apprenticeship Awards Cymru.
The ESTAS is the largest independent customer service feedback and awards scheme in the UK, which recognises the very best in the industry and are focused on actual reviews from genuine clients.
Convey Law are regulated by the Council for Licensed Conveyancers (the “CLC”). The regulatory framework provided by the CLC ensures that we operate to the highest standard, both in relation to conveyancing procedure and client care.
Whilst we are regulated by the Council for Licensed Conveyancers, we also utilise the services of independent legal consultants to ensure complete transparency for our clients. Our consultants take a proactive approach towards ensuring that we implement and adhere to best conveyancing practice, risk management and compliance.
The Conveyancing Association is a trade body made up of the top 200 conveyancing companies in the UK. It is the voice of the commercially minded, service focused Conveyancer and plays an influential role in shaping the future of the UK conveyancing industry. Our Managing Director, Lloyd Davies was the Operations Director of the Conveyancing Association for over 6 years.
The Society of Licensed Conveyancers is the professional body that represents the Licensed Conveyancer profession. It works constructively with the Council for Licensed Conveyancers as well as other stakeholders such as Government Departments, industry representative bodies, consumer organisations and the media. Our Legal Director Laura Burkinshaw sits on the Board of Directors for the SLC.
If you or any other party involved in this transaction own any other properties, you might have to pay a higher rate of Stamp Duty Land Tax (SDLT).
Property owners purchasing an additional property to their main residence in England, Wales and Northern Ireland will be affected by the rise in SDLT.
If you already own properties but plan to buy a permanent home to replace another, you are exempt from the paying the higher rate.
If you own two properties on the day of completion of the purchase of your second property but still legally own your first property and plan to sell, you are still obliged to pay the higher rate of SDLT.
A refund is available if you sell your former residence property within 36 months.
A first time buyer is defined as an individual or individuals who have never owned an interest in a residential property in the United Kingdom or anywhere else in the world and who intends to occupy the property as their main residence.
There are two fundamentally different foorms of legal ownership: freehold and leasehold.
If you own the freehold, it means that you own the building and the land it stands on outright.
With Leasehold, you own the lease from the freeholder (sometimes called the landlord) to use the home for a number of years.
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