Towards the end of 2025, we were instructed by international clients purchasing a newly built penthouse apartment in Ascot. The transaction presented an immediate challenge, to exchange and complete within just three weeks.
High-value transactions with compressed timescales demand careful coordination. Alongside progressing the legal work at pace, it was essential to ensure that all regulatory and compliance requirements were fully satisfied.
As our clients were based outside the UK, we utilised our remote onboarding systems to complete identity verification and client due diligence efficiently and securely. This allowed instructions to proceed without delay.
A key factor in meeting the deadline was collaboration. Working closely with our trusted search provider, we were able to obtain expedited property searches, enabling early identification of any issues that might otherwise have delayed the transaction.
Our team then undertook a detailed review of the title documentation, lease arrangements, new-build paperwork and developer information pack. Clear and concise reporting was provided to the clients, ensuring they understood both the legal position and any practical considerations before committing to exchange.
Given that the purchase constituted an additional property for non-UK resident buyers, particular attention was required in relation to Stamp Duty Land Tax (SDLT). We carefully assessed the information and ensured the SDLT return was submitted accurately and within the required timeframe.
Through proactive communication and close coordination with all parties involved, we successfully achieved a simultaneous exchange and completion.




