What is conveyancing and how long does it take?

Conveyancing covers the whole process of a property sale, including preparing the legal documentation which attaches to the transaction of transferring legal ownership. It also covers any leasehold negotiations if the property is not freehold, including any extension of the term, as well as any re-mortgaging arrangements.

Image Credit

You will need a conveyancer to draft contracts and transfer funds on completion. Your adviser will also ensure legal ownership is properly registered.

Remember that different rules apply in Scotland if you are purchasing there.

The Law Society has a Conveyancing Protocol setting out the steps which your conveyancer will follow when acting on the sale or purchase of a property, although this is not relevant where the property is a new build.

Conveyancing fees

Obviously, conveyancing fees apply and details of these can be found online at sites such as https://www.samconveyancing.co.uk/news/conveyancing/no-sale-no-fee-conveyancing-153.

Once you have made an acceptable offer on …