Conveyancing process

The Legal Aspect – Conveyancing

The term conveyancing basically refers to the legal work regarding transferring the ownership of your property from you to your chosen buyer. Their solicitor/ legal conveyancer will do the following:

Preparation:

Check the title deeds of the property to ensure it really belongs to the you;
Establishing the property’s legal boundaries;
Put together a list of fixtures, fittings and contents to establish what is to be included in the sale;
Prepare an enquiry form for you to fill in concerning material or structural defects you may be are aware of;
Survey local authority plans for details on upcoming developments that could influence the property’s value;
Negotiate with you to change the offer if substantial repairs are needed;
Edit the draft contract for sale prepared by the vendor’s solicitor.

Exchange of contracts:

Arrange the date for the completion and the exchange of contracts;
Hand over the deposit;
Sign the mortgage deed;
Perform final searches.

Completion:

Hand over the keys and title deeds;
Pay stamp fees;
Record the transfer at HM Land Registry for certification.

Your representative should liaise with the buyers representative to ensure that all of this happens on a timely basis.