derbyshire online

Frustration - that’s the impression that home buying and conveyancing leave to most home buyers, especially first-timers. They seem to be caught in a sea of paperwork and tasks to be completed before they can finally collect the keys and move in. Some even wonder at times if they’re on the right track of things or stuck and kept in the dark somewhere.

While conveyancing can be quite a complex process at times, it’s not as ominous as it seems if taken with precaution and advised properly. Yes, it can take several weeks to complete but given proper advice and an expert to carry out the tasks, frustration and stress can be eased.

The truth is every property transaction can be a jigsaw puzzle, where you need to carefully put the pieces together. While you started things properly, there are issues that could come unexpectedly. But with a competent conveyancer working with you, you can be assured that these issues are sorted while you look at moving in as soon as you expect.

As soon as you instruct your conveyancing solicitor, the legal process of transferring the property’s ownership to you is carried out through a series of tasks and a number of documents. Within 6 to 12 weeks, barring any complicated issues in the transaction, your keys can be ready for collection directly from the seller or through their agent.

What tasks are involved in conveyancing?

One of the tasks that you can anticipate to take so much time in conveyancing is the pre-contract-exchange phase. This is where issues within and around the property are determined through surveys and searches. Your solicitor will have to coordinate with people and organisations to find out the following:

  • value of the property for the mortgage lender to determine how much you can borrow

  • structural issues and need for maintenance/repair work that you can use to renegotiate the offer

  • current and future plans of Local Authorities in the location that could affect the property

  • current environmental, water, and drainage situation/facilities in property’s local area

  • the property owner’s liability in maintaining the local church

While some of these processes are completed in a matter of days, some could even take weeks. Plus, you have the renegotiation to factor in once the results of these tasks are in your hand.

What else could delay the completion?

You have to remember that if you are selling your current property to afford buying a new one; or your seller is looking to buy a new house for themselves after selling this one to you, you are likely to get caught in a chain of transactions and processes. That’s why it’s important that you and your seller have sorted things out and have agreed to a target completion date as you move along; and that none of you are involved in another property transaction that could complicate matters.

How can I choose an ideal conveyancer?

It’s always best to shop around or ask for referrals and recommendations. Don’t get bullied by either your mortgage lender or the estate agent if they’re insisting that you hire their “in-house” solicitor. Although it helps to instruct a conveyancer in the mortgage lender’s panel, you have a choice of consulting your choices wit them to ensure that.

And furthermore, to make sure your expectations are properly set and met, hire a conveyancer who has sufficient knowledge of the entire process and the local laws. What you need here is someone you can depend on in terms of mapping an action plan to iron out the issues, give you proper advice, and charge you reasonably.

Look for an accredited member of the Law Society’s Conveyancing Quality Scheme to make sure that the process is carried out according to the highest standards of compliance and quality.

Though hiring the best conveyancer cannot necessarily speed up the entire process, you can be guaranteed through of the least amount of stress and frustration as your purchase moves towards completion.