A Home Buyer’s Guide to Conveyancing

Mediterranean home

When looking for a legal person to represent you in your home buying process, you have plenty of options to choose from. Picking the right house buying solicitors can range from searching online or using the recommendation of your mortgage broker or estate agent. Every resident who wants to buy a home will have his or her preference on the kind of conveyancing service that he or she needs. As soon as you find the right one for you, you can then proceed with the legal process involved.

Step 1: Raising enquiries

In this step, your solicitor will undergo and evaluate the contracts and other documents to raise enquiries to the conveyancer of the seller. They will have to request copies of the Planning and Buildings Regulation Certificate, Energy Performance Certificate, and Latest Water Statement.

Step 2: Searches

Estate agents and surveys will commonly not be able to reveal everything regarding the property. To guarantee that possible problems are exposed, your conveyancer will do plenty of property searches. This includes Environmental Search, Water and Drainage Search, and Local Authority Searches.

Step 3: Mortgage

Most home buyers will be required to obtain a mortgage to purchase a property. After your lender finishes the mortgage valuation and all connected surveys are done, your conveyancer will get a copy of the mortgage offer to examine the conditions.

Step 4: Signing of contracts

For you to be prepared to sign the contracts, your conveyancer needs to guarantee that all analyses raised have been adequately responded to and fulfilled. They must make sure that all fittings and fixtures on the property are as anticipated and that they have established a completion date with the seller.

After that process, you will go through the exchange of contracts and completion. By knowing all the legal process involved in conveyancing, you will be able to prepare yourself and the documents needed.