It is possible to do your own conveyancing, but property law is complicated and the risks are high – we always recommend leaving it to the experts.
Why do I need a conveyancer?
This is a complicated legal process and an essential requirement when selling or buying a home with a mortgage.
So you need to ensure that your conveyancing is done by someone experienced and properly qualified.
Conveyancing is all about transferring the legal title of a property from the seller to the buyer. Conveyancers initially check the seller holds the title to the property; they also arrange ‘searches’ to highlight any potential issues that might change your mind about buying the property.
Your conveyancer also organises the payment between both parties when the transaction completes, including the payment of stamp duty to HM Revenue & Customs.
Licensed conveyancers are legal professionals who have been trained to deal with all aspects of property law. Ocean property lawyers are members of the Council for Licensed Conveyancers (CLC), which means we're fully qualified property law experts.
Our goal is to always work towards a quick completion, and a moving date that suits you - as well as others in the chain you are in. On average, we'd expect that conveyancing can be completed within eight to twelve weeks, but there are quite a few legal factors that can affect this.
In particular, waiting for confirmation of your mortgage offer to arrive can often slow things down. So it's essential to arrange your mortgage as soon as you possibly can.
That depends on whether you are buying or selling, and on the price of the property.
The type of property (freehold or leasehold) also makes a difference; leasehold property will cost a little more as there’s quite a lot of extra work involved. You can get an instant quote here.
We hope this article was useful, if you would like to discuss anything regarding 'conveyancing' our legal team will be happy to help.
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