Conveyancing (Sale & Purchase)
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Use Plentific to compare prices of the best local conveyancers in your area. Conveyancers are required to oversee the process of buying, selling or remortgaging your home, they ensure the legal requirements are met and are responsible for progression the sale to completion.
Conveyancers act as trusted advisors and consultants through complicated legal processes and so it’s important to research their background and expertise as well as meeting them to assess their suitability.
What do you need to know about sale/purchase conveyancing?
Your local conveyancer’s job is to transfer the legal title of a property from one person to another. When selling a property, the first step is for the conveyancer to be instructed, whereby they confirm business and fixed fee cost instructions in writing. Next, the conveyancer carries out proof of identity and property checks and documentation for the client to complete.
Your local conveyancer must then obtain title deeds and land registry documentation regarding any existing mortgage. They then draft the contract to send to the buyer’s conveyancer and from this point onwards it is the dialogue between conveyancers regarding any pre-contract queries. Once these matters are settled, your local conveyancer will be checking transfer deeds and preparing the seller for completion. This includes agreeing a date to vacate the property and deadline for contract signature. Your local conveyencer then coordinate the payment into the seller’s bank account as well as the estate agents fees.
How much does sale/purchase conveyancing cost?
Legal fees can be expensive, so you should use Plentific to compare the best prices for your local conveyancers. Also ensure that you have an understanding of how the fee rates work, for example at some firms you would not be charged if the property sale fell through and at others you would.
The pricing structure also differs because some conveyancers will charge by the hour on some matters and others will charge you a flat rate. It’s also worth researching whether they charge for an initial consultation, as some will include this in their invoice.
Plentific recommends that you speak to at least three local conveyancers to receive quotes in order to find the best professional for your home services.