Buying or selling a home in the UK takes a lot of work. Managing all by yourself can be overwhelming, especially when it’s about your dream home.
There are a lot of legalities involved at regular intervals. One of them is the process of conveyancing.
If you are looking to purchase or sell a property in the country, it is essential to understand the importance of conveyancing. Hiring a licensed solicitor can solve your problems of understanding the legal process involved in property transfer.
However, it is essential to know the areas of conveyancing where a solicitor can assist you when purchasing, selling, or leasing a property in the UK.
In this article, I have listed the essential services you can get by hiring a licensed conveyancing solicitor.
Let’s begin!
What is Conveyancing in the UK?
Conveyancing is an essential part of the law in the UK, which involves legal issues relating to property sales and purchases. It involves all the laws relating to the ownership of any property. It starts from the time of offer acceptance to the completion of the property sale.
The key parties involved in the conveyancing process include the buyer, seller, and solicitor.
More help:
- What is conveyancing?
- Property conveyancing guide
- What searches do conveyancers do?
- What is an environmental search in conveyancing?
- What is a local search in conveyancing?
- What is no sale no fee conveyancing?
What is a Licensed Conveyancing Solicitor?
Licensed conveyancing solicitors have their certification from the “Council of Licensed Conveyors” to practice and handle various legal services related to property purchase and sale on behalf of the land buyer or seller.
Top Services Offered by a Conveyancing Solicitor
Here are the essential services offered by a solicitor who deals with property documentation:
1- Draft Deeds and Contract
It is the duty of a conveyancing solicitor to create and draft all the essential details of a property purchase or sale.
Since the buyer and sellers are unaware of the legalities and technicalities involved in the process of transferring ownership of a property, a solicitor does the work of finding and curating all the essential acts and sections related to different kinds of property dealings, including business property purchase, mortgage, residential property purchase, and lease.
Also See:
- What are conveyancing deeds?
- What is staircasing in conveyancing?
- What is residential conveyancing?
- What is a licensed conveyancer?
- What searches do conveyancers do?
- What is an environmental search in conveyancing?
Based on the information you provide and the deed you require for your property dealing, a conveyancing solicitor drafts your deed and contract for further proceedings.
2- Handle Contract
Besides drafting your contracts and deeds, a licensed conveyancing solicitor offers another key service to manage and handle the proceedings of the conditions and terms listed in the contract.
Handling involves everything from property transfers to mortgaging to conducting the actual sale on behalf of the primary parties.
3- Offer Legal Advice
A licensed solicitor makes your work easier by being educated on various property-related legal sections. They use their experience and expertise to provide you with the best legal advice, which helps you make informed and profitable decisions for your property dealings.
Find local residential conveyancers in your area:
- Best residential conveyancing services in Oldham
- Top residential property conveyancers in Reading
- Licensed property lawyers in Essex
- Best conveyancing lawyers in Stoke on Trent
- Top-rated conveyancers in Nottingham
- Property conveyancers in Royal Tunbridge Wells
- Conveyancing property lawyers in Winchester
4- Assist in Land Registry
The land registry acts as proof of the transfer of ownership of the property. A solicitor makes the procedure to acquire a land registry easy. They are responsible for verifying the property parties and elements involved in the dealings.
A conveyancing solicitor handles all the essential and required checks in a land registry.
5- Helps in Transferring Money
A licensed conveyancing solicitor manages finances related to your property purchase. After a property deal is sealed, a solicitor helps lock in a date for making payments and money transfers at regular intervals of the property sale.
They also remind both the property purchase parties involved about the important dates related to paperwork and money work of the property.
Also See:
- What is the conveyancing process?
- Transfer of equity: Home conveyancing guide
- Documents required for conveyance deed
- What is a home buyer report? Level 2 survey
What Are You Missing Out On If You Do Not Hire A Licensed Conveyancing Solicitor in the UK?
Here are the top advantages of hiring a licensed conveyancing solicitor:
- Saves your time and energy spent researching various property-related legal issues and solutions.
- Manages all the paperwork related to property buying, saving you from a tiresome job.
- Assess all the legal issues related to the property about to be sold or bought.
- Inspects all the necessary information related to the property, including the marketing conditions, prices, and maintenance.
- Saves you from purchasing or selling properties at higher or lower rates, respectively.
- Educates you about the changing legislations and laws related to transferring ownership or leasing property.
How to Find a Good Licensed Conveyancing Solicitor?
Here is how you can find a good licensed conveyancing solicitor for your property purchase or sale:
Get recommendations: It is always a good option to ask for good solicitor options from your friends, families, and colleagues who have taken conveyancing services from any solicitor for their property purchases. Check their experiences, conveyancing process, requirements of conveyancing, and time period.
Also See:
- Find cheap conveyancing solicitors
- How long are conveyancing searches valid?
- What’s the difference between leasehold and freehold?
- What is DIY conveyancing?
- House buying solicitors
- Solicitor costs for house buying
- House conveyancing
Search online: It is always a good option to search for conveyancing solicitors on search engines, social media channels, and local directories. Check conveyancing solicitor agencies or individuals ranking on top results of these platforms. Research their reviews, comments, and feedback well, then choose them.
Watch out for their fees: Budget is also essential when looking for conveyancing solicitors for your property purchase. Shortlist top licensed conveyancing solicitors who are offering the essential services you need. Compare their prices, keeping your budget in mind. Remember not to exceed the average conveyancing fees in the UK, which cost around £500 to more than £1,600. Choose online platforms like Compare My Move and Conveyancing Index to review the prices of your shortlisted solicitors.
Check their license: It is essential for a conveyancing solicitor to hold a license from the Solicitors Regulation Authority (SRA), the Council of Licensed Conveyancers (CLC), or are registered with the Law Society. It ensures that the solicitor you choose is credible and trustworthy enough for your property purchases’ conveyancing process.
Evaluate their past performance: Before choosing a licensed conveyancing solicitor, connect with their past clients and get reviews of their services. Check for online reviews, website testimonials, and Google comments to see what services the particular solicitor provides and how they behave with their clients.
Also See:
- Difference between licensed conveyancers and solicitors
- Why is choosing the right conveyancer important?
- Process of appointing a conveyancing solicitor
- How to choose the right conveyancing solicitor?
- Do you need a conveyancer for buying a house?
- Finding the best conveyancer
Conclusion
An overview of the services provided by a licensed conveyancing solicitor helps you hire one for your property sale, purchase, or lease.
Consider hiring one so that your overall conveyancing process can speed up. Additionally, a solicitor will offer insights on the ongoing trends in the legal arena of property to make you aware of making informed decisions.
