Conveyancing solicitors — hot property
Conveyancing and Property law – Solicitors
Owning property in the UK is an important achievement in our culture. Not only does property ownership confer status, but in theory it should also provide more security and wellbeing. If you get into a dispute over property, it could very well be time to call in a solicitor.
Property law is a broad area of law that covers a number of different, yet interlocking areas of UK law. This not only means that property law can be complex to a layperson, but also that most of us will probably rub up against some legal issue to do with property law at some point in our lives. It is at these points where we would be advised to get ourselves the help of a solicitor.
The term conveyancing is the legal name given to the procedure that must be undertaken when a person is buying and selling a property. This means that the term takes into account all of the administrative and legal involved in transferring the ownership of property. Many people enlist the services of a solicitor to do the legwork for them so that they can concentrate on the other important parts of moving house or setting up a property for business.
The process of conveyancing can end up being quite a prolonged operation. Because purchasing property and especially a house is the most expensive thing a person or family will ever undertake to purchase, it will probably be worth ensuring the process is carried out correctly by hiring a property law solicitor or a licensed conveyancer.
When you hire a solicitor to take care of the conveyancing of a new property, the process will start in earnest. The process can only formally begin if an offer on the property has been accepted. Firstly, your solicitor will receive confirmation if your offer as well as the estate agent’s details. Your solicitor will contact all the relevant parties to the agreement and request a draft contract from the party that is selling the property.
Your solicitor will now receive a copy of the draft contract. The solicitor will look over this important document for any strange clauses, as well as checking the property deeds to establish that the seller is actually entitles to sell the property. While you sign the contract your solicitor will be provided with details of any alterations to the property or it boundaries and a list of all items within the house that are involved in the sale.
It will now be your solicitor’s job to carry out a search using the local authority to establish any relevant planning permission documents. If you are happy with the process so far it will be time to sign the contract and exchange contracts with the seller. In most transactions of this kind the seller will ask for a deposit as a sign of good faith. After the contracts have been exchanged you will now be the legal owner of the property.
This is the briefest of possible skips over the surface of what the process of conveyancing really entails, and it is clear that it is mostly dry, administrative work. If you would rather focus on other things to do with purchasing your new property, it is advised that you enlist the services of a solicitor today.