What Do Conveyancing Solicitors Do?

If you are buying a house or selling your home, you will be dealing with conveyancing solicitors. But you may be wondering what conveyancing solicitors do? That’s where this blog will help you. Our conveyancing solicitors in Peterborough share what they do. This means that when you are dealing with conveyancers, you’ll know exactly what to expect.

In the simplest terms, conveyancing is the legal process of transferring property from one owner to another. This property could be flats, houses, business premises or even land. The conveyancing solicitor is the person that manages this on behalf of the present or the future owner.

Our conveyancers are instructed by our clients to carry out the legal and administrative roles involves in buying or selling a home. They work from the very beginning when they take instruction from the client. They will then work with our clients until the exchange of contracts and completion of the transaction.

Your conveyancing solicitor will advise you on the buying and selling process of the property. They will research who legally owns the land and the property. This is more commonly known as ‘title investigation’. Your conveyancer will conduct searches with the local authorities. They will look for things that might affect the sale of the property.

When acting for the seller, the conveyancing solicitor in Peterborough will draft sales contracts. When acting for the buyer, they will review the sales contracts. Your conveyancer will communicate with mortgage lenders, estate agents and other solicitors involved in the sale or purchase of the property. They will also check financial records and prepare statements to speed up the process of the property purchase.

Conveyancing solicitors will also prepare leases and transfer documents. They will be in touch with the client to update them with the progress of the sale, every step of the way. It is also their role to maintain accurate records of the process. They will deal with the exchange of contracts to complete the sale of the property. Finally, our conveyancing solicitors will ensure all Stamp Duty Land Taxes are paid.

We hope this gives you a better understanding of what our conveyancing solicitors in Peterborough do. However, if you have any questions, you can always call our friendly conveyancing team.