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Conveyancing

A conveyancer will handle all the legal aspects of buying or selling a property for you. A good one will keep you updated regularly, and can really support you in what could be a stressful process. Morgan Brookes have worked with many conveyancers and our selling team will be more than happy to provide a quote from a recommended conveyancer.

The Legal Transfer:

Conveyancing is the legal transfer of ownership of a property from the seller to the buyer.  One of the most important parts of the transaction, conveyancing begins when you have accepted the buyer’s offer. The stages of conveyancing are:

  • The offer from the buyer is accepted.
  • Your appointed Conveyancer draws up a draft contract or ‘terms of engagement’.
  • Your solicitor will contact the buyer’s solicitor to confirm instructions.
  • Your solicitor will then provide the buyer’s solicitor with a copy of the draft contract plus the property title and forms.

Your Conveyancer will complete the following tasks for you:

Although it is technically possible to do your own conveyancing, it is recommended that you always use a qualified and experienced property lawyer. Your Conveyancer will complete the following for you:

  • Liaise with the seller’s solicitor to receive a contract pack
  • Request and retain a copy of the mortgage offer.
  • Complete local authority searches in relation to the property and analyse those searches..
  • Liaise with both parties for potential completion dates.
  • Exchange signed contracts with the seller’s own conveyancer.
  • Transfer the deposit to the seller’s conveyancer.
  • Prepare completion statements and transfer deeds.
  • Transfer the signed transfer deeds to the seller’s conveyancer.
  • Request the payment of the mortgage advance from the lender.
  • Transfer the balance of the purchase price (less the deposit already paid) to the seller’s conveyancer.
  • Forward any and all documents pertaining to the transfer of ownership to the Land Registry.
  • Forward the title deeds to the mortgage lender.

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