When you are buying or selling a home you will need to use a professional property lawyer to manage the legal transfer of property ownership from one person to another, this is known as conveyancing. As soon as you have confirmation that your offer has been accepted, you will need a conveyancer to get started on the legal work that is involved in transferring ownership of the property.
Thomas Morris Conveyancing
We can do your conveyancing for you. We work closely as a team with Estate Agents, Financial Advisers, Mortgage Lenders and any other Conveyancers involved in your sale or purchase to ensure a satisfactory and speedy conclusion. Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move as stress-free and straightforward as possible.
The conveyancing process begins once an offer has been accepted on a property. How long this takes varies from case to case, and there’s no definitive answer as to how long it will take when you decide to move. There are several key stages that need to take place.
You’re in the pre-contract stage as soon as you submit your offer. However nothing can start until both parties instruct a conveyancer, so the quicker you know who you'll using the quicker you can get moving.
It's useful to research conveyancing companies and costs as soon as possible as finding one after the offer could add another few weeks on to the sales process.
A draft contract will be written with information from a range of parties including the land registry, the seller and their conveyancer. You can expect it to take a week or so for the contracts to be issued to your lawyer, and a further couple of weeks for the sellers’ conveyancer to answer all the questions your lawyer will raise.
Whichever level of survey you’re getting on the house itself, you need to check the property’s condition as well as the local and legal searches your conveyancer will carry out.
As issues can arise from your searches and surveys, this stage can take anywhere between two and ten weeks.
Your conveyancer will exchange contracts with the other party’s conveyancer, which legally binds you to completing the transaction. This also allows you to set a completion date – which could be anything from a few days to several weeks away.
On your completion day, the conveyancers will organise the transfer of all the funds between the parties. The seller will usually need to have vacated the property by about lunchtime, with the buyer able to pick up the keys to their new home by 2pm.