The process of transferring a property from the seller to the buyer is referred to as the conveyancing process.
There are various factors that come into play during this phase, as well as certain tasks that will need to be seen to.
This is after all a legal process, and you need to make sure that everything is being done according to the law so as to avoid any problems later on.
Therefore the service of a conveyancing solicitor is of the essence.
In the UK, a conveyancer is a qualified solicitor who has specialised in the field of real estate transfers in his or her practice.
The conveyancing solicitor will be handling the conveyancing process on your behalf, and so thanks to their expertise you would not need to worry about any of the technicalities and intricacies related to this legal process.
The conveyancing solicitor will be handling the legal as well as the financial matters that revolve around this phase.
For instance, there will be the title transfer to see to, as well as the settlement of obligations relating to the transactions.
The conveyancing solicitor will also be overseeing that throughout this process the client’s rights are being duly safeguarded.
The property may require an in-depth survey to ensure no issues are present with the property structures and fabrications.
For example, with older buildings built in the 20th century, the use of hazardous materials in the structures was quite common.
So a specialist asbestos survey may need to be carried out to check for any materials present.
Needless to say there are going to be instances where one of the parties does not keep their original promise, or there could be certain negotiations.
Therefore having a conveyancing solicitor to assist you is of great help to avoid any problems or complications.
It is important to point out that, unlike what most people think, conveyancing is not just a single and straightforward transaction so that the property passes from the seller to the buyer.
There are several parties involved in reality, including the banks who could be lending to both the seller and the buyer, the insurers, any agents, tenants, and the local authorities who may come into play.
So, with all of these individuals or entities to handle, the transaction becomes more complicated and complex, and a conveyancing solicitor will be basically overseeing all of this and make your life much simpler.
Therefore getting the right conveyancing solicitor’s service is very important, and one should seek such assistance as soon as the decision to buy a property, or to sell has been made.
The conveyancing solicitor will be ensuring that the ownership of the property is seen to properly from start to finish, and this includes the registration of the said property into the buyer’s name via a title document.
This is a critical legal process which guarantees that the lawful ownership of the property in question is being obtained, and there will need to be a deed of transfer drawn up, as well as registered, every time a property is sold.
Thus the role of a conveyancing solicitor is not only of importance, but also of peace of mind to a client, who may rest assured that everything is being handled well, and as much as possible, without delays and complications.
The conveyancing solicitor will be dealing with the various parties involved in the sale of the property, see to the documentation, signatures and any other aspects which will be central in the completion of this important transaction to execute it fully and lawfully.