When you plan to buy property, you will have to go through a conveyancing process. Conveyancing is all about moving the official ownership of the property to a new owner. The new owner can be a business or an individual.
When buying or selling property, there are a lot of legal formalities and documents that you are required to fill out. In this case, you should hire a competent and experienced conveyancing solicitor to help you with the conveyancing process.
Who is a conveyancer?
A conveyancer is an accredited and licensed professional who provides advice and information about the transfer of property ownership. He or she assists property buyers and sellers in the conveyancing process.
A conveyancing solicitor will organize the appropriate documentation which is required for settlement. He is also in charge of communicating with both buyer and seller and providing advice where required.
Today, there is an increasing demand for online conveyancing, with more resources being available on the internet. Most people resort to conveying on their own. This, in most cases, results in issues that may cost a lot.
Therefore, if you’re buying or selling property in the UK, it is advisable that you seek assistance from an accredited and licensed conveyancing solicitor.
Why you need a conveyancer
Not everyone needs the help of a conveyancer when buying property. If you have the property market skills and knowledge, you can manage the conveyancing process alone to completion.
However, not everyone has the skills and required expertise to go through the conveyancing process alone.
The legalities of transferring property ownership are a bit complex, and that is why you need the help of a property conveyancer.
1 – You are a first-time buyer
You need a conveyancer to stand by your side if you’re buying a home for the first time. Before making your first offer for a home, you must engage a conveyancer in the process.
This way, you can access timely advice on the contract, which will help you make an informed decision on whether you should proceed with the purchase.
A licensed conveyancer can help you in many ways, including the following:
– Organizing survey to ensure all property boundaries are well presented
– Arranging for building inspection
– Preparing to examine the contract of sale
– Perform all searches by the Land Registry to ensure all issues are sorted out before buying the property.
– Paying the stamp duty, deposit, and other property ownership transfer costs.
2- Help with the legal aspect of transactions
There are many legal formalities required when you are buying or selling property. Property conveyancing solicitors can handle all the legal aspects of the property transaction on your behalf.
A conveyancer has a wealth of experience and enough knowledge to draw upon. They can help in identifying any potential issues before they arise. You can partner with leading UK conveyancers such as AVRillo that are ranked as the top conveyancing solicitors in Oxford, UK.
Some of these issues include paperwork not appropriately registered, fraud issues, and issues relating to a boundary.
When buying property for the first time, you must get a conveyancer you trust to take you through the process. If you don’t have a conveyancer in place, you can talk to your real estate agent to connect with a conveyancer they have worked with before.
Also, when buying a home on a mortgage, you want to find out if the conveyancer you are using has been listed with the lender. This way, you can have peace of mind when buying property.
There are many reasons you need a conveyancer when buying property, and the most important one is to have peace of mind throughout the process.