11 Mar Celebrating the 2nd National Conveyancing Week
National Conveyancing Week is upon us and here at Rollasons, we wish to celebrate the wonderful work that is carried out by our amazing Conveyancing team, Jayne Kilsby, Emma Bateman, Rebecca Marmeliuc, and Lauren Quinn, as well as throw some light on what can be the daunting process of buying or selling a property.
Today, we look at the initial stages of when you have had an offer accepted on a property that you wish to purchase and the purpose of instructing a conveyancer/solicitor.
In England and Wales, where property law is intricate and comprehensive, having a legal expert by your side can make all the difference in ensuring a smooth and successful property transaction.
Residential conveyancing refers to the legal process of transferring ownership of a property from one party to another.
It includes a series of steps that must be undertaken to ensure a legally valid and secure transfer of property rights.
What is the Difference Between a Solicitor, Conveyancer, and Case Handler?
“The estate agent has asked me which solicitor I am using, but I have instructed a Conveyancer. Should I instruct a different firm”.
When instructing a company you may hear the person representing you referred to as several terms, such as: Conveyancer, fee earner, Lawyer, Solicitor, Legal Executive, case handler.
Terms can vary between companies or may be used interchangeably. For example, someone who has no qualifications may be called a case handler, whereas a person who has taken the relevant exams may be referred to as a Solicitor, Licensed Conveyancer, or Legal Executive. It is important to note that each firm will have it’s own procedures and titles for staff.
“There don’t seem to be many steps involved, can’t I just do it myself”.
Why a Professionals Expertise is Key:
Legal expertise: property law is intricate and subject to frequent updates. Your case handler should possess in-depth knowledge of the legal landscape and adhere to current regulations.
Title investigation: your case handler should conduct thorough searches to identify potential issues such as disputes, encumbrances, or restrictions that impact you in the future.
Contract drafting and negotiation: a legally sound and comprehensive contract is essential to protect both parties interests. All terms and conditions should be accurately reflected in the contract and negotiated to achieve fair terms.
Administrative tasks: this can include: Land Registry submissions, stamp duty calculations, ordering management packs, and more.
Financial protection: a conveyancer can advise you on potential financial liabilities, such as stamp duty or service charges.
Risk management: property transactions can be risky due to the potential for disputes, hidden defects, or undisclosed liabilities. Your case handler should identify these and help manage the risks so you can make an informed decision.
A conveyancer provides guidance tailored to your specific circumstances to ensure your interests are protected. Instructing a conveyancing lawyer is not just a recommendation, it is a vital step toward ensuring legality, security, and success of your property transaction.
Contact our conveyancing team today on 01327 301771 or email us at info@rollasons.com
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