Conveyancing FAQ

What is conveyancing?

Conveyancing is the legal process of transferring ownership of property from one person to another. It involves a range of tasks, including property searches, drafting and exchanging contracts, and registering the transfer of ownership with the Land Registry.

Why do you need a conveyancer?

Conveyancing can be a complex and time-consuming process, and it is important to ensure that all legal requirements are met. A conveyancer can provide expert advice and support to ensure that the process runs smoothly and that you are protected throughout.

When do you need a conveyancer?

You will typically need a conveyancer when buying or selling a property, as well as in other circumstances such as remortgaging or transferring ownership of property.

What does a conveyancer do?

A conveyancer will carry out a range of tasks, including property searches, drafting and exchanging contracts, and registering the transfer of ownership with the Land Registry. They will also provide advice and support throughout the process.

How do you choose a conveyancer?

When choosing a conveyancer, it is important to consider factors such as their experience, qualifications, and reputation. You may also wish to obtain quotes from several conveyancers to compare costs.

How long does conveyancing take?

The time taken for conveyancing can vary depending on a range of factors, including the complexity of the transaction and the efficiency of the parties involved. On average, conveyancing can take between 8-12 weeks.

What is a property search?

A property search is a process of obtaining information about a property, including details on planning permissions, local authority requirements, and environmental issues. Property searches are carried out to ensure that buyers are aware of any potential issues before completing the purchase.

What are property contracts?

Property contracts are legal documents that set out the terms and conditions of a property transaction. They include details on the price, any conditions of the sale, and the rights and responsibilities of the parties involved.

What is the exchange of contracts?

Exchange of contracts is the process by which the buyer and seller exchange signed copies of the property contract, making the transaction legally binding. At this point, a deposit is usually paid by the buyer.

What is completion?

Completion is the final stage of the conveyancing process, during which the purchase price is paid and the ownership of the property is transferred from the seller to the buyer. Once completion has taken place, the buyer can take possession of the property.

Debbie Sumitra

Published on 22/05/2023