A brief guide to conveyancing

At some point in life, we all might need the assistance of a conveyancing solicitor and their expertise. As experts in conveyancing, we’ve put together a brief guide to conveyancing and what a conveyancing solicitor does:

What is conveyancing?

Conveyancing, or property law, is the legal process of transferring property from one owner to another. This could be home, business or even a piece of land. With this in mind, a conveyancing or property solicitor is there to carry out the services necessary to officially and legally transfer the ownership of a property from one party to another.

Who needs a conveyancing solicitor?

If you are buying, selling or remortgaging a house you will probably need a conveyancing solicitor to help you with the legal processes. You may also need legal assistance if you’re looking to become a landlord, whether a domestic or commercial one or, occasionally if you’re a tenant of a rented property.

How long can conveyancing take?

Depending on the type of property and circumstances, the conveyancing process can take anywhere from six weeks to a whole year and, at times, even longer! This is extreme but, with so many stages and things to sort out, it can happen.

What can a conveyancing solicitor do for you?

Buying and selling property

Whether it’s a residential or commercial property, a conveyancing solicitor will aid those looking to buy their property or purchase a new one, whether it’s for the first time or the hundredth. Here are just a few of the many tasks that a conveyancing solicitor can perform on their behalf or help with:

●Contracts, forms and documents – filling out official forms, such as TA10 and TA6, to ensure they’re legally binding and exchanging contracts with relevant parties.

●HMRC and Land Registry – liaising with HMRC and Land Registry and forwarding any deeds on to them also.

●General communication – they will continue to liaise with yourself, the other parties solicitors and any relevant companies or governing bodies on your behalf.

Landlords

Other than buying and selling property, some conveyancing solicitors will be able to support and represent both landlords and tenants. They may also be able to settle any landlord/tenant disputes.

Searches and reports

Property searches are carried out by your chosen solicitor to ensure you know everything about the property you plan to purchase. As part of the process, your chosen solicitor will carry out a few searches including the local authority, environmental and water and drainage, as well as able to analyse the results.

A conveyancing solicitor may also be able to arrange a building surveyor to carry out a Homebuyers Report on your behalf also, to check for any defects within the property. Both of these enquiries are crucial to revealing details about the property and potentially enable a price renegotiation.

Mortgaging and remortgaging

A conveyancing solicitor won’t be able to grant a mortgage but they will able to offer advice regarding your circumstances and financial situation. If you’re looking to remortgage in the future, property solicitors will be able to run through it all, along with transfer of equity, better overpayment options and much more.At Naughton Solicitors, our expert conveyancing team in Seaham provide a supportive, reliable and professional service to those going through complicated conveyancing processes. If you’re looking to buy, sell, rent or remortgage, make sure you have the best property solicitors in Seaham to help you – contact us today.

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