Instructing a Conveyancer for Selling Your Property

Posted on by convey_admin

When selling a home, you need to deal with a lot of legal stuff, especially when it comes to transferring ownership of the home. Conveyancing is the legal transfer and often takes a min of 12 weeks before the deal becomes legally binding. To help you understand what happens during conveyancing, we’ve created a simple guide for sellers.

Instruct a Conveyancer

The first thing you should do is contact a licensed conveyancer to help you with all the legal work. And finding the right conveyancer is crucial. 

Of course, you should only pick a credible and reliable firm, as they will also be responsible for all other legal work surrounding your property. So, going with just the cheapest option may not always be the best decision for you. 

A fixed-fee service should be considered since it guarantees that you will only be paying the amount quoted at the start. Sometimes some costs need to be added due to information that comes to light during the course of time, these will be added to any fixed fee quote you receive. 

Read the Contract and Fill Out Forms

While the conveyancer will be doing the bulk of the legal work, you still need to fill out some relevant forms. After checking all the paperwork you’ve provided, the conveyancer will then start drafting the contract for your sale. You should go over this contract thoroughly and ask for clarifications from your conveyancer when you encounter something you don’t understand. 

Answer Buyer Questions

During conveyancing, the buyer may have a few questions regarding your property. It is your responsibility to answer their questions clearly and honestly. The buyer may try to renegotiate if any additional information comes to light. 

Exchange Contracts

Once the negotiations are done, you will then exchange contracts with the buyer. These contracts will legally bind you to the purchase. 

After the exchange, there is often a two-week period before the completion dates. This can be increased or decreased if necessary. 

Completion

On the completion date, the buyer will pay the conveyancer the final balance for the home purchase. Completion often occurs on a Friday which many people like because they have a full weekend to move in. 

Final Thoughts

Conveyancing can be overwhelming, especially if you’re not really familiar with all the legal work. But you don’t have to handle it all on your own. By hiring a reliable and credible conveyancer, you can have a smoother and less stressful selling experience.

Sell your home with the help of Conveyancing Expert. We are a licensed conveyancer in Manchester delivering excellent and efficient service to ensure your property transaction is completed with expert legal advice and service. Get a quote now!

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