If you are moving houses, chances are you will be thinking of using a conveyancing solicitor to help you with the legal side of things. Most people give little thought as to what the term ‘conveyancing’ actually means.
In a nutshell, conveyancing means the act of moving an interest in property for value to another person. It is the law surrounding this method. There is not much to it, but many technicalities can change how simple or complex it can be.
So what is conveyancing, and how does it work exactly?
In the UK, when you either buy or sell a property, you need to have real estate experts by your side to ensure you go through the process as efficiently as possible. The conveyancing procedure can get quite stressful, which is why you need to have the right property solicitor working for you.
Conveyancing: What is It?
Conveyancing is the process of preparing and transferring legal documents into either a sale or lease. When buying or selling a house in the UK, you need a licensed conveyancer to handle the land registry and other legal processes on your behalf.
What is the Conveyancing Process When Buying a House?
If you want the home buying process to succeed, you will need the help of a conveyancer. However, you must first know how the process works.
When you’re ready to buy a house, you need to instruct a conveyancer to handle all the necessary legal paperwork and local authority searches. You will then receive a draft of the property information, along with the charges and other sender documents.
Afterwards, you must make an offer on the property. This is the part when you need to verify the ownership of the house; you can do this by looking at the forms to double-check the information.
Next, your conveyancer will do local authority searches to determine the property details. You can also take advantage of this stage to have a survey done on the property.
When you’re happy with the contract details and you go through the exchange, the next step becomes legally binding. That means you need to continue with the process as agreed upon to make it official.
Your solicitor must go through the terms and conditions of the contract. Following the contract exchange, you will need to sign the formal transfer deed once the conveyancer has finalised the land registry. Then, you will receive an approved mortgage from your lender.
The Importance of an Excellent Conveyancer
As you can see, the process can get complex. It would help if you hire a conveyancing solicitor who can navigate the process with you smoothly. Whether buying or selling a house, it can be stressful if you don’t know what you’re doing. So, you need all the professional help you can get!
By knowing how the conveyancing process works, you can make a more informed decision, especially when choosing a solicitor to work with during this significant time in your life.
Find your Conveyancer Today
Conveyancing is one of the most helpful legal processes to assist with transferring the deed from one owner to another. It reduces the time you and your buyer have to wait while a third party performs a task.
Find the best conveyancing solicitors in Manchester at Conveyancing Expert. Get a free quote with us today, so you know what to expect when buying a home in the future.