242015Aug

The Top 5 Questions to ask about the Conveyancing Process

The conveyancing process – the legal act of buying or selling property – can, to the uninitiated and inexperienced, feel like a rollercoaster of a ride, full of mysterious highs and lows. On one hand, nothing seems to happen for weeks and then, all of a sudden, there is a flurry of activity.

Just when you think everybody has forgotten about you, with great cheer the keys land in your lap and you have the slow realisation that you have just bought a property. And so, with this is mind, Online Conveyancing Quote are determined to make the process more transparent and the client more aware of each stage thus, we answer five questions about the conveyancing process.

conveyancing documentation

        I.            What do conveyancing solicitors or conveyancers do?

It is their job to deal with all the legal aspects on buying and selling property or land, and there are several key responsibilities;

·         Local searches – these are important because they can reveal aspects that could affect the value and enjoyment of your future home, such as proposed developments in the immediate area.

·         Land charges search – this looks at any restrictions that may be in place that would affect the development of a property as well as any preservation orders etc. too

·         Land registry – these are the legal documents that prove ownership

·         Stamp duty – this is the tax that is paid on the purchase of a property over £125,000

·         Mortgage deeds – this is the official contract for property ownership and your conveyancing team are also responsible for drawing up this contract

      II.            How long does the conveyancing process take?

This is a common question with the standard answer being ‘anything from eight weeks onwards…’ There can be many delays and setbacks in the process.  The conveyancing process to a certain extent, relies on local authorities returning searches in good time and other agencies and so on, also responding quickly. Delays can occur when either the seller or buyer also don’t respond quickly to requests for information.

    III.            How much does conveyancing cost?

Fees and costs can vary and so it pays to get at least three quotes from different firms and solicitors. There are many firms who now offer their services online, which can significantly decrease costs. They also work on a team basis on your case, and also work longer shifts too so that documents can be prepared quicker, hopefully helping to move the process on quickly.

Beware of deals online, however, that seem a little too cheap.

    IV.            Can I not do the conveyancing myself?

There are four reasons why home buyers take on the mantel of conveyancing themselves;

         i.            Some lenders insist on buyers hiring conveyancers for the purchase

       ii.            There is a much higher risk of something going wrong as the process in some instances can be complex

      iii.            If the conveyancing process is not done correctly, it could lead to costly legal disputes that you may find yourself responsible for

     iv.            The vendor may not be happy with you completing your own conveyancing and could reject your offer as a result.

       v.            What questions should I ask my conveyancing team?

Every question that you can think of, your conveyancing team will have the answer! However, finding the right people to help with your conveyancing can be difficult.

Many high street solicitors offer a conveyancing service and you may also see conveyancing firms. Although it is a legal process, it is possible for individuals to train specifically in the act of conveyancing. This means that they offer this service to buyers and sellers (but not at the same time!) and can be a minefield of useful information and advice.  As they only deal in conveyancing matters, they have all the knowledge and experience needed. There are times too when their services can be cheaper than a solicitors.

Online conveyancers are also revolutionising the market, making the process of conveyancing far more transparent and, in many cases, slightly faster too. You can monitor progress of your purchase online too, and when documents need returning or information needed, it can often be submitted online too.

Online conveyancing – a note of caution

The internet has revolutionised many sectors of industry, including the purchase and sale of property and land. Like many businesses, online conveyancers can use marketing to hook potential customers. For example, one price conveyancing packages that seem too good to be true – because they are!


Check what is and what is not included in any quotation from a solicitor or conveyancer, whether on the high street or online.

The conveyancing process – the legal act of buying or selling property – can, to the uninitiated and inexperienced, feel like a rollercoaster of a ride, full of mysterious highs and lows. On one hand, nothing seems to happen for weeks and then, all of a sudden, there is a flurry of activity.

https://farm7.staticflickr.com/6159/6140792529_12080b11d7_o_d.jpg Just when you think everybody has forgotten about you, with great cheer the keys land in your lap and you have the slow realisation that you have just bought a property. And so, with this is mind, Online Conveyancing Quote are determined to make the process more transparent and the client more aware of each stage thus, we answer five questions about the conveyancing process.

        I.            What do conveyancing solicitors or conveyancers do?

It is their job to deal with all the legal aspects on buying and selling property or land, and there are several key responsibilities;

·         Local searches – these are important because they can reveal aspects that could affect the value and enjoyment of your future home, such as proposed developments in the immediate area.

·         Land charges search – this looks at any restrictions that may be in place that would affect the development of a property as well as any preservation orders etc. too

·         Land registry – these are the legal documents that prove ownership

·         Stamp duty – this is the tax that is paid on the purchase of a property over £125,000

·         Mortgage deeds – this is the official contract for property ownership and your conveyancing team are also responsible for drawing up this contract

      II.            How long does the conveyancing process take?

This is a common question with the standard answer being ‘anything from eight weeks onwards…’ There can be many delays and setbacks in the process.  The conveyancing process to a certain extent, relies on local authorities returning searches in good time and other agencies and so on, also responding quickly. Delays can occur when either the seller or buyer also don’t respond quickly to requests for information.

    III.            How much does conveyancing cost?

Fees and costs can vary and so it pays to get at least three quotes from different firms and solicitors. There are many firms who now offer their services online, which can significantly decrease costs. They also work on a team basis on your case, and also work longer shifts too so that documents can be prepared quicker, hopefully helping to move the process on quickly.

Beware of deals online, however, that seem a little too cheap.

    IV.            Can I not do the conveyancing myself?

There are four reasons why home buyers take on the mantel of conveyancing themselves;

         i.            Some lenders insist on buyers hiring conveyancers for the purchase

       ii.            There is a much higher risk of something going wrong as the process in some instances can be complex

      iii.            If the conveyancing process is not done correctly, it could lead to costly legal disputes that you may find yourself responsible for

     iv.            The vendor may not be happy with you completing your own conveyancing and could reject your offer as a result.

       v.            What questions should I ask my conveyancing team?

Every question that you can think of, your conveyancing team will have the answer! However, finding the right people to help with your conveyancing can be difficult.

Many high street solicitors offer a conveyancing service and you may also see conveyancing firms. Although it is a legal process, it is possible for individuals to train specifically in the act of conveyancing. This means that they offer this service to buyers and sellers (but not at the same time!) and can be a minefield of useful information and advice.  As they only deal in conveyancing matters, they have all the knowledge and experience needed. There are times too when their services can be cheaper than a solicitors.

Online conveyancers are also revolutionising the market, making the process of conveyancing far more transparent and, in many cases, slightly faster too. You can monitor progress of your purchase online too, and when documents need returning or information needed, it can often be submitted online too.

Online conveyancing – a note of caution

The internet has revolutionised many sectors of industry, including the purchase and sale of property and land. Like many businesses, online conveyancers can use marketing to hook potential customers. For example, one price conveyancing packages that seem too good to be true – because they are!

Check what is and what is not included in any quotation from a solicitor or conveyancer, whether on the high street or online.

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