Potential conveyancing problems

 

When buying or selling a property you may come across the term ‘conveyancing’ quite frequently. This is the process of dealing with all the legal aspects of property transactions such as arranging contracts, conducting searches and getting a structural survey.

Some people embark on these ventures themselves, and they are often met with certain conveyancing problems.

Timing issues

Conveyancing is a complex skill as there are many things to juggle when buying or selling properties, and there are strict time frames in which these things should be done. One of the common conveyancing problems suffered by potential buyers is missing the deadlines for lodging certain documents (e.g. the TR1: freehold transfer form) at the Land Registry.

This can significantly delay the transfer process and more importantly could cause a sale to fall through.

Contracts

Other common conveyancing problems include drawing up contracts, as this requires a certain style and form which many people are not used to. Learning this style is not only a big learning curve but is also a hurdle that could cost both time and money.

Benefits of using professionals

Property solicitors operate in all areas of the UK and some specialise only in conveyancing, having taken the training and exams necessary to earn a licence. They are highly skilled, and often have many years’ experience in property transactions which helps them solve all kinds of potential conveyancing problems.

The most important aspect of a property solicitor, however, is not just to find solutions to conveyancing problems but to avoid them in the first place. Their knowledge, experience and familiarity with the law enables conveyancers to give you sound advice on how best to proceed with a sale.

If you would like to obtain legal advice on any conveyancing problems you have encountered then Contact Law can put you in touch with a local specialist property / conveyancing solicitor free of charge. So, if you have any questions or would like our help in finding local property / conveyancing solicitors please call us on 0808 129 5758 or complete the web-form above.

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