When starting the conveyancing process, it can be hard to know what to expect. Solicitor, Hazel Jones, discusses some things to keep in mind when working with your conveyancer.
Investing time is key.
My colleagues and I are working hard in the background to make sure that all the steps that need to be completed are done correctly. We want you to be able to make the decision about your purchase, or sale, with all the information you need, and we are here to protect you and your home from potential issues that could arise after the conveyancing process is over.
Investing this time is essential to make sure that you have all the information you need before you proceed and to make sure there are no legal defects when you come to sell.
Communication is everything.
We’re here to make the process as smooth as possible, and we will be in touch with anything that we need. We can communicate with you in a variety of different ways, including telephone and email.
Be flexible with your completion date.
Whilst you may have a completion date in your head when your offer is accepted, this often isn’t the date which is agreed. Dates are discussed when the legal investigation has come to a close and the whole chain is in a position to proceed. You can only go as fast as the slowest person in the chain.
That’s why we would recommend to not book removals until you have exchanged. Exchange is the point where the transaction becomes legally binding, the completion date (which everyone in the chain has agreed to) is set and you cannot pull out without financial penalty.
If you do book removals before your Conveyancer has confirmed exchange, be warned that you could lose a deposit with your removal company. The same goes for giving notice on rental accommodation, as you do not want to risk having to move out of a rented home before you can move into your new one. We would also advise to not do this until exchange has happened.
It’s also worth noting that on completion day, the money needs time to move from bank to bank so please do not expect to get the keys at 9am. If you are in a long chain, you could very well be waiting until late on in the day for your keys.
You can contact me, or any of our property team by calling 01539 721945, or CONTACT US