Land & Property Conveyancing
We aim to provide a comprehensive conveyancing service for people either buying, selling, re-mortgaging or transferring ownership as either home owners, investors or property developers. This guide provides a brief overview and answers many of the commonly asked questions about using the services of a licensed conveyancer to buy and sell property or land.
What is conveyancing?
Conveyancing is the process of legally transferring title or ownership of the property from one person to another.
What is a licensed conveyancer?
A licensed conveyancer is a specialist property lawyer qualified in all aspects of property law in England and Wales. A licensed conveyancer acts on behalf of either the buyer or seller, representing their interests in a property purchase or sale. The licensed conveyancer may also be instructed to act on behalf of your Lender if you are obtaining a mortgage.
What do licensed conveyancers do?
A licensed conveyancer will deal with all aspects of a property or land transaction ensuring that the terms and conditions of the contract or sale are fair and reasonable and that all the financial information is correct.
Typically, a licensed conveyancer will:
- Take instructions from you in relation to the sale, purchase or remortgage of land or property
- Conduct searches with local authorities, the Land Registry and others
- Advise you of costs incurred such as stamp duty, land tax and legal fees
- Draft contracts that set out the terms of the sale and approve , or possibly amend, contracts that set out the terms of the purchase or property or land
- Liaise with mortgage lender and financial institutions on your behalf and comply with Money Laundering Regulations by obtaining proof of identity and information regarding the source of your funds from you
- Check the title to the purchase property and advise you of any adverse or onerous covenants or conditions
- Raise relevant enquiries with the seller’s lawyer relating to your purchase and ensure responses are satisfactory
- Deal with any incoming enquiries from the buyer’s lawyers relating to your sale
- Deal with the exchange of contracts and completion formalities
- Register formally with Land Registry the transfer of the property into your name
- Discharge costs on your behalf such as stamp duty, land tax and estate agency fees and redeem your mortgage.
- In addition licensed conveyancers are Commissioners of Oaths and some may also offer additional services such as probate.
What is the difference between a licensed conveyancer and a solicitor?
By law, property conveyancing must be carried out by a licensed conveyancer,solicitor or chartered legal executive. Licensed conveyancers are regulated to practice in the fields of property law and, where applicable probate. Solicitors may also work in other areas of the law.