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Conveyancing in the UK
Once you've found the right home and started making plans for a mortgage, you'll need to get a conveyancer to help process the legal side of things.
Conveyancing can be done by both property solicitors and conveyancers. They will sort out a range of things including dealing with the Land Registry and transferring the cash to buy your house.
This guide tells you exactly what you'll get from a conveyancer and how to find the best one for you.
What does conveyancing involve?
Conveyancing is a catch-all phrase used to describe the legal work that goes on between your offer being accepted, you and the seller exchanging contracts, and the completion of the sale. Every house purchase and sale is different , in general, a conveyancer will manage things like:
How to choose a Solicitor?
It's hardly the most exciting part of buying a house, but choosing a solicitor or conveyancer is a really important decision. All solicitors are qualified to do conveyancing, but not all will have experience in this area, so use a legal firm that specialises in property transactions. No matter what your estate agent tells you, you don't have to use their in-house service or any external companies they recommend. Follow these tips to find the best firm:
Conveyancing fees range from around £500 to £1,500, depending on the cost of the property and whether you're just buying, or selling one home and buying another.
The cost will also depend on how complex the property transaction is. For example, if the property is a leasehold, there's more legal work to do.
Some solicitors will charge a flat fee, while others will charge a percentage of the property's value. Always check exactly what the fee covers – some will charge extra if any unforeseen issues arise. Get a few different quotes before choosing who to use.