Buying a house is probably the biggest decision you’ll ever have to make in your life. It’s not just about laying out such a big sum of money but the fact you are buying somewhere that will potentially be your home for many years to come. With so much to organise it’s important you make the right decision and even more important that you get the right people to help you handle the process.
One term that gets used a lot when buying a house, that you may not have heard before, is conveyance. This is the term for the process of legally transferring ownership from the seller to the buyer. It involves various searches and other checks to ensure that everything is legal and that all the information in any contracts is correct.
You’d be amazed by some of the disasters that have befallen new homeowners who haven’t carried out proper conveyancing. There have been past cases of people buying homes, only to find out that the person they believed to be the seller didn’t have the legal right to sell the house (although the laws governing such things in the UK are usually quite stringent). Once the deal has been done and contracts exchanged, getting your money back isn’t as straightforward as perhaps this situation would demand. After all, possession is nine tenths of the law, as they say.
So, it’s fairly easy to see why conveyance solicitors are so important. You wouldn’t dream of buying a house without having a survey of the property. Checking the physical structure of the house is essential before you put any money down and you should consider using to help you check the properties in your local area.
Conveyance solicitors will also be responsible for the physical payment once the deal has been made legally binding. This means that every aspect of buying or selling a property will be managed professionally, ensuring that your property dealings are handled as smoothly and seamlessly as possible.
This article is provided courtesy of Fridaysmove, a network of local solicitors and surveyors which operate on a national level. With over 135 years worth of experience in the property sector, they are experts in the field of property management and conveyancing.
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