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A Guide To The Conveyancing Process - What You Need To Know


Once you’ve agreed on a purchase price and the buyer’s offer is accepted, the conveyancing process begins. It typically takes around 8-12 weeks, starting from the acceptance of the offer to the exchange of contracts, making the sale legally binding.

 

For Sellers:

 

  1. Instruct a conveyancer who will request the property’s title deeds, whether held by you or your mortgage lender.
  2. Review and approve the property information form outlining details for the draft contract.
  3. Your conveyancer will communicate with the buyer's solicitor, addressing any queries or concerns.
     

For Buyers:

 

  1. Your conveyancing solicitor works alongside the mortgage lender and determines Stamp Duty Land Tax obligations.
  2. They will conduct property searches which are investigations that are done to uncover important information about a property, including potential legal and environmental issues.
     

From Drafting Contracts to Completion:

 

  1. The conveyancer drafts a contract outlining sale particulars and conditions, agreed upon by both parties.
  2. Upon approval, contracts are exchanged and the buyer's deposit is transferred.
  3. On completion day, the buyer’s solicitor arranges the transfer of funds to finalise the purchase, with keys handed over to the new owner.

 

If you have any questions on the conveyancing process, please don’t hesitate to call us on 0345 603 0708.

 

If you’re looking for a choice of cheap, reliable conveyancing quotes from our trusted solicitors, please click here.

 

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A Guide To The Conveyancing Process - What You Need To Know

 

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