Online Conveyancing Process Selling

Whether you are looking to buy, sell or remortgage, we will offer you a first-rate service. Conveyancing can be expensive and fees vary greatly between solicitors.

We aim to make this process as simple and convenient as possible. We will provide you with the best price quote we can straight away for any area of England or Wales.

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What is conveyancing?

When buying or selling a property, the conveyancing process covers the transfer of legal deeds of the property from one person to another. There are certain regulations and expectations that must be met. To have the process completed efficiently and professionally, you will need the services of licenced conveyancers.

The conveyancing process begins once an offer is accepted on the property, you must then work with your solicitor, as the seller works with theirs, to draft up the exchange contract. This contract includes all the terms and conditions of the sale. Including the price to be paid for the property and any other relevant particulars. Your solicitor will then complete all necessary legal checks and changes to ensure the smooth transaction of property.

My Conveyancing Specialist offer a premium online conveyancing service. We have a network of conveyancing partners across the UK to offer you local experts in your area. All of our solicitors are registered in England and can offer you a completely professional service for an affordable price.

 

In simple terms conveyancing is the transfer of legal title of a property from one person to another.

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Once an offer has been agreed, your conveyancer will be busy ensuring everything is in order for your completion day. There are various procedures to follow and checks to be completed. Within this stage in the process, you might also find it effective to have a survey performed on the property you are purchasing. This will let you know whether there are any faults that your solicitor can help you address.

My Conveyancing Specialist offer a dedicated service. Whilst other law firms and registered offices tend to take on multiple various cases, we are focused on providing conveyancing services. This ensures we can deliver you an experience that is optimised and efficient.

Furthermore, our services are available 24 hours a day. This contradicts the typical working hours of a traditional conveyancing solicitor. Through our efforts to create a convenient online service, we have been able to offer you a 24/7 accessible conveyancing portal that allows you to get in touch and keep track of your case at all times.

 

 

Conveyancing Process Selling

If you are using finance for the property (a mortgage) then you will need a formal mortgage offer. The lender will then instruct a solicitor which can also be the buyer’s solicitor if they are approved by the lender. The solicitors will then check the mortgage terms and arrange for the mortgage deed to be signed by the buyer or buyers if a joint mortgage.

The next part of the process is the exchange of contracts which is where the buyer and seller commit to the transaction. The buyer will then normally pay a deposit and a date for completion of the deal will be fixed. After exchange if not already completed the transfer deed is signed. If a mortgage is being used the mortgage money will be requested and sent to the buyer’s solicitor. The seller’s solicitor will then check how much is needed to pay off any existing loans on the property.

The final stage of the conveyancing process is called completion. On the completion date the buyer’s solicitor will send the purchase money to the seller’s solicitor and any other associated paperwork. When the money has been received completion takes place. They keys are then released to the buyers who can then take procession of the property and move in.

You could be forgiven for thinking this is the end of the process, but it is not. The seller’s solicitor then has to deal with repayments of any outstanding mortgage on the property and pay the estate agents and then pay the balance over to the seller.

The buyer’s solicitor then needs to check the deeds and any paperwork they receive and report to the HMRC and pay any Stamp duty and register the purchase and mortgage with the Land Registry.

The above may sound complicated, but by using property conveyancing professionals the process is made as straight forward as possible.

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