Residential conveyancing is the legal process of buying or selling a residential property. It involves transferring the legal ownership of a property from one owner to another, and is usually carried out by a conveyancing solicitor or a licensed conveyancer. For help from Conveyancing Solicitors Cheltenham, visit Dee and Griffin
Do You Need a Conveyancer?
The law allows you to do your own conveyancing, but most people use a professional, as the process involves legal checks, contracts and deadlines that are easy to get wrong. If you are buying with a mortgage, your lender will normally require a solicitor or licensed conveyancer to act for them as well.
What a Conveyancer Does
A conveyancer checks the legal title to the property, carries out searches with the local authority and other bodies, raises enquiries with the other side, reviews the contract, handles the exchange of contracts and completion, transfers the money and registers the new owner with HM Land Registry. For buyers in England, they will also deal with Stamp Duty Land Tax.
Choosing the Right Conveyancer
Conveyancers can be solicitors or licensed conveyancers, and both are regulated. It is worth choosing an experienced firm, comparing quotes and checking reviews, as a good conveyancer can help keep your sale or purchase on track and spot problems early.