Conveyancing is the legal term for transferring ownership of a property from one person to another. The process is handled by your conveyancer or solicitor who will take care of all the legal tasks associated with selling or buying a property.
When acting on behalf of a seller, a conveyancer will look after drafting the sale contract. Various modifications are likely to be made to the contract, and your conveyancer’s role will include tasks such as: negotiating which fixtures and fittings will be included in the sales price, or resolving any issues raised after the buyer completes a survey of the property.
The conveyancer will also manage the collection and transfer of funds. There are a lot of moving parts when it comes to selling a home. Mortgages, loans, and outstanding bills are all part of the process. Your chosen legal representative is responsible for looking after money matters from start to finish.
How long does conveyancing take?
On average the conveyancing process takes 2-3 months to complete. However, this can change depending on factors such as where your property is located and whether your buyer needs to arrange a mortgage.
To avoid delays, choose a conveyancing professional with a good reputation for communication and personal service. It’s usually a good idea to appoint a legal professional at around the same time as you choose your estate agent.