The Conveyancing Process refers to the area of law that deals with the transfer of land and buildings from one person or business to another.
It’s mostly connected with buying and selling houses, and if you’ve ever bought a house, you’ll know it’s the necessary part of buying a house that ensures it is transferred into or out of your name.
If you’ve never bought or sold a house before, then the conveyancing process might seem like an overwhelming, confusing, and expensive obstacle.
But it doesn’t have to be.
Here’s the thing – most of us don’t tend to deal with the law too often, and the most likely reason for doing so is moving home.
But at Solicitors Near Me, we are here to help you get to grips with the conveyancing process!
What Is A Conveyance?
The literal definition of a conveyance is the process of one thing being moved to another.
What Is Conveyancing In The House Moving Sense?
Now that you know what a conveyance is, when it comes to property law, a conveyance is simply the legal transfer of property from one person to another.
You’re more likely to hear it referred to as conveyancing or the conveyancing process, but all in all, it essentially means that the property will no longer be yours and will belong to someone else legally (if you’re selling) OR it will now belong to you (if you’re buying).
The process can take as little as 6 weeks (but that really is the BEST-case scenario) or it can take months – it’ll all depend on the chain you’re in.
The chain is the other buyers and sellers of houses that will be completed on the same day as you. As the people you’re buying a house from may also be buying a house, and if you’re selling, then the people that you’re selling to may also be selling a house.
And so on and so forth.
What Is The Conveyancing Moving Process?
The conveyancing process might seem daunting at first – so, we’ve outlined every single step along the way, so you know exactly what will happen and in what order:
- Step 1 – Deciding To Sell Your House Or Buy One
- Step 2 – Instructing An Estate Agent Or Heading To Rightmove
- Step 3 – Agreeing To Sell Your Property or Buy One
- Step 4 – Instructing A Conveyancing Solicitor
- Step 5 – Preparing a Sellers Information Pack To Send To The Buyer And Do Searches
- Step 6 – Preparing Contracts to Sell Or Buy The House
- Step 7 – Exchanging Contracts
- Step 8 – Completion Of The Conveyancing process
Remortgaging a property can be much more straightforward.
Once you’re in the position where you’ve agreed to either buy or sell a property (or both), it’s important to find a good conveyancing solicitor.
The process involves a lot of legal requirements such as searches being conducted, surveys being done, information packs being sent, and contracts being drawn up.
Some of the searches that will be conducted include:
- Local Authority search – This provides information on planning issues, railway proximity, and road works that may affect your property
- Water and Drainage search – This will reveal whether the property is connected to public sewers and mains drainage
- Environmental search – This will include vital information on whether the land is prone to flooding or if it’s contaminated, and if there are any environmental issues to be aware of
They might also recommend Coal Mining and Chancel Repair Liability searches, depending on the location and type of property or land.
Conveyancing fees will differ depending on the value of property/land, the location, the individual law firm/conveyancer, and the searches you’re conducting.
And you want to make sure all of that important contractual stuff is sorted without fuss, right?
Conveyancing Solicitors Near Me
We know that finding the right Conveyancing Solicitor is crucial.
Buying or selling property can be a stressful experience, so we’re here to make sure you end up in safe hands.
So, if you’re looking for a Conveyancing Solicitor near you, then we’ve got you covered…