Anyone who’s ever bought or sold a property will know that conveyancing is an essential part of the process. Selling or buying property can be very complicated, especially if you are looking at specialist accommodation like Park Homes, so it’s vital you hire a conveyancing solicitor to ensure the sale goes through smoothly. Here are just a few of the things a conveyancing solicitor will be able to do for you.
Draw up essential documents
A conveyancing solicitor will prepare all the necessary legal documents for your property sale or purchase. This includes drawing up the contract of sale and liaising with the other party to agree certain details and dates. You may not be keen to pay conveyancing fees, but hiring a conveyancing solicitor could save you a lot of money and stress in the long run. Money.co.uk explains that many estate agents will offer to appoint a conveyancer for you, but it’s far better to find your own. Ask friends and family for their recommendations if necessary.
Provide legal advice
Your solicitor will be able to give you expert legal advice to help you to complete the buying or selling process. They will advise you on any particular terms and conditions that you should add to your sale contract and will also arrange the settlement date on your behalf.
Help with your mortgage
If you are buying a property and taking out a mortgage, your conveyancer will review your contract and ensure all the relevant instructions are adhered to. They may also act as the lender’s legal representative during the purchasing process.
Help you sell a property
In order to sell your property, you will need an Agreement of Sale. This is a contract that helps protect you legally. Your conveyancing solicitor can handle this contract for you and prepare any essential documents you’ll need.
Buying a property
It’s not just sellers who need a conveyancer – buyers also need one to prepare the necessary transfer documents. It is not possible to purchase a property without these. Once the purchase has been completed, your conveyancer will register your new property with the land registry. This is the register of land owners, so you will then be legally recorded as the owner of the property.