LEGAL
Common questions from a first time buyer about conveyancing A first time buyer will of course have no experience of instructing or using a conveyancer. Here Adam Crawford, Partner at Prince Evans Solicitors LLP, looks at some of the common questions a first time buyer may ask
Q What is conveyancing and why do I need a conveyancer? A Conveyancing is the legal process of transferring a piece of land from one party to another. You need a conveyancer to advise you on all of the legalities of buying a property such as the terms of the contract, the legal title to the property and the result of any conveyancing searches. Your conveyancer will ensure you have a good and marketable title to the property for both you and your mortgage lender’s interest. Q Do I need to choose a local conveyancer and how do I choose a conveyancer? A No, and often it may be wise not to as your local conveyancer may not have the necessary expertise for the nature of the property you are buying. For example, if you are buying a new build or shared ownership property you would be wise to ensure that your conveyancer has ample experience in this area. Often you will be recommended a specific conveyancer by your agent/ developer/housing association/mortgage adviser. It would certainly be worth talking to the recommended conveyancer as they will, in the main, be recommended as they are trusted by the person recommending them to do a good job or have the specialist expertise required. Most conveyancers do not require their buyer clients to visit their offices and operate using email, post and telephone, and in this day and age, with the technology available, there is no need for restricting yourself to a local conveyancer. Finally, shop around and look at reviews and remember the cheapest option is often not the best option and could be reflected in the service you receive. Your relationship with your conveyancer will be crucial for
92
First Time Buyer February/March 2022
FTB 92-93 PrinceEvans February-March22.indd 92
18/01/2022 13:30