What does Conveyancing mean?
Conveyancing is the process of transferring ownership of property from one person to another.
A conveyancer is a lawyer who specializes in the study of title deeds and other documents related to property transactions.
What is including in the conveyancing process?
Preparing an offer for Sale or Purchase
• Support with the satisfying of conditions as set out in the Property Sale and Purchase Agreement
• Confirmation that the conditions have been fulfilled
• Post confirmation and preparation for Property Transfer
In addition, your conveyancing lawyer / solicitor will:
• arrange for the execution of the A&I’s – which transfers ownership to you.
• check that the rates and other costs are paid and up to date.
• check that you have arranged insurance for your new home from settlement date.
• carry out a ‘guaranteed search of title’ from the Land Information Office. This protects you from anyone else having a claim over your property.
• make arrangements with you and the bank for advancing of your loan and payment of the remaining share of the purchase price (excluding your deposit).
