Conveyancing
What is conveyancing?
Conveyancing is the legal name given to the process of buying and selling a property and encompasses all the legal and administrative legwork involved in the transaction.
Conveyancing can be an incredibly complex and drawn out affair, and although some homebuyers and sellers take the DIY route, it is recommended you take advantage of the services provided by conveyancing solicitors and licensed conveyancers.
With the average house price now over £220,000, purchasing a home is the most expensive transaction most of us will ever carry out – so, for peace of mind, it is almost always worth shelling out a little extra for a conveyancing professional.
In fact there are certain circumstances in which you should definitely not attempt DIY conveyancing, such as when:
- the property involved is a not a freehold
- the property is not registered with the land registry
- the property is not a house, e.g. commercial premises
- the sellers of the property are divorcing or separating.
What’s more, solicitors are obliged to have insurance to cover any complications during the conveyancing process. So if something should go terribly wrong, you would be compensated.
Conveyancing and property
Conveyancing is the name given to the administrative and legal process of transferring the rights of ownership of a property from seller to buyer.
Don't fall foul of restrictive covenants
A covenant on land is essentially a promise that comes with the land, which may involve being required to, or prevented from, using it in certain ways.
Ever wonder how to find a conveyancing lawyer?
Buying a house is the biggest financial commitment most people make in their entire lives, and conveyancing lawyers provide a valuable service.