What are conveyancing solicitors?
We all know that when buying or selling a home we need conveyancing solicitors, but what is it that they actually do during the house-buying/selling process?
Many may think that a conveyancer just draws up the legal contracts and arranges for the transfer of title to be registered with the Land Registry, but they also provide home buyers and sellers with essential legal advice relating to contracts, mortgage offers and property issues that may have been identified by your surveyor.
During the entire property buying and selling procedure, the conveyancing solicitor will conduct several searches on the property through the local authority, which can reveal key information in relation to the property you anticipate buying, including things such as boundary disputes, local planning permissions or constraints, and potential environmental factors such as flood risks.
Conveyancing Solicitors in Manchester
For those that don’t know a conveyancing solicitor is a qualified practising solicitor who can carry out the conveyancing process on your behalf, and generally will also have broader training and experience in other aspects of the law. The conveyancing solicitor will deal with all the small print with law expertise is always useful when dealing with other financial and legal matters at the same time as buying your new home. As a home buyer, it is comforting knowing that in England and Wales all practising solicitors are registered with the Law Society and the profession is regulated by the Solicitor Regulation Authority (SRA).
Why use a conveyancing solicitor?
As well as a conveyancing solicitor helping you throughout your buying and selling process, their main role is to ensure that the transaction goes through legally. The conveyancing and work out what is included in buying the property, carrying out local searches and consulting with the seller/buyer’s solicitors to choose a completion date.
During the 1980’s as home ownership was on the rise a change in law meant that conveyancing could also be carried out by specialist lawyers known as licenced conveyancers. A licenced conveyancer does not have the same training or experience in other aspects of the law as solicitors, they are qualified lawyers who exclusively deal with property law and conveyancing and are regulated by the Council for Licensed Conveyancers. As of 1st November 2017, licensed conveyancers must place a badge on their website showing they are regulated by the Council for Licensed Conveyancers.
Find the right conveyancer solicitor in Manchester
Conveyancing solicitors and licensed conveyancers are capable of dealing with the conveyancing process when you purchase a new property. If you are looking for legal advice throughout your buying/selling process it is recommended you opt for a conveyancing solicitor as they will ensure all the small print is covered.
The early stages of buying a home
Once you have agreed a purchase price and accepted the buyer’s offers this is when the process begins. Please note that when accepting an offer that it isn’t legally binding until contracts have been exchanged which means either party can pull out at any time.
As a house purchaser
When purchasing a property your conveyancing solicitor will really help you when dealing with your mortgage lender and this can save you a lot of stress. A conveyancing solicitor will notify you of any Stamp Duty Land Tax and will be able to confirm all property searching carried out. The information given by the conveyancing solicitor will give you a good understanding about the area you are purchasing your property in and will also give you an estimated completion date.
Our Conveyancing Solicitor in our Manchester office takes care of it all – From writing contracts to completion
There are a number of steps needed to be finalised prior to any exchange of contracts from both parties. Your conveyancer will provide you with a draft copy of the contract for you to agree and sign, which will outline specifics of sale, conditions of sale and the agreed completion date which will also be sent to the buyer’s conveyancer. Once both parties have agreed with the details a contract will be drawn up for you to sign, deposits will be transferred and the exchange of contracts will take place.
When the property is lawfully transferred to the new owner the buyer’s conveyancer will then arrange to transfer the balance of the purchase price to solicitors. By this date you must have removed the last of your belongings and passed the house keys to the estate agent for release to the new property owners.
Contact JMR Solicitors for conveyancing in Manchester
If you’re looking for Manchester conveyancing solicitors our conveyancing costs are affordable in comparison to other solicitors in Manchester.
After selecting a conveyancing transaction to buy, sell or remortgage a property we can send you a full fee structure via email. The benefits of using our Manchester Conveyancing solicitors are;
- Extremely competitive CONVEYANCING quote provided.
- We are conveniently located in the heart of Manchester.
- We provide easy to understand information at every step of your conveyancing.
Call us today on 0161 491 3933 for your legal conveyancing solicitor quote.