Conveyancing is very time consuming and complex, so you will need to employ either a solicitor or a licensed conveyancer to do it for you.
Here are our top tips on choosing and using a conveyancer…
Get at least three conveyancers’ quotes. Ask friends, family and your estate agent for recommendations
Tell your conveyancer if you want answers to any specific questions in advance
Let them know when you would like to exchange contracts and complete. Tell them you will require regular updates of how the sale is progressing
Try to negotiate a no sale – no fee deal, so if the deal falls through you don’t pay anything
Check and compare quotes carefully making sure they are like for like.
Once you have appointed a conveyancer, you will need to…
Give them some basic information to get started such as your mortgage roll number – so they can check you own the property and proof of your ID
Complete a detailed questionnaire on the property, covering things like who owns the boundaries and whether you have had any disputes with neighbours. It is a legal requirement to answer truthfully
Complete a form showing what fixtures and fittings are included in the sale
Answer conveyancing queries as soon as you can. Use registered post or deliver documents by hand.
Exchange of Contracts
In England and Wales, Exchange of Contracts is the last stage of the legal process after which a buyer cannot pull out (without losing their deposit).
A date for completion is usually set for at least two weeks after the exchange date, giving you time to arrange removals. Your conveyancer will call your agent to tell them when the buyer’s money has arrived so they can give the keys to the new owner.
Check the conveyancer’s completion statement carefully – it should reflect the original quotation!
If you would like some assistance to find your perfect property/sell or let your property please contact Right Estate Agents on 0845 026 8527 or visit our website.