What does a Conveyancer do? When the time comes for you to buy or sell a property, there are many different elements to the transaction that are required to make it happen. Some of these things will require expert, additional help and you will need to employ the services of a specialist. Whether it’s an estate agent, a solicitor, a surveyor or a removals company, finding someone who takes away any part of the stress of moving house can be one of the best things that you can do. The role of an estate agent or a removals firm is fairly straightforward, however, a conveyancer has many different aspects, including some critical tasks that happen behind the scenes.
Whether you are buying or selling a property, you will need a conveyancer, to ensure that the transaction is successfully completed from a legal point of view. This will include a number of detailed elements, like what is included with the sale of the property, carrying out the required local searches and liaising with the other parties involved. Overall it is about keeping the whole process moving and making it as smooth as possible for you.
If you are selling a property then it will start with a sale instruction form, the purchaser requesting your property’s title deeds, they’ll also send you a detailed property information form to check and approve. Initially they will also usually act as a go-between for any questions and information from the buyer about your home.
As a buyer, a conveyancer will work with your mortgage lender, assess if you need to pay stamp duty and liaise with the vendor’s legal support on the details, such as coordinating local searches.
As you may be aware, submitting and accepting an offer does not make it legally binding, it is only at the point of exchanging contracts this becomes the case. Your conveyancer will draft a contract which details the particulars of the sale, the conditions of the sale and the completion date. Once the buyer’s conveyancer has approved the draft contract the official contract will be drawn up and be signed by the required parties. At this stage the buyer’s deposit will be transferred too.
When the completion date comes around, the outstanding amount will be transferred to the seller’s solicitor and the official handover of the property will take place.
A good conveyancer will ensure every step is as successful as possible, they will anticipate the common challenges both buyers and sellers experience, and work to minimise delays to your property transaction. Conveyancers also have the best interest of their client in mind, they will ensure that you are protected while maintaining the primary goal of a successful property transaction.