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CONVEYANCING
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What is conveyancing?
'Conveyancing' refers to the legal process of transferring ownership of a property or piece of land from the seller to the buyer. It can start anywhere between your offer being accepted to after the sale has been finalised.
Conveyancing can be carried out by either a conveyancer or solicitor. There are a few steps to the process:
- Instructing a conveyancer or solicitor - You'll be asked for more information, as well as permission to begin the conveyancing process
- Conveyancing searches - Your conveyancer or solicitor will arrange and undertake property searches
- Exchange of contracts - When the contract details are agreed upon
- Completion - When the legal titles are passed over to the buyer, and the seller leaves the property empty for the buyer to move in
- Post-completion - Your conveyancer or solicitor will pay Stamp Duty Land Tax and register you with the Land Registry
Do bear in mind, though, that this is a fairly simplified view of things; there are many small tasks, checks and steps along the way.
Is a conveyancer different to a solicitor?
Conveyancing can be carried out by either a conveyancer or solicitor.
Sometimes called a 'conveyancing solicitor', a solicitor will be registered with the Law Society. They'll have wider scope over different areas of law, so will be able to offer a full range of legal services. They are qualified to deal with complex legal issues.
In comparison, a licensed conveyancer is a lawyer that specialises in the legalities of property and moving home. They're usually cheaper than a solicitor, but they can only deal with conveyancing and property law.
What does a conveyancing solicitor do?
A conveyancing solicitor will deal with all the legal tasks involved when transferring ownership of a property from the seller to the buyer.
They will:
- Handle contracts and documents
- Carry out local council searches and property searches
- Deal with the Land Registry
- Transfer the payment for the property
- Carry out the exchange of contracts
- Give legal advice
On average, conveyancing can take anywhere between 8 and 16 weeks, from the initial offer to completion.
Compared the best-rated conveyancers and solicitors
Whether you're buying, selling, or remortgaging, you'll need a conveyancer to oversee all the legal requirements and ensure everything progresses to completion.
- Don't get caught out using an unverified solicitor from google
- No hidden fees - all costs are included in the quote
- Peace of mind that each conveyancing firm has been through a stringent due-diligence process