what is conveyancing?

conveyancing is the legal process of transferring property ownership from one person to another. it's a crucial part of buying or selling a home, ensuring that all legal requirements are met and that the property changes hands properly.

the conveyancing process

the conveyancing process typically begins after an offer on a property has been accepted and continues until the keys are handed over. here's what it involves:

1. pre-contract stage: your conveyancer conducts preliminary checks, reviews the draft contract, and raises enquiries with the seller's solicitor.
2. searches: various searches are conducted to uncover any issues that might affect the property, such as planning permissions, flood risks, or environmental concerns.
3. contract exchange: once all checks are complete and you're satisfied with the property, contracts are exchanged. at this point, the agreement becomes legally binding.
4. completion: this is the final stage where funds are transferred, and ownership of the property legally passes to you. you'll receive the keys and can move in.

who handles conveyancing?

conveyancing can be handled by:

• conveyancing solicitors: qualified lawyers who specialize in property law.
• licensed conveyancers: professionals who are specifically trained in property law but aren't solicitors.
• online conveyancing services: digital platforms (like propi) that combine legal expertise with technology to streamline the process.

why is conveyancing important?

proper conveyancing ensures that:

• you legally own the property you're buying
• there are no hidden issues that could affect the property's value or your enjoyment of it
• all necessary legal documents are correctly prepared and filed
• any mortgage arrangements are properly set up
• all relevant taxes (like stamp duty) are correctly calculated and paid