Buying Property: What is Conveyancing?

September 25, 2017  |   Posted by :   |   Blog

property solicitor Thames Valley

Look, we know you just want to go out and browse your estate agent’s list of lovely, shiny new houses, but there are a few legal issues to get in order before you can buy your dream home. One of the most important aspects of buying a property (and, incidentally, one of the most common pitfalls buyers encounter) is the conveyancing process. In simple terms, conveyancing deals with legally transferring the ownership of a property from one person to another. This process begins when your offer is accepted, and it ends when the keys to your new home are in your hands. The bit in between is mainly dealt with by your wonderful solicitor, but there are a couple of things you need to do to help the process along:

  • First, get your solicitor on board as soon as you start house hunting. They will also help you arrange all the appropriate surveys, payment of fees, and other legal stuff so you can concentrate on finding your perfect new digs.
  • Your solicitor will draw up the necessary terms, draft contracts, perform searches, obtain title deeds, and set out the costs involved in the process, as well as negotiating with your seller’s solicitor to ensure everything runs smoothly.
  • You’ll need to do a few bits of admin yourself, too – such as checking details of your new property with the Land Registry, arranging any necessary surveys, securing a mortgage (if necessary), and putting down a deposit.
  • Once everything’s in place, your date of exchange is set, the contracts have been signed, the deeds have been transferred, and all the fees are paid, you’re ready to move! (Make sure to thank your lovely solicitor with a big bunch of flowers and/or a box of chocolates and/or a bottle of wine for all their hard work… ahem)

There’s a lot more to property law and conveyancing than we could fit in this blog post, but we know you’re not really interested in that – you’re just looking forward to moving into your pretty new home. So leave the legal stuff to us – we’ll even get you started with a FREE online conveyancing quote. The property team at Frances Lindsay & Co has over 50 years of experience, covering the whole of the Thames Valley, including Maidenhead, Windsor, Beaconsfield, Gerrards Cross, Marlow and Henley.

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