Conveyancing
is an essential part of buying a home, but it's certainly complicated. Find out
the basics relating to conveyancing in this blog.
What is conveyancing?
Conveyancing
is a process that involves the legal transfer of home ownership from a seller
to a buyer. The conveyancing process starts when your offer on a house is
accepted and finishes when you receive the set of keys to your front door!
Who does the conveyancing?
A solicitor
or conveyancer often conducts the conveyancing process, but it can be possible
(although challenging) to do it yourself as long as you are not taking out a
mortgage.
A
conveyancing solicitor is essentially a fully qualified solicitor who will
undertake the conveyancing process on behalf of yourself. They'll generally have
wider training in other areas of the law.
Selecting a conveyancer
Both
conveyancing solicitors and licensed conveyancers are able to deal with the
conveyancing process when purchasing a new property. If you're going to get
legal advice on other topics as well as the property transaction, then a
conveyancing solicitor may be the best choice for you.
What do solicitors and licensed conveyancers
carry out?
The first
thing you’ll be asked when you put in an offer on a property is the name and
contact details of your solicitor or a licensed conveyancer.
As
previously mentioned, conveyancing is the legal term for transferring ownership
of property, regardless of if you are buying or selling.
A solicitor
or conveyancer will:
● deal with contracts
● offer legal advice
● carry out a local council search
● deal with the Land Registry
● transfer the funds to pay for your
property
It’s an
important role, so choose wisely and do your research so you are making an
informed decision.
Because we know that buying and selling a
property can be incredibly stressful, at Smalleys Solicitors we work hard to
make sure that you enjoy fast and reliable service that will decrease the
amount of stress that you feel during this time. We know that either selling
your property, buying new homes to let, or even transferring some of the equity
in your home can be stressful. Our team of professionals will take care of you
during the whole process. To find out more about the legal services we offer,
please
get in touch.
