Speed Up Your Home Move With Conveyancing Expert

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When buying a new property, conveyancing is the legal process of transferring the property’s ownership from the seller to the buyer. People often ask if they can do this themselves to save on costs. Conveyancers are experts who have dealt with hundreds and thousands of property transactions and faced all types of queries and issues. Using a conveyancing solicitor will ultimately save time and money in the long run. Don’t forget a conveyancer works on your behalf so will be checking to make sure there are no nasty surprises in what is likely to be the biggest investment of your life.

How Conveyancers Speed Up a Sale

On average, one in three home sales doesn’t push through after an offer is made. While the reasons vary, some of them are attributed to delays in the conveyancing process. The problem lies in starting the time it takes to gather all the necessary documents, which could take anything from days to weeks. Your conveyancer might chase you and ask you to complete the forms quickly to speed things up. Some work cannot be undertaken until these documents are complete. 

How Conveyancing Solicitors Work

The steps that conveyancing solicitors take in shaving time off your conveyancing process are as follows:

Formalities

The solicitor will take care of verifications such as IDs and anti money laundering checks. 

Property Information Forms

After the solicitor finishes initial work from their end, you’ll need to accomplish many property forms, such as the TA6 Property information form, the TA10 fixtures and fittings form, and the TA7 Leasehold information form. The last one only applies if you’re selling a leasehold property.

Collecting the Documents

After the Property Information forms are done, supporting documents mentioned in the TA forms need to be gathered. Some of them include planning consents, electrical certificates, insurance documents, and building regulations approvals. As mentioned earlier, getting them all at the ready will hasten the conveyancing process.

Finding Leasehold Documents

If you’re selling a leasehold property, the solicitor can apply to your landlord or freeholder to obtain the management information pack. Getting this information from managing agents can possibly take weeks or even months. 

If you apply for this up-front or you may already have some of the required information and documents. Your solicitor will also review the lease and the leasehold title as a precautionary measure for any legal inquiries from the buyer’s solicitor.

Legalities

Once the offer is accepted and the drafted contract, completed forms, and other documents are complete, they can be immediately given to the buyer’s solicitor. Because your solicitor has reviewed the legalities, they can present solutions alongside possible problems, both of which can affect how long the process will take.

It’s also worth noting that no progress can be made on the sale until the buyer’s solicitor receives the required paperwork. In other words, gathering every single piece of document from your end is necessary if you want to push through with the sale.

Conclusion

A seller alone can do a fair share of the legal work involved in conveyancing, but they would still need the help of a conveyancer to move things along. If you have a conveyancer do the legal work for you, then the sale will be guaranteed since they take care of everything.

Conveyancing Expert has conveyancers in Manchester that can help you with your conveyancing needs. We offer various conveyancing services, be it for sales, purchases, equity transfers, or remortgages. Contact us to get started!

2,115 thoughts on “Speed Up Your Home Move With Conveyancing Expert”

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