Post Completion including SDLT, Registration, Closing

Sale

Completing the sale of a property involves several crucial steps even after the transaction is deemed successful. At OSOI, they offer a dedicated Sale Post Completion service to ensure that all loose ends are tied up efficiently, and property sales conclude seamlessly.

Once the sale is successfully completed, their diligent team ensures the discharge of any existing mortgages from the property. They meticulously verify and confirm that the mortgage has been fully redeemed, providing clients with the confidence that their property is free from any encumbrances.

In cases where the mortgage still reflects on the property, they proactively engage with lenders, making calls and sending emails to swiftly resolve any discrepancies. They understand the importance of a smooth transition of ownership and work tirelessly to ensure all necessary steps are taken to achieve this.

Additionally, they undertake the responsibility of closing the files related to the sale, ensuring that all paperwork and documentation are appropriately archived and organized. Their aim is to provide clients with a hassle-free and organized conclusion to their property sale, leaving them with a positive and satisfying experience.

By availing their Sale Post Completion service, clients can trust that they have all the necessary processes in place to ensure a seamless and efficient conclusion to their property transaction. OSOI is committed to providing clients with outstanding service and exceeding their expectations at every step.

Purchase Post Completion

OSOI caters to the holistic completion of all Purchase property transactions, which issuing notices include filing of Land Tax, filing deed returns and obtaining updated registers.

SDLT (Stamp Duty Land Tax)

Navigating the intricacies of tax regulations in property transactions is a critical aspect of the conveyancing process. At OSOI, they offer a streamlined SDLT (Stamp Duty Land Tax) service to handle this aspect of property transactions seamlessly. SDLT is a tax that applies to properties and land transactions over a certain value in the UK.

Upon successful completion of a property transaction, their dedicated team takes charge of submitting the necessary SDLT documentation to HM Land Registry (HMLR). This entails accurately calculating the stamp duty applicable to the property based on its value and other relevant factors, ensuring compliance with the current tax regulations.
Their experienced professionals meticulously prepare and submit the required SDLT documentation, sparing clients the hassle of navigating the complex tax landscape on their own. They ensure that all documentation is completed accurately and in a timely manner, avoiding any potential delays or issues in property transactions.

By availing their SDLT service, clients gain peace of mind knowing that this vital aspect of the transaction is handled with expertise and precision. OSOI is committed to assisting clients in meeting all legal obligations and ensuring a smooth and lawful transfer of their property.

Registration

After successfully completing a property transaction, it’s crucial to ensure that all post-completion formalities are handled efficiently and in compliance with legal requirements. At OSOI, they offer a comprehensive Registration service to oversee these essential steps and guarantee a seamless transition of ownership.

Upon the successful completion and submission of the stamp duty documentation to HM Land Registry (HMLR), their dedicated team takes charge of the post-completion formalities. They send out notices to the Landlords and Management Companies where required. They handle the submission of the registration application to HMLR, ensuring that all necessary paperwork is accurately completed and submitted within the specified timeframe.
Once the registration application is accepted, they meticulously review the updated registers to ensure accuracy and completeness. They then promptly return these updated registers to clients, providing them with documented proof of their property ownership.

Then they close the files ensuring that all aspects of the transaction are complete with requisite authorities, insurances obtained, updated registers received and all monies paid.

Their commitment is to ensure that all legal requirements are met and that clients experience a smooth and hassle-free transition throughout the registration process. They strive to provide an efficient and reliable service, allowing clients to focus on enjoying their new property.