If it is your first-time buying property, “conveyancing” is one of those jargon words that may not immediately make sense. Conveyancing is the legal service of transferring a property from one owner to another. We will walk you through the details so you can feel more secure during your move so you can have peace of mind.
Online conveyancers are often cheaper than traditional face-to-face services due to lower overheads. However, it is crucial to ensure that quoted fees have no unexpected hidden costs.
The cost of conveyancing fees can be influenced by multiple factors such as the property’s value and the complexity of the sale. The average cost of conveyancing is around £2,368.
Online conveyancing can potentially be faster because of the efficiency of online document management. This allows for quicker sharing of documents and updates. However, if the transaction is more complex, then this can increase the amount of time the process will take.
On average, conveyancing takes around 8-12 weeks to complete.
Although it is possible to do your own conveyancing and there are no legal restrictions, there are many reasons that you should leave conveyancing to the professionals.
DIY conveyancing can be complicated and time consuming. Using a qualified conveyancer can avoid potential legal issues, and problems with mortgage lenders who will not want to take the risk.
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