Buying or selling a property can be an exciting and confusing process. One of the most important steps in this process is conveyancing—but what exactly is it? Here, we'll explain what conveyancing is, why you need it, and how to make sure your conveyancer is the right one for you.
What Is Conveyancing?
Conveyancing is the legal transfer of a property from one person to another. The process usually involves several documents that must be completed correctly, including contracts, searches on title, land registration documents, stamp duty forms and other legal documents. Once these documents are signed by both parties and all funds have been received, the property will be officially transferred to its new owner.
Why Do I Need Conveyancing?
Although some people choose to do their own conveyancing, it’s highly recommended that you hire a solicitor or licensed conveyancer for the job instead. A qualified professional will have a thorough understanding of the local laws related to buying or selling a property and can advise you accordingly. They will also help with any paperwork required throughout the process and can assist with any potential disputes that may arise along the way.
How Do I Choose a Conveyancer?
When choosing a conveyancer or solicitor for your transaction, it’s important to make sure they are experienced in dealing with home sales and purchases in your area. Ask them about their fees (fixed fee or charged by the hour) as well as any additional costs for services such as preparing specific forms or carrying out searches on title. Be sure to check out customer reviews online too!
In short, when buying or selling a property it’s essential that you have an experienced professional handling your conveyancing needs. Not only will they ensure that everything runs smoothly but they can also provide invaluable advice throughout the process. Make sure you shop around for different prices and customer reviews before making your final decision—and good luck with your purchase!
