Property and conveyancing
So, you’ve found the house of your dreams, your offer is accepted and you can’t wait to move in and become a homeowner. While you’re still deciding how you’ll arrange your furniture and the changes you will make to the backyard, someone asks you, “Who’s your lawyer?”
Of course, even if you’re not new to the Christchurch property market, you probably knew lawyers were involved in the buying and selling process. This is ‘conveyancing’, and the team at Lawhub aim to protect your biggest asset, making your next property transaction a smooth and simple one.
At its core, property conveyancing is transferring a legal title of property from one person or another, or granting security interests, like mortgages. When it comes to property, there is an incredible amount of paperwork involved.
Our first step is going through the fine print, confirming the land area and legal description of the Christchurch property, if there are any restrictions like covenants or rights of way on your land or if there are any outstanding mortgages or EQC claims against your potential new home. We’ll check for:
- Easements: An agreement by the property owner and someone else, to use your land for a specific purpose. Often, easements involve the Christchurch City Council or Canterbury Regional Council to run water lines or fibre internet cables through your property.
- Covenants: A restriction on the owner and future owners on what changes they can make to their property. Some new Christchurch subdivision developers may want to enforce a look for the whole section. This can range from the cladding on the outside of your home to what colour you can paint your front fence.
- Right of Way: Similar to an easement, it’s granting someone access to your land. On a cross lease section, your neighbours may have right of way to a shared driveway.
- EQC Claims: Buying and selling property in Christchurch poses a few extra challenges. Some homes still have outstanding earthquake damage or are waiting for their claim to be processed by EQC. It’s important you know the extent of any damage, if there is any money outstanding for rebuild or renovations or if the Christchurch home you are buying is ‘as-is-where-is.’
The team at Lawhub will go through the fine print, highlighting any issues around easements, covenants, EQC or right of way, and translating the ‘legalese’ into plain terms so you really know what you’re signing up for.Contact Lawhub
How are you paying for your new dream home? Whether you’re dealing with a mortgage broker or working directly with a bank, our team at Lawhub will need to contact them to confirm the details of the sale, confirm that any conditions placed on the offer have been met and confirm that it’s OK for the property transaction to go ahead.Contact Lawhub
In some cases, your bank may need some extra reassurance before granting a mortgage. A guarantor, usually a parent or guardian, will ‘guarantee’ you will make your mortgage repayments by becoming responsible for your debts if you don’t.
Basically paying off an existing loan and replacing it with a new one. This could be an opportunity to get a new interest rate or consolidate a number of loans into one. Again, we’ll take care of all the paperwork and coordinate with your bank or mortgage provider to make it happen for you.
If you’re buying your first home, the government will let you access your retirement funds early to make up your deposit. Homestart Grants are also available for eligible first home buyers to help you get a deposit together. In both cases, KiwiSaver withdrawals and Homestart grants require more paperwork and coordination with the government and your bank, which Lawhub can help with.
Property settlement day
The day you get the keys to your new home can be stressful and exciting. There is a lot of work going on behind the scenes to make it happen.
With your authority, money will be transferred from your bank or mortgage provider to the Lawhub Trust Account, from us to the vendor’s lawyers trust account and finally to their bank or nominated account to settle any outstanding mortgage.
We’ll also make sure the proper paperwork is filed, confirming your property is legally transferred into your name. It takes a lot of coordination, making sure all the i's are dotted and the t’s are crossed on every piece of paperwork so your property transaction can go ahead as smoothly as possible.
While this journey was from the buyer’s point of view, we’ll also take care of the process if you’re selling your home or just refinancing. Want your next property transaction in Christchurch or Hamilton to run smoothly? Contact the team at Lawhub for a no-obligations consultation and quote.Contact Lawhub
Conveyancing Lawyer Christchurch
Your Conveyancing Lawyer in Christchurch Making Property Sales Easy
Lawhub is home to more than 60 years of combined success in various legal fields, including being a trusted name as conveyancing lawyers in Christchurch and Hamilton. Our boutique firm with highly skilled lawyers can solve your legal challenges with empathy and understanding. We work with a positive attitude and are driven towards success.Contact Lawhub
Benefits of Lawhub
You’ve been dreaming for years about the perfect property where you can raise your family. You visualised the porch where you and your partner would grow old together. Then you didn’t dream anymore as the ideal property came onto the market, and they approved your offer. You want to revel in the excitement, and the last thing you want is to drown in the paperwork. You want a reliable conveyancing lawyer to take care of the red tape of New Zealand property law on your behalf.
- Romeo and Robin are in the Lawhub Christchurch office are our trusted conveyancing solicitors with the experience to make your property transaction a smooth and successful one. Joan is our valued conveyancing lawyer in the Lawhub Hamilton office.
- We do the necessary checks on the property in question to determine if there are any restrictions on it, and that you understand everything you’re agreeing to. Our years of conveyancing experience means our team can effectively follow paper trails so you can be confident your prospective property is free of any outstanding mortgages or any EQC claims. The list of boxes checked before we give our legal approval is comprehensive, providing you with the assurance you deserve.
- As a reliable property law firm, we take care of the processes concerning your financing. Your property solicitor works closely with you and your bank or mortgage broker to confirm the conditions of the contract. Your lawyer guides the process for the property transaction to proceed.
- While you’re making plans to renovate your new kitchen, your reliable property lawyer takes care of all the arrangements ‘behind the scenes.’ This list is comprehensive and can be time-consuming, but your Lawhub conveyancing lawyer sorts it out professionally on your behalf.
- Our property law firm believes that although we take care of the details, you need to know where you stand. Our team will keep you in the loop during the entire process. Lawhub will complete all of the paperwork, and will guide the transfer of the funds from our trust account to the seller’s nominated bank account. Lastly, we confirm that the legal transfer of the property to your name is successful.
Since 2017 our boutique firm has grown from strength to strength. Our head office is in Christchurch with support from our Hamilton office. We are fortunate to have a team of diverse legal professionals whom each have their specific area in this field where they excel.
Our personal touch always supports our professional approach. Some legal areas seem cold and fact-driven, but we understand these legal matters impact your life and what’s important to you. To Lawhub, you’re a person, not just another case, so you can trust us to always treat you with empathy and care.
You can contact us and schedule your appointment at either our Christchurch or Hamilton offices. Let us help you to take care of the cold and factual world of mitigation to improve your life and those of your loved ones. Our door is open to give you affordable access to the legal assistance you need to get your life back on track.Contact Lawhub