House Conveyancing

Conveyancing is the legal term for the transferring of ownership of a property. Whether you are a home buyer, seller or just looking to remortgage with a different lender, you will need to know how it works. Although it is possible to do it yourself, the process of conveyancing can be very complicated. First-time buyers especially, will need help with conveyancing, as it incorporates searches on the property, investigation; assessment of draft contracts, exchange of contracts, completion and post-completion paperwork.

Conveyancing may be best left to the professionals; either a solicitor or a licensed conveyancer - someone qualified specifically to do this kind of legal work. Solicitors and conveyancers structure their charges in different ways - some charge a fixed fee while others charge a percentage of the property value.

On top of fees are set costs known as disbursements. This term covers everything else your conveyancer will charge you for, such as transferring the money from your lender to the account of the person selling their home, VAT, postage and any other costs incurred in carrying out the work.

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