Buying a property in the UK

If you are ready to buy a new house or flat, you will need an expert conveyancing solicitor to help you with the conveyancing process. Buying a property is a complex and stressful process for most people, which is why you need an expert to support you throughout.

The right conveyancing solicitor will be:

  • Transparent about all their fees
  • There for you when you need them
  • Keep you fully up to date throughout the process
  • Provide you with quality advice and support
  • Efficient, to ensure the process is completed as quickly as possible

The conveyancing process for buying a property in the UK

To buy any property in the UK you will have to go through a lengthy conveyancing process. This process starts with you choosing a property and making an offer to the sellers’ real estate agent. Their real estate agent will inform their client of your offer, and if they are happy with the offer and accept, you must then start the process of finding a conveyancing solicitor and mortgage advisor that is right for you.

  1. Instructing a conveyancer

After the seller has accepted your offer you will need to find and instruct a conveyancing solicitor to handle the conveyancing process for buying property on your behalf. You can look at conveyancer’s websites or use comparison companies to find the best quote, but you should also look at the quality of service that is provided. You can read reviews from previous clients and check out the solicitor’s website for qualifications and accreditations.

Buying a property can be confusing, even if you have done it many times before. Buying property is stressful for most people, so you need to find a conveyancer that will help you to avoid any unnecessary stress or unclarity throughout the process.

  • Getting a mortgage

If you are like most buyers, you will need a mortgage to purchase your new property. An expert mortgage advisor can advise you on what type of mortgage will be best, find you the best offer/rate and apply for your mortgage on your behalf. Depending on the advisor you may need to pay a one-off fee. Others offer their services free of charge.

Your conveyancing solicitor will not be able to advice you on mortgages or help you select the offer that is right for you.

  • Searches and checks

After your chosen mortgage provider has accepted your application and your solicitor has been instructed the conveyancing process gets started. Your conveyancer will contact the seller’s solicitor and exchange all relevant information. They will then check all the documents and contracts while carrying out all the relevant searches for the purchase of the property. These checks and searches need to be carried out to ensure that you won’t be facing any surprises about the property or location of its build in the future.

Searches may highlight things such as planning permissions granted in the near vicinity, flood risks and other matters which could affect the value of your property over time.

  • The final steps of buying UK property

When the searches and checks have been completed to your satisfaction it’s time to set a date for the exchange of contracts and paying of the deposit. When exchanging contracts you are legally tying yourself to the purchase. If you pull out of the purchase after you have exchanged you will lose your deposit.

You may not yet move into your property, as you must wait for completion to receive the keys.

After contracts have been exchanged, the deposit is transferred to the seller’s solicitor and the title deeds are  transferred. Once the completion funds are received by the seller’s solicitor, the sale is completed, and the seller drops off the keys to the estate agent.