Conveyancing is the transference of the legal ownership of a property. It begins once a buyer makes an offer on a property and the seller has accepted it.
Conveyancing covers all administrative and legal work required to transfer property ownership from the seller to the buyer.
The process finishes when all contracts are signed, all payments have been made-including the stamp duty, and when the buyer’s conveyancing solicitor receives a copy of the necessary legal documents from the land registry.
The conveyancing process is a complex one that involves a lot of legal and administrative steps, and let’s not forget the logistics and practicalities of moving houses.
For the smooth running of the process, you would need the services of either a Conveyancer or a Conveyancing Solicitor.
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Skipping or doing a conveyancing process incorrectly could lead to several complications. Examples of such complications may include car parking restrictions or finding out that someone owns the land where a property sits and is not even involved in the sale.
So it is essential to have a licensed conveyancer or a conveyancing solicitor covering the steps. This article will show the difference between a conveyancer and a conveyancing solicitor and how they contribute to the conveyancing process.
Who is a Conveyancing Solicitor?
A solicitor is a member of the legal profession qualified to handle conveyancing matters. A conveyancing solicitor specialises in the law and procedure that applies to houses and flats where people live.
A conveyancing solicitor handles all legal paperwork involved in a property sale or purchase and helps in coordinating the conveyancing process. The duties of a conveyancing solicitor vary depending on who they are representing during a sale of a property. Usually, the buyer’s conveyancing solicitor has more work and responsibilities.
The duties of a conveyancing solicitor (either representing the buyer or the seller) include;
- Handling all the legal details while keeping everything running smoothly
- Communicating with their clients
- Help clients with contracts and make sure all necessary documents are signed.
- Exchange contracts (when the buyer is legally committed to buying the property).
- Responsible for completing contracts (this is when the buyer gets the keys).
- Advise their client to bring their will up to date.
Who is a Conveyancer?
Conveyancers are property experts who can advise their clients on the legal process of buying or selling a home.
A conveyancer can be a specialist lawyer specialising in the legal aspects of a purchase or sale of property or conveyancing.
On a sale, they draw up the contract and help answer enquiries. On a purchase, conveyancers approve the contract, draft a transfer, check the title, obtain search results and deal with any mortgage lender the client uses to help fund the purchase. After completion, they deal with the transfer of ownership.
What’s the Difference between a Conveyancer and Conveyancing Solicitor?
Conveyancers may or may not be legally qualified. If they are legally authorised, they could be solicitors or licensed conveyancers. If they are not legally qualified, they could be property experts because they specialise in residential conveyancing and licensed conveyancers.
Are you in the market for a property? Are you considering putting up your property for sale? I recommend using a conveyancing solicitor. Conveyancing solicitors make the conveyancing process much more stress-free.