Conveyancing
What is Conveyancing?
Conveyancing takes place when you
buy,
sell or
re-mortgage
any property. Conveyancing is when the ownership of property or
land is transferred from one party to another. The process
ensures the completion of the relevant paperwork and assessments
to successfully transfer property from one owner to another.
The Conveyancing process begins when an offer has been accepted
on property or land, and the two parties have exchange details.
Who does Conveyancing?
Conveyancing can be legally be done by any individual
providing they possess the necessary time and experience, but
usually a solicitor or Conveyancer is used.
With many other things to consider when moving house, many
people prefer to have a Licensed Conveyancer or solicitor. A
Licensed Conveyancer is a qualified lawyer who specialises in
property law. Using a professional for Conveyancing ensures the
successful completion of the transfer and that any potential
problems are resolved. Often the other party may not be happy if
you are doing your own Conveyancing, as there is more scope for
things to go wrong. In some cases, they may reject the offer on
this basis alone. If you are purchasing property on a mortgage,
the company may require a professional conveyancer or solicitor
be used, in order to ensure their rights are protected and no
problems occur.
Online Conveyancing
It is possible to use an online Conveyancing Company to
complete the transfer of your property or land. Online
Conveyancing Companies provide instant quotes for selling,
buying and re-mortgaging property. This option is more cost
effective and allows you to complete the process from the
comfort of your home.
The process can usually begin once you have completed any
online forms or contacted a member of the Conveyancing Company.
A solicitor will be appointed to deal with the Conveyancing for
your property or land to ensure that the transfer goes through
smoothly and within the correct time scale. You can normally
contact your conveyancer by e-mail, post or telephone to discuss
the process and raise any questions you may have. Many online
Conveyancing companies guarantee no fees if the sale or
re-mortgage of property does not go ahead.
Online companies state the average Conveyancing time for a
property takes between eight and ten weeks. If you are
re-mortgaging your property, it can take around four weeks for
the transfer to be completed. However, some companies are
willing to speed up the process based on the time scale you give
them.
Solicitors
You can also use a local solicitor to complete the transfer
process for you. It is advisable to find a solicitor who
specialises in Conveyancing and who is registered with the Law
Society, which requires them to conform to a Code of Practice.
Licensed Conveyancer
Another option is to use a Licensed Conveyancer who is
registered with the Council for Licensed Conveyancers. A
licensed Conveyancer is a specialist property lawyer who has
been trained in all areas of property law, and would be able to
complete the Conveyancy process on your property or land.
The Council for Licensed Conveyancers (CLC) ensures that
services provided to the public are effective and efficient, and
all Conveyancers have undergone relevant experience and
training. Licensed Conveyancers may have their own practice or
form part of a team of Conveyancers. The CLC has strict
guidelines on who can become a Conveyancer and ensures CLC
examinations are successfully completed in addition to practical
training.
If you decide to use a Licensed Conveyancer then they will be
recognised by all key organisations and bodies involved in the
buying, selling and re-mortgaging of property such as banks and
mortgage lenders.
Choosing a Conveyancer
When choosing a Conveyancing Company or Solicitor it is
advisable that you select one which is registered with the
Council for Licensed Conveyancers (CLC) or the Law Society.
If you are using an online Conveyancing Company, it is
advisable that the company is registered, either with the CLC or
the Solicitors Regulation Authority.
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