What Value Do Residential Conveyancing Solicitors Really Provide?
Residential conveyancing solicitors specialise in the laws and processes required to buy and sell residential homes.
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If you want to buy or sell valuable property safely and securely, this kind of professional assistance is vital.
The common myth is that conveyancing is simply legal paperwork. However, this is far from all of the value that a solicitor specialising in residential property provides.
A good solicitor will manage the entire process of buying or selling a property for you. They will be liaising with multiple organisations – along with the buyer or seller’s solicitor – and be working hard to make the process move as swiftly and smoothly as possible.
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“Excellent service from start to finish was kept updated with everything that was going on very efficient Elaine is an asset to the firm always happy to help and very friendly would recommend birch and co to everyone“ GA
Depending on whether you are buying or selling a home, your solicitor will have a huge range of different tasks to complete. If you are buying one home and selling another, they may represent you in both directions.
This adds up to a lot more than “just” legal paperwork. When you are buying or selling the most important and valuable thing most of us will ever own, you will want to make sure everything is done correctly. Here is how a residential conveyancing solicitor ensures that:
What Is Residential Conveyancing?
Conveyancing is the name given to the process of transferring the ownership of property from one person to another.
This process normally starts once an offer on a given property has been made and accepted. It usually ends only after the contracts have been signed, the seller has received the buyer’s money, the buyer has received their documents, and all of the required fees and disbursements have been paid.
The conveyancing process is vital to get right. Of course, there is a great deal of money at stake. But your future happiness may also rest on your sale or purchase being safe as well as successful.
This is because, while buying or selling a home can be a complex legal process, it is also fraught with hidden dangers. The commonly used Latin phrase relating to this is caveat emptor, or “buyer beware”. The implication is that it is the buyer’s responsibility to understand what they are buying.
For example, if you were intending to buy a home, it would be the job of your conveyancing solicitor to investigate things like:
- Hidden issues relating to the condition of the property (such as the windows or boiler)
- Land included in the sale that is owned by someone else
- The actual extent of the property you are buying
- Previous use of the land that may have implications for you, such as mining work
- Restrictions on everything from planning permission to car parking
Going into a property purchase unaware of any of these can have a large and long-lasting impact on your life and your happiness in your new home.
What Does A Conveyancing Solicitor Do?
It is your conveyancing solicitor’s job to complete and coordinate all of the processes required to buy or sell the property. Good coordination is key here because so many things happen at the same time.
For instance, both buyer and seller will need to communicate with any estate agent involved. The buyer’s solicitor will have to liaise with the mortgage lender and make sure all the organisations they contact to complete the required property searches are responding in a reasonable timeframe.
This might mean working with the Land Registry – the organisation responsible for tracking the ownership of land in England and Wales – as well as your local authority, utility companies, and others.
A key duty of the seller’s solicitor is to put together what is known as the “contract pack”. This includes the draft contract of sale (the buyer’s solicitor will have to check this), the Title
Deed to the property, and the property information forms (which list the condition of the property).
None of these steps – and the many more required by the conveyancing process – can be taken lightly. Especially when the stakes are as high as they are in home buying and selling.
The Value Conveyancing Solicitors Provide Starts Early
In the more than three decades that Birch & Co has provided friendly, expert, and professional support to home buyers and sellers in Newcastle, across the North East, and nationally, we have seen how much easier the process is for our clients when we are involved early.
Recognised by The Law Society’s Conveyancing Quality Scheme, we know that speaking with us even before you start viewing properties means you know exactly what to look for and how to proceed, saving you time and money.
Why not reach out to us for some supportive advice today? Speak with one of our highly experienced lawyers on 0191 284 5030 or complete a Free Online Enquiry for a bespoke fixed price estimate.
“Have just used Birch & Co for a house purchase and sale after using them a few years ago for my divorce, they are great, they are very professional at the same time as being welcoming and friendly putting you completely at ease as soon as you walk through the door, If you’re lucky you may even get cuddles from Murphy the dog. I would thoroughly recommend them to anyone looking for a solicitors in the area.” (JA)
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