After a rollercoaster of checking and inspections, you finally find your dream property. It’s close to the school your kids attend, comes with a pleasant neighbourhood, and fits within your budget.
Now here comes all the bunch of paperwork!
If you are a first-time buyer or property investor, we bet you might not have heard of ‘conveyancing’ before!
In fact, ‘unconditional, settlement, and ‘cooling-off period’ are important terms you may not be overly familiar with.
Whether you are buying or selling a property, the settlement process for conveyancing is a tedious procedure that includes several financial and administrative duties.
It is not a legal requirement, but for a reasonable cost, you can have a Conveyancing Solicitor act on your behalf, giving you more time to give more attention to moving with your family.
Transferring property to a new owner or entity involves various paperwork, and a conveyancing transaction typically consists of three stages:
A conveyancer looks after the whole settlement process, making sure the clients are prepared for critical timelines during the procedure.
As far as one can tell, conveyancing transactions might appear very straightforward. Still, in most cases, many home buyers and sellers do not fully realise the full amount of technicality, documentation, and work that goes into legally transferring a property to a new owner.
For first-time to seasoned property investors who haven’t had much experience navigating this area of law, it could take weeks (and sometimes months) to find and lodge legal documents, let alone understand them.
Buying a property is a daunting task. The overall transaction can involve a lot of time and money to coordinate, especially when setbacks and challenges emanate along the way.
Conveyancing requires enough effort and time to analyse, review, and finalise all the paperwork involved in the process. It usually incorporates transactions between you and vendors, real estate agents, mortgage brokers, building inspectors, banks, and government agencies.
For the most part, you’ll also be pressured to have a grasp of all the financial and legal documentation revolving around the process.
That is why it will be in your best interest to get a professional conveyancing solicitor in the UK rather than attempting to do it yourself.
Our team of friendly conveyancing solicitors in the UK will help you save hours of legal and paperwork. We liaise with building inspectors and real estate agents, take care of legal documents for government agencies and negotiate settlements with the seller, all on your behalf.
We also ensure you avoid any financial loss since the process’s complexity will have higher risks of costly and unwanted complications.
Leave everything to us while you focus on your moving. You never have to worry about legal documents or critical parts of transactions, as our friendly conveyancing solicitors will take care of the financial aspects, such as liaising with lenders and other entities in calculating settlement adjustments.
Thinking about buying or selling a property but worried about the series of paperwork?
Get in touch with DV Solicitors to get a free assessment.
We will be with you from start to finish.
Leave a Reply