For conveyancing we act as introducers only.
Conveyancing is the process of transferring ownership of (or title to) a property from one owner to another. You normally need to appoint a conveyancer when you buy or sell a property or apply for a mortgage or remortgage. Sometimes a lender may include a “free” legal service as part of a remortgage for example.
When choosing a solicitor or licensed conveyancer you need to understand the costs and charges involved before you instruct them to act on your behalf. Some solicitors will charge a fixed fee, others by the work involved. Some will provide guarantees such as “no move no fee” so you're not faced with a huge bill if the transaction falls through
If you are buying a property the conveyancer will:
- Check the sellers contract & carry out searches such as local authority searches
- Check the information provided by the seller
- Arrange for you to sign the contract and Mortgage Deed
- Check your mortgage offer and deal with any special conditions
- Exchange contracts with the seller
- Prepare the Transfer Deed and file the Stamp Duty Land transaction form
- Complete the purchase by transferring money to the sellers solicitors
- Send the Certificate of title to the lender.
- Register everything in your name.
A good conveyancer will help you understand the conveyancing process and guide you through it step by step. We have a range of reputable conveyancers who we can recommend upon request.
The FCA does not regulate conveyancing.
Your property may be repossessed if you do not keep up repayments on your mortgage.