If you are buying or selling property, then you are probably aware of the number of hoops that you are likely to be made to jump through. There are many things that you need to take into consideration, including complicated legal processes and regulations which must be followed.
This can sometimes seem like an expensive process and there can be a temptation to avoid some of it or to try to cut corners, but this may ultimately lead to delays, costs, and disaster.
That is where a conveyancing solicitor comes in. Their support and professional services can help to make the sale or purchase of your property much smoother and more successful. Read this blog to learn why.
What is conveyancing?
Conveyancing actually refers to the legal transfer of property ownership from one person or another when a property is sold. This not only involves changing the official owner of the property but also the person who is now legally responsible for it. Without this, the process of buying or selling a property cannot be completed.
A conveyancing solicitor will specialise in this process and will be in the best position to help you and to ensure that the sale goes through without a hitch. They will work with you during the sale of a property, making sure all legal aspects are completed.
Advantages of having a conveyancing solicitor
One of the biggest reasons for hiring a conveyancing solicitor is to ensure that all legal processes involved in the sale of a property have been met. Conveyancing solicitors are aware of exactly what the requirements will be and can guide you through each stage with an expert eye. They will ensure that everything has been submitted correctly and that anything that has been requested has been supplied.
Conveyancing solicitors are probably best known for conducting the searches on a property. The results will influence decisions on whether a sale goes through, as they can reveal issues around the drainage, planning permission, or possible subsidence, amongst other things.
Conveyancing documents are often lengthy and almost certainly complicated, and so they will usually need the expert eye of a conveyancing solicitor to translate whether there is anything hidden amongst them that you really need to be concerned about.
If anything is flagged up as a potential problem, your solicitor will be able to advise you on where you stand and what action you can take.
Dealing with the different parties involved in a property sale or purchase can bring its own set of headaches, which is why a conveyancing solicitor can be vital. They will know who to contact for each stage of the process, when things need to be chased, and how to get the best responses, meaning that there is a lot less for you to do and worry about.
Whilst you might feel comfortable dealing with some aspects of a property sale or purchase, there are certain aspects that generally only solicitors can perform, particularly if you are taking out a mortgage, as your mortgage company is likely to insist on a solicitor’s involvement.
A property is probably the biggest asset that most of us will ever own, so you need to make sure that whether you are selling or buying, you are doing so the right way. A conveyancing solicitor can make sure you avoid any expensive issues and legal loopholes that could cause you significant problems further down the line. They can save you time as well as money during a stressful sale, making them an essential part of the process that you cannot do without.
For more information on selling a property, read What to consider when selling your home, Transferring property and Transferring property in Scotland. Ask a lawyer if you have any questions. You can find a conveyancing solicitor using the Law Society directory.