Real Estate Blog

How to Have a Stress Free Move

Moving from one home to the other, as in the actual and literal action of physically packing up your stuff, unpacking, and settling in another home, is already stressful and exhausting as it is. Imagine how much more stressed you would be if you were in charge of the actual conveyancing process of buying or selling a house, which could also be a handful and could take so much of your time and energy. Relieve yourself from half of the stresses that you would be experiencing of going through a move and just hire the expertise of conveyancing solicitors to give you a helping hand and make it an easier process for you to go through. If you have the help of a solicitor, you would be able to focus on more important matters relating to your move, whether you are buying or selling your property, so that you would not forget anything. Not only with your material things and checking the property, but most especially even with the whole conveyancing process as it is a very tedious process with a lot of details.

More Than Just Paperwork

Like most people, you might think that what a conveyancing solicitor does is basically the paperwork involved in buying and selling property. It is completely okay to have a wrong misconception, but of course, you have to understand that it is not entirely all of the services they offer for you. Conveyancing solicitors have a lot more to offer you in terms of making the entire buying or selling of a property as smooth and stress-free as possible. They would be there with you all throughout the process starting from the paperwork, transferring of the title deeds, arranging the searches, and even give you legal and expert advice should issues come up. If you are both buying and selling a property as you move, it is always best to get the same conveyancing solicitor so that your timeline in both buying your new property that you would move in and selling your old property would be in sync with all of your plans.

Not Just Anyone

In essence, anyone could act as a conveyancer. Meaning, you could act as your own conveyancer on your own behalf. There is no legal rule enforced stating that homebuyers cannot carry out the legal process in the conveyancing process by themselves. Though most would be tempted to DIY their conveyancing process, it is not something that is easy to go through due to the legality of a lot of the steps in the process; there is a high risk for mistakes especially if you are not adept in the laws covering buying and selling properties. The best option when choosing for a conveyancing solicitor is to get someone who is licensed, and as well as very knowledgeable about the law, such as the solicitors you could get from THB Legal. These licensed conveyancers are qualified in their field as lawyers, and they exclusively deal with laws relating to properties, so they absolutely know what they are doing. There would be less to no room for error because of the professional standards they always aim to uphold and maintain within their careers and industry.

The Process

Once a purchase price has been agreed upon by both parties, it means that the buyer’s offer was accepted and that is when the ball starts to roll for your conveyancing solicitor. Accepting an offer does not automatically mean that it is already legally binding for both parties, the whole process would usually take on average between 8-12 weeks to complete, and only when the contracts have been signed and exchanged between both parties. If you are selling a property, your conveyancing solicitor will start off by requesting your property’s title deeds, or if you outright own the property, then you turn it over to them. Once the title deeds are with your conveyancer, it would be his responsibility to make sure that the property information to be included in the draft contract is all correct. Once all of the information is shared with the buyer’s solicitor, he will act as a liaison to answer all of the queries, concerns, and requests of the buyer about the transaction and the property, like what would be included in the sale and the like. 

If you are on the buyer’s end, your conveyancer will help you fix and finalize your mortgage and if you have to pay for Stamp Duty Land Tax. After that, he would already start to carry out the searches on the property so that you know everything about the area and the property that you are buying. 

After everything has been settled only then will the drafting of the contracts, agreements, finalisation, and signing of the final agreed upon contract commence. The signed contracts would be exchanged by both parties to sign off on, and the deposit from the buyer is expected to be transferred already. Once the property is legally transferred to the new owner, the outstanding balance of the buyer should already be turned over to the seller’s conveyancer, and the seller would have to move out completely.

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