Read the video transcript for what is a conveyancer and what does a conveyancer do.
Conveyancing is the legal process of transferring ownership of a property from one person to another.
Conveyancers are lawyers that specialise in the legal side of moving home.
Your conveyancer will help guide you through the process; complete ID checks, check the house title.
For purchases, they will organise the required searches for the property, such as environmental and drainage. The local checks will flag up any potential issues with the property or land and are required by the mortgage provider.
For sales, they will provide the correct firms you will need to complete.
They’ll work with the other party’s conveyancer to progress the transaction
Make enquiries on your behalf and iron out any issues.
If you’re purchasing with a mortgage, they’ll check the mortgage offer and deal with any special conditions.
For sales with a mortgage, they will conduct work with your lender, which includes getting a redemption statement.
They’ll arrange dates for exchange of contracts and completion, prepare a financial statement so you know what funds you need for both parts and transfer funds for the stamp duty, if required.
Finally, they’ll register change of ownership with the land registry, if you’re selling this will be taken care of by the buyer’s conveyancer.
This might all sound complicated, but a good conveyancer will strip out the legal jargon and help make the process as simple as possible.