Guide to Conveyancing in the UK

JBrown International

What is Conveyancing?

Conveyancing is the legal process of transferring property ownership from one person to another. It involves several steps and legal formalities to ensure the transaction is valid and protected under UK law.

The Role of a Conveyancer

A conveyancer or solicitor manages the legal aspects of buying or selling property. Their responsibilities include:

  • • Conducting property searches to identify any potential issues.
  • • Preparing and reviewing contracts.
  • • Handling funds during the transaction, including deposits.
  • • Liaising with the mortgage lender and other parties involved.
  • • Registering the property with HM Land Registry.

Steps in the Conveyancing Process

  1. • Instruct a conveyancer to act on your behalf.
  2. • The conveyancer conducts property searches and checks.
  3. • Draft and agree on the contract of sale.
  4. • Exchange contracts and pay the deposit, making the sale legally binding.
  5. • Complete the transaction by transferring funds and receiving the keys.
  6. • Register the property with HM Land Registry.

Types of Property Searches

Your conveyancer will perform various searches to uncover potential issues, including:

  • • Local Authority Search: Checks planning permissions and restrictions.
  • • Environmental Search: Identifies potential environmental risks.
  • • Water and Drainage Search: Ensures the property is connected to water and sewerage services.
  • • Title Search: Confirms the seller’s legal right to sell the property.

Costs of Conveyancing

The cost of conveyancing includes legal fees and disbursements. Common costs include:

  • • Conveyancer’s professional fees
  • • Search fees
  • • Land Registry fees
  • • Stamp Duty Land Tax (if applicable)

Tips for a Smooth Conveyancing Process

  • • Choose a reputable and experienced conveyancer or solicitor.
  • • Provide all necessary documents promptly to avoid delays.
  • • Stay in regular contact with your conveyancer for updates.
  • • Budget for additional costs, such as searches and registration fees.

At JBrown International, we work with trusted conveyancers to ensure a seamless property transaction experience. Contact us today for recommendations and guidance through the process.