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What is conveyancing?
At the start of the conveyancing process, your conveyancer will initiate various searches.
These include a Local Authority Search, an Environmental Search, and a Water and Drainage Search.
These searches examine the local area around the property to identify any potential issues that might impact the property’s value or the environment. Common findings from these searches can include flood risks, ground stability issues, high levels of radon gas, and contaminated land concerns.
How much does conveyancing cost?
In 2023, the average conveyancing fees in the UK were £2,239 for purchasing a property and £1,690 for selling one.
Solicitor fees can either be fixed or based on your property’s price, but they will vary depending on your chosen conveyancer, the property’s value, and whether it is freehold or leasehold.
Your conveyancing expenses will include the solicitor’s legal fee and various disbursements. Disbursements are third-party costs, such as conveyancing searches, which your solicitor will handle on your behalf.
Typically, conveyancing solicitors in London charge higher fees compared to those in other UK cities. Selling a house usually incurs lower conveyancing costs than buying, as conveyancing searches are not needed.
To ensure you get the best deal, it’s essential to get matched with a conveyancer with us.
How to choose a conveyancer?
You should always hire a licensed conveyancer or conveyancing solicitor regulated by one of these bodies:
- Council for Licensed Conveyancers (CLC)
- Solicitor’s Regulation Authority (SRA)
- Law Society of Scotland (LSS)
- Law Society of Northern Ireland (LSNI)
- Chartered Institute of Legal Executives (CILEx).
It’s crucial to check the conveyancer’s reviews beforehand. When you are matched with our verified conveyancers, you can read reviews from real customers before making your decision.
Many people hire a conveyancer based on recommendations from family or friends, but it’s still wise to review their feedback.
How long does conveyancing take?
The conveyancing process typically takes 8-12 weeks but can extend if there are any delays.
If you’re not in a property chain or are buying with cash, the process will be much quicker. Most of the time is spent waiting for conveyancing searches and property survey results, but your conveyancer’s job is to keep things moving efficiently.
They will coordinate with your mortgage lender and other parties to minimize any disruptions.
To ensure a smooth conveyancing process, be prepared to hire a conveyancer as soon as your offer is accepted, and have your deposit and documents ready to avoid any delays.
What will appear in conveyancing searches?
What do conveyancing searches reveal?
At the start of the conveyancing process, your conveyancer will initiate searches such as Local Authority Search, Environmental Search, and Water and Drainage Search.
These searches investigate the local area around the property to identify any potential issues that might affect the property’s value or the environment.
Common findings from these searches can include flood risks, ground stability issues, high levels of radon gas, and contaminated land concerns.
