Friday, February 26, 2010

Work of conveyancing solicitors UK




Conveyancing solicitors are extremely busy people, often dealing with a number of different cases at any one time. They are also incredibly important if you want the process of selling, buying, or remortgaging your house to go smoothly. It helps to understand the sort of work a conveyancing solicitor does before you hire on, and it can also help you understand the type of conveyancing you will need for your particular situation. A conveyancing solicitor could deal with either commercial conveyancing or residential conveyancing. The former is primarily for firms and businesses looking to buy office space for example. The latter deals with the consumer side and with those people looking to buy, sell, or remortgage their house.

The Solicitors firms that you find on the high street will generally be dealing with the consumer side of things, or potentially small to medium sized businesses. These are the firms that you want to look out for to help you with the process you are about to embark on. These sorts of firms can also be found online, which can be a much easier way of finding a conveyancing solicitor than trekking around your local town! You probably won't find too many commercial conveyancing firms on your local high street, but you really don't have to worry about them unless you're looking into big business.

To start with, you'll want to contact the conveyancing solicitor with a simple letter explaining your needs. The solicitor will then get back to you with a letter talking about the different aspects of the process and their fees or charges. Once you have accepted their conditions you will want to confirm the agreement formally by writing a letter explaining your acceptance. Once this has been done, you'll need to supply your solicitor with all the relevant information for your house and any other details that they may need. This is where something like a home information pack comes in handy, because it's important your solicitor knows exactly what is going on.

The solicitor will then take charge of the handover between the prospective buyer or seller of the property, and will get in touch with the solicitor of the other party. The two solicitors will then formalist an agreement based on all the information both parties have available. The seller must then provide the deeds of the property in order to ensure a quick handover. Any other registry papers must also be handed over to the other party. Once this has been done, your conveyancing solicitor UK can then draw up a contract which will be signed by both parties; initially he will draw up a draft which can be seen by everyone involved, before a more formal version is finalized.

Once the contract is signed, the process is pretty much finished and all that remains is for a date to be organized for an official transfer of ownership. Once this is done, and assuming everything has gone smoothly, you should be able to move into your new home right away! As you can see, a conveyancing solicitor can be an extremely valuable asset as the complicated process can be overwhelming to begin with.

Source: What Exactly Does a Conveyancing Solicitor Do?


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