Buying a house in the UK requires the assistance of a solicitor or a licensed conveyancing to get the legal aspect and paperwork sorted throughout the transactions. It is a mandatory process that if not done properly, either the seller or the buyer can be in a bit of trouble with the law.

Conveyancing, basically, is the process where the ownership of the property is transferred from the seller to the buyer. Diligent conveyancing solicitors at present are tested by the Law Society and accredited by the Conveyancing Quality Scheme to ensure the highest standards of carrying our the process.

But what do conveyancers really do?

Hiring a conveyancer will help you through the following:

  • Make arrangements with companies and authorities to settle the property's pending financial obligations.

  • Give proper advice regarding buying costs and other expenses throughout the process, including but not limited to Stamp Duty Land Tax, Land Registry fees, survey and property searches.

  • Create, modify and thoroughly inspect the buying-selling contract.

  • Constantly get in touch with the mortgage lender about the property's condition and value and the progress of the transaction.

  • Act on your behalf from when your purchase offer is accepted and the paperwork needs to be sorted.

  • Help with registering you as the new owner at the Land Registry.

When To Hire a Conveyancer

Even before you make an offer, it's ideal that you already have a conveyancer in mind to help you through the process. Why? The advice they can give you can help with your decisions. Plus, it gives you a good headstart with the paperwork.

Choosing a conveyancer in your mortgage lender's approved list is also ideal as they coordinate with each other to diligently carry out the process. Check with your lender for their approved conveyancing solicitors and firms to save you time. In some situations though, mortgage lenders may charge you a referral fee for it.

You can also ask your friends and relatives if they have worked with a conveyancer in the past. Besides these options, you can also look at the Law Society website to find a member accredited by the Conveyancing Quality Scheme. Plus, there are also channels on the Internet where you can request for obligation-free quotes if you need to choose amongst a few.

How Much Will You Pay?

Asking for conveyancing quotes will be your best move here to give you an idea how much of your budget will be allocated for conveyancing services. Fees may vary from one to another. Just remember that conveyancing fees are ideally divided into two categories: your conveyancer's fees for the services and the disbursements they'll shoulder first and charge you upon completion.

These fees differ depending on the number of services they render for you but it involves how much time conveyancers spend on the job, communication, indemnity insurance, and other fees. Lodging the title deeds, Land Registry and council fees are also generally included.

Because the market has become competitive over the years, you can come across a fixed-price and no-completion-no-fee deal if you do some research online. In a nutshell, for you to be guaranteed less trouble when buying a house, you will best hire a solicitor to act on your behalf during conveyancing.