Providing the help you need when buying, selling or managing land or property

At Fishers, it is easy to get a quote for the conveyancing. Simply use our free online tool here:

https://www.fisherslaw.co.uk/home-property-land/residential/get-a-conveyancing-quote/

The online tool will guide you through some questions about the conveyancing transaction and will give you a full break down of costs. We can also help you personally, if you would like to speak to one of the team, please call our office on 01531 412 167 or email enquiries@fisherslaw.co.uk.

Conveyancing typically takes 8-14 weeks, but delays are common. Factors influencing the timeframe include:

• Property Complexity: Older or unique properties often require more in-depth checks, extending the process.
• Mortgage Involvement: Mortgage applications, including lender valuations and approvals, can significantly increase the timeline.
• Property Chains: Delays in other transactions within a property chain directly impact your own completion.
• Leasehold Properties: Leasehold properties involve additional checks and significantly more paperwork and there are often more parties involved. This therefore takes longer than a standard freehold transaction.
• Cash Purchases: Cash buyers often experience faster completions due to the absence of mortgage arrangements.

Sale

1. Instructing a Conveyancer: Start by appointing a solicitor or licensed conveyancer to manage the legal aspects of your property purchase. They will guide you through the entire process.
2. Drafting the Contract: Your conveyancer will create a contract outlining the terms and conditions of the property purchase. This contract ensures a smooth transaction for both parties.
3. Answering Enquiries: Enquiries are questions raised by your buyer’s solicitors, these will be sent to you for your responses.
4. Signing Contracts: Once all enquiries and searches are addressed, you'll sign the contract and transfer.
5. Exchange of Contracts: The exchange of contracts marks a crucial step where the sale becomes legally binding.
6. Between Exchange and Completion: This period allows for final preparations, such as arranging for the transfer of funds.
7. Completion: On completion day, you hand over your keys and receive the sale proceeds.

Purchase

1. Instructing a Conveyancer: Start by appointing a solicitor or licensed conveyancer to manage the legal aspects of your property purchase. They will guide you through the entire process.
2. Raising Enquiries: Your conveyancer will investigate the property by conducting searches and asking the seller's solicitor questions. This ensures you have all the necessary information about the property before proceeding.
3. Arranging a Property Survey (Optional but Recommended): Consider getting a property survey to assess the property's condition and identify any potential issues. This can help you avoid unexpected problems down the line.
4. Mortgage Offer and Valuation (If Applicable): If you're using a mortgage, your lender will provide a formal offer and arrange a valuation of the property.
5. Conducting Property Searches: Your conveyancer will conduct various searches, such as local authority searches, to verify the property's legal status and uncover any potential restrictions.
6. Signing Contracts: Once all enquiries and searches are addressed, you'll sign the contract, transfer, mortgage deed (if applicable) and Stamp Duty Land Tax form.
7. Exchange of Contracts: The exchange of contracts marks a crucial step where the sale becomes legally binding. A 10% deposit is usually required.
8. Between Exchange and Completion: This period allows for final preparations, such as arranging for the transfer of funds.
9. Completion: On completion day, you'll receive the keys to your new property!
10. Post-Completion Matters: Your conveyancer will handle any remaining tasks, such as registering the property in your name and finalizing the mortgage (if applicable).

The specific documents required for conveyancing can vary significantly depending on your individual circumstances. However, here are some common documents you may need to provide your conveyancer:

• Proof of Identity and Address:
  • Passport or Driving Licence
  • Recent Utility Bill, Council Tax Statement, or Bank Statement
• Proof of Funds (if applicable):
  • Bank Statements (demonstrating sufficient funds for the deposit and purchase)
  • Mortgage Offer (if applicable)
• Property-Related Documents:
  • Title Deeds (proving ownership of the property)
  • Energy Performance Certificate (EPC)
  • Leasehold Information (if applicable: lease details, ground rent, service charges)
  • Planning Permission and Building Regulations Compliance Certificates (if applicable)
  • Fixtures and Fittings Form (detailing included items)
• Additional Documents (may be required):
  • Identification for any guarantors
  • Details of any special conditions related to the purchase
  • Any other documents requested by your conveyancer

Important Note: This list is not exhaustive. Your conveyancer may require additional documents based on your specific situation. To avoid delays, gather all relevant documents as soon as possible.

Disclaimer: This information is for general guidance only and does not constitute legal advice. Always consult with a qualified conveyancer for specific legal advice regarding your individual circumstances.

Choosing the Right Conveyancer

Selecting the right conveyancer is essential for a smooth and successful property transaction. Here are key factors to consider:

1. Experience and Expertise:

• Specialization: Look for conveyancers with specific experience in the type of property you're buying (e.g., leasehold, freehold, new build).
• Local Knowledge: Choosing a conveyancer familiar with the local area can provide valuable insights and potentially identify potential issues.
• Regulation: Ensure the conveyancer is regulated by a recognized professional body (e.g., Solicitors Regulation Authority (SRA) or Council for Licensed Conveyancers (CLC)).

2. Fees and Pricing:

• Transparency: Obtain clear, itemized quotes from several conveyancers to compare costs effectively. See how much your conveyancing costs with us here: https://www.fisherslaw.co.uk/home-property-land/residential/get-a-conveyancing-quote/

• Pricing Models: Understand the difference between fixed fees and hourly rates, and ensure you understand what's included in each.
• Hidden Costs: Inquire about potential hidden costs or disbursements (e.g., search fees, Land Registry fees) to avoid unexpected expenses.

3. Communication and Customer Service:

• Responsiveness: Choose a conveyancer who communicates promptly and effectively, keeping you informed throughout the process.
• Availability: Ensure they are readily available to answer your questions and address any concerns you may have.
• Client Reviews: Read online reviews and testimonials from previous clients to gauge their customer satisfaction and professionalism.

4. Professional Affiliations and Accreditation:

• Regulation: Ensure the conveyancer is regulated by a recognized professional body (e.g., Law Society, Council for Licensed Conveyancers).
• Accreditations: Look for accreditations that demonstrate quality and expertise (e.g., Conveyancing Quality Scheme).

5. Personal Recommendations:

• Word-of-Mouth: Seek recommendations from trusted sources such as friends, family, estate agents, or financial advisors. Find our reviews online here: https://www.reviewsolicitors.co.uk/leicestershire/ashby-de-la-zouch/fishers-solicitors-unit-r