Purchasing property is an exciting adventure, but making sure that everything is dealt with properly and that all the details are sorted out can be stressful at times. To ensure your business dealings regarding your new property can run smoothly, you will need to acquire the services of a property solicitor or conveyancer – someone who can arrange a whole range of aspects. But what exactly does a conveyancer do, and what does conveyancing entail? Here’s all you need to know about conveyance when purchasing property and what it involves.
Conveyancing – and what it means
No sale of a house or property is the same, so details can vary greatly. However, conveyancing usually involves tasks such as:
- Land registration and transfer of title
- Payments and stamp duty charges
- Creating, terminating, and assessing various contracts
- Giving legal advice and opinions to protect interests
- Collecting and transferring funds before, during, and after sale
Your conveyancer and their traits
Whilst all solicitors are qualified to do conveyance work, not all have the necessary experience or may not see the job through in a thorough and proper manner. Here’s what you should expect from your conveyancer:
- There are firms that specialise in conveyance and often, they operate on a ‘no sale, no fee’ basis. They only receive a high incentive from finishing the job quickly.
- Any solicitor can, in practice, do the job, but it’s wise to avoid any young solicitor or a solicitor without the necessary experience.
- Your conveyancer should never be too busy for you; avoid them if you feel you cannot communicate; there may be many details to go over and it may require focus and attention.
- If at all possible, hire a local conveyance – chances are they have done it several times before, know whom to talk to and where to file papers so the job gets done quickly. They’ll also be more likely to understand local building codes and other local regulations which may be mentioned in contracts or agreements. Whilst most business will happen over the phone or via email, being able to meet in person may help things along.
It is, of course, possible to choose a conveyancer local to the area – for instance, if you are considering property for sale in Colchester, then it would be good to opt for locally-based conveyancing. However, it’s getting more popular to hire conveyancers online; such companies usually have a panel of solicitors who can handle your case and whom you can communicate with online or on the phone. Whichever you feel most comfortable with, remember that it’s not necessary to deal with a conveyancer your estate agent recommends – the choice is and should be yours. Set realistic expectations and find one you can communicate clearly with.