What Is Conveyancing?

what is conveyancing

The Legal Process

Conveyancing is the legal process of transferring the sellers name on a property to the name of the buyer, once a successful offer has been made on a property.

The process of conveyancing begins when you make your offer on a property. You will need a solicitor before you can progress onto the next stage (exchanging of contracts)

When Should I get A Conveyancer?

It is always best to have a conveyancer lined up as soon as you decide you are looking to buy a new home. This will show sellers that you are serious and speed up your process when you make an offer.

When you are instructed, your solicitor will write to the sellers solicitor to get a draft copy of the contract and other documents. Your solicitor will check that the documents are correct and raise any problems with any need of further attention.

Once all your checks are in place, your solicitor will exchange contracts for you. They will inform you of final figures to be paid.

After the completion, your Miller Metcalfe solicitor will be sure of all loose ends and tie them up. This will include payments such as stamp duty, registering you as a new owner with Land Registry and also send the title deeds to your mortgage lender.

How long will The Legal Process Take?

Each conveyancing process can differ in how long it takes. Varying according to the buyers, sellers and mortgage lenders involved. Your best bet is to be flexible. Any unexpected circumstance and delays can happen, especially in longer complicated chains.

Related Post

Updates: 2 Mins Read

BREAKING NEWS: £5k Deposit Mortgage For First Time Buyers

Are you a first-time buyer eager to make your mark on the property ladder? We’ve got exciting news for you! A new

Updates: 2 Mins Read

4 Essential Questions to Ask Your Estate Agent for Smart ...

When it comes to buying a new home, it’s essential to have a reliable and knowledgeable estate agent by your side. To

Updates: 4 Mins Read

Your Fixed-Rate Deal is Ending: Valuable Advice from a Mo...

Following a meeting with members of the Monetary Policy Committee, the Bank of England has made the decision to raise interest rates