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A Guide to Buying Your Home: The Role of Conveyancing
So, you’ve had an offer accepted on your dream home – congratulations! This is a thrilling milestone, but it’s only the beginning of the journey.
Once the excitement settles, the next crucial step is to appoint a property solicitor, known as a conveyancer, to handle the legal side of things. In England and Wales, having a qualified conveyancer is essential to ensure that your interests are protected during one of the biggest financial commitments you’ll ever make.
Your conveyancer’s role is to review all the legal paperwork, liaise with your mortgage lender, and coordinate with the seller’s conveyancer to make sure everything is in order. At the same time, your mortgage advisor will arrange for a property survey, which assesses the condition of the home and checks whether the asking price is fair. Once the survey is complete and the mortgage offer is in place, the legal work begins in earnest.
The conveyancers will exchange a series of questions, known as enquiries, to gather more information about the property. These are key to making sure you’re fully aware of any potential issues before moving forward.
Once both parties are satisfied with the details (typically within 6-8 weeks), the contracts are exchanged, which means the deal is legally binding. Before this happens, you’ll agree on a completion date, and from there, it’s just a matter of collecting your keys and starting life in your new home. Don’t forget to thank your conveyancer for helping make this all happen smoothly!
At **The Mortgage Store Cheltenham & Gloucestershire**, we’re proud to partner with a network of trusted local and national solicitors. This ensures that you receive top-notch service at the right price. We’ll handle the conveyancing process on your behalf, so you can relax and focus on the excitement of getting your keys – all with a seamless, stress-free experience from start to finish.
Ready to get started? Let us guide you through every step!