Making your way through the maze of Conveyancing
The process of buying a home is long and tricky. It is to be expected. Not only do you have to find a place you like that is on the market but you have to save up for a deposit as well. You will have to borrow a lot of money so there are naturally going to be quite a few checks and balances to get that money. After you have completed the mortgage application it is time to move on to the next stage. This is where you have to find a solicitor to do the conveyancing work. To help you keep up to date with Conveyancing news is an excellent idea. Blogs about conveyancing written by experts are available at the included link and it is a very good idea to have a look at them.
In short the conveyancing section of the house purchasing process sees the final stages of the move coming together. In the first instance you will need to have a survey done on the property that you are looking to purchase. This is so you can see if there are any issues with it before you finally commit to buying it. It is also for the lender so that they know that the property they are lending on is worth the price you are paying for it. Should you come to sell later, or they need to sell it if there are complications, they will want to know that they can get a good price for it.
The second half is the legal side. The conveyor will look at all the legal documents related to the property such as if there are any covenants set on it as well as any planning permissions that may be active in the area. The results of any of these searches and documents will be reported back to the buyer before any exchange of contracts and final completion takes place.