House Conveyancing

The term “house conveyancing” refers to the transaction which takes place when a house is bought or sold. Regardless of the professionals involved, the basic steps that are undertaken remain relatively unchanged, albeit that certain aspects of the house conveyancing process may be more complicated for certain transactions.

When considering a house conveyancing procedure, it is important to have an understanding of the requirements of your particular transaction. Typically, this should involve speaking with several property professionals, before a decision is made as to who can offer the best possible service, in your circumstances.

Using a comparison site is a great starting point, and although the house conveyancing process itself may seem somewhat procedural, it is worth bearing in mind that there are, in fact, several aspects to the process which may be more relevant to some parties, than others. By comparing the various professionals offering house conveyancing services, any specialist requirements you may have, or simply the need to cut costs, can be met and the process can be completed, efficiently, professionally, as well as being in keeping with the specific requirements of the transaction.

What Precisely does House Conveyancing Involve?

House conveyancing is a formal legal procedure and needs to be treated as such, even when the arrangement is made between friends or family members. Obtaining advice before entering into a house conveyancing transaction, whether the intention is to use a property professional to actually undertake the conveyancing or not, is essential, as there may be aspects to the legal transaction which are not immediately apparent to the untrained eye.

House Conveyancing – Legal Requirements

Regardless of the property professional you chose, house conveyancing involves specific legal processes which need to take place, including exchange and completion, as well as the registration of change of title, etc. Failure to undertake any of these parts of the transaction can have devastating consequences and can prove very costly; it is for this reason that professional property conveyancing individuals such as property solicitors or conveyancers offer peace of mind, during the process and can also offer a sense of security, at what is often a very busy time.

The process of house conveyancing in its broadest sense involves the legal transfer of ownership of property from one person to another. Generally speaking, house conveyancing happens at arms length, which means that it is conducted between two unconnected parties who have chosen to buy or sell a property, often through an estate agent. House conveyancing can, however, take place when the property is simply being gifted between family members, and this supports the notion that a property professional should be involved, regardless of the apparent simplicity of the house conveyancing transaction.

House conveyancing can be a stressful process that requires certain formal procedures to be met. By using a carefully selected property conveyancing professional, you are one step closer to a smooth transaction and a quick move to your new property.