Why You Need Residential Conveyancing

  • Posted on
Why You Need Residential Conveyancing

If you have not purchased or sold a property before, it can be quite a daunting process with a lot of legal jargon that you will not know about and unexpected issues you may not be familiar with.

It’s important that you work with a quality residential conveyancer before purchasing a property for numerous reasons - for example, to ensure that there are no unpleasant surprises upon purchasing.

Moving home is known to be one of the most stressful life events. If you do not use a reputable residential conveyancer, it can become quite stressful.

If you would like to learn more about residential conveyancing, including why you need fast and reliable conveyancing to assist you throughout your property purchase journey, then you have come to the right place - read on to learn more.


What Is Residential Conveyancing?

Residential conveyancing refers to the legal transfer of residential property from one person to another, from a seller to a buyer. There are a lot of legal processes and documents tied in with a property transfer, and conveyancers are there to ensure that every part of the process is done correctly.

At the end of the conveyancing process, the buyer secures the title to the land together with all the rights that come with the land. This will involve any limitations and planning issues which will need to be resolved before the exchange of contracts and completion.


The Job of a Conveyancer Solicitor

A conveyancing solicitor can help you with the conveyancing process, including every legal aspect of the property transfer - which can be difficult to understand if you are not familiar with legal terminology or have not bought or sold a property before.

Getting a specialist conveyancing solicitor will be extremely beneficial for you. This is due to a conveyancer solicitor being an expert in their field - they will be able to give you expert advice as they will be specialists in residential property and this area of law.

Any issues or potential problems that crop up can be dealt with by your specialist conveyancer. This will keep the process moving and should keep delays to a minimum. Delays cost money and can cause you unnecessary stress.

To give you a better understanding of what a conveyancing solicitor does, here are some of the issues they deal with:

  • Boundary issues relating to the property plans
  • Documents not registered properly
  • ID and AML checks together with a source of funds
  • Search results may reveal planning and building entries together with land/financial charges
  • Leasehold properties with Management Companies and Landlords

Conveyancing searches aim to highlight any issues to the buyer before they commit to the purchase.


Do I Need a Conveyancing Solicitor?

It is possible to handle the conveyancing process yourself, however, this is never a good idea.

Firstly, your mortgage lender will more than likely require you to have professional conveyancing searches completed on the property. This helps to reassure the lender that any risks with the property will be raised and dealt with before they approve your mortgage.

Even if you intend on paying with cash, without the need for a mortgage lender, it is always highly advisable that you have the right conveyancing solicitor who specialises in conveyancing and that they have the appropriate searches done regardless of the type of property you intend to purchase.


Why You Need Residential Conveyancing

If you do not have residential conveyancing or a dedicated solicitor to help you with your property purchase, you could be taking a huge financial risk. This is because money within a property is not a guaranteed investment.

Purchasing a property is one of the largest financial decisions and commitments you will make. If you do not make the right decision to use a conveyancer or a solicitor, it could end up costing you more in the long term and could put your property and your financial portfolio at risk.

With the increased amount of resources now available online, it is no wonder that many people have looked and considered bypassing the conveyancing solicitor and opting to attempt to do the conveyancing themselves.

We strongly suggest that you do not attempt your own conveyancing. With a professional eye for detail both in terms of the conveyancing searches and all of the legal paperwork that comes with it, a conveyancing solicitor can ensure that everything is conducted correctly.

Some extreme examples can include having to demolish your house as it is built on top of a sewer that needs access. This may seem extreme, and it is, but in some cases, this or something similar may occur.

Your conveyancer will also be required to hold valid indemnity insurance. This protects you against financial loss. Having a conveyancer protects you from such unfortunate circumstances.

Not to mention that with a legal conveyancer behind you, you know you will have the backing of a legal figure that will give you confidence should anything happen to go wrong or be looked at by a higher authority.


Bell Lamb & Joynson

Let us help you at Bell Lamb & Joynson. We have an expert team of conveyancing professionals who specialise in all aspects of residential conveyancing, including property sales and purchases, transfers and mortgages too.

With our team at Bell Lamb & Joynson, you will be assigned a conveyancing solicitor who will be by your side throughout your conveyancing journey. Your conveyancer will be able to handle all legal aspects of your conveyancing process for you.

With our experience and knowledge, you can count on us to spot problems early and deal with them quickly, speeding up the process so that your property purchase does not have to take any longer than it needs to.

Contact us at Bell Lamb & Joynson for more information and a quote. We have been people helping with their property transfer for over 200 years and with the latest conveyancing technology we can continue to help those of you who are residing all over England and Wales, at your convenience.