Most people have come across the term "Conveyancing" and the chances are that if you own a property or plan to, you will need the services of a Conveyancing Solicitor.
But what is Conveyancing?
The legal process of buying and selling property is called Conveyancing and can be carried out by a Conveyancing Solicitor or a licensed Conveyancer.
The Solicitor or Conveyancer will check the title of the property to ensure it can be legally sold, draw up the contracts of sale, research and advise whether there are any restrictions on the use of the property, check that there are no planned developments that will adversely affect the property, handle the deposit and final payment for the property and register the new ownership of the property with the Land Registry. Your lawyer will not only deal with relevant paperwork, in connection with buying a house or selling a house but will also provide informed advice as to how the sale or purchase of the property is progressing and flagging up potential problems or pitfalls.
Whenever you are involved in the buying or selling of a house or land then you will need a Conveyancer. Having a specialist law firm will help ensure that the whole process should run as smoothly as possible. If everything goes to plan then it should all be done within 10-12 weeks unfortunately with most things like this they can take a little bit longer or shorter depending on circumstance.
You should start thinking about hiring a Conveyancing Solicitor or property lawyer as soon as you have decided to sell your house. There are plenty of things that your Conveyancing lawyer can be getting on with whilst the estate agent is preparing to market your property, such as drawing up a draft Conveyancing contract and retrieving the title deeds for your home. The more time you give them, the less excuse they will have for delays. It is generally advisable for your Conveyancing lawyer and Home Information Pack Provider to be one and the same.
What about DIY Conveyancing?
Most people hire a Solicitor or licensed service-provider to undertake the legal side of buying their home. It is possible to do the Conveyancing yourself. However, it is advisable to think about this very carefully as it is a complex and time-consuming business. If it is not carried out properly you could, for example, find yourself involved in costly legal disputes over boundaries, discover that there is a new road planned to be built opposite your home, or even that the seller did not have the legal right to sell the home.
In reality very few home-buyers undertake the Conveyancing themselves, for three main reasons:
- Many mortgage lenders will insist on employing a Conveyancing Solicitor to protect their interests. They do not want to risk having shoddy Conveyancing work.
- There is a higher risk of things going disastrously wrong
- The other people involved may not be happy with you doing your own Conveyancing, and may even reject your offer on this basis
Fridaysmove offer a service with the benefits of both online Conveyancing service and traditional ‘face to face’ Conveyancing, meaning you can ring them and speak directly to your appointed Conveyancing Solicitor if necessary, but the majority of the Conveyancing will be dealt with via email to update you on the progress of your house sale or purchase.