What does 'Conveyancing' mean when buying a property?

Find out what Conveyancing means when you are buying a property. 'What does Conveyancing mean?' plus over 150 other property related terms and jargon in plain English

Conveyancing

The name given to the legal side of the property buying process. In most cases a property solicitor will carry out the conveyancing - they may be referred to as the conveyancer.

In other words during a property transaction:

  • "Have you instructed a conveyancer?"
  • "Have you instructed a solicitor?"
    • Both mean the same thing - have you hired a solicitor to act on your behalf for the purchase of the property.

      It is possible for you to carry out your own conveyancing but at your own risk. Solicitors are insured against losses caused by their negligence, you are not so any mistakes you make which cause you to miss a fact that has a substantial effect on the property's value will be down to you.

      To find out more about the Conveyancying process, what is involved and how you can speed it up, pick up a copy of my ebook How to Really Buy a Property.

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      How to Really Buy a Property

      "... well financed conveyancing firm will charge a higher fee, but it will be appropriately staffed and have the technology to move things through quickly. Leaving your decision until after your offer has been accepted will lead to the same panic as not organising your finances and could leave you with many..."
      "... surveyor will confirm the market value of the property but it is the solicitor who will raise flags on anything unusual that may affect this value. If, after receiving the paperwork from the solicitor you hired, the lender feels the conveyancing has not been carried out competently they will refuse to lend until a solicitor they trust has been over the documents and raised any enquiries of their..."
      "... are bound to have lost the property before anything is resolved. - The New Breed of Conveyancers - In recent years there have been two changes in the world of conveyancing solicitors: Small firms have recognised the future is in size and merged, bought other firms or been taken over..."
      "... large conveyancing firms feel it is efficient to break down the process into bits which are dealt with one by one. First they check the title, fixtures and fittings list, sellers questionnaire and contract have all arrived. Only when all documents are in do they then pass it onto the next stage. This is handled by a different team who order the local searches and wait for the..."
      "... is a very tempting offer from solicitors and even though it is not quite as good as it sounds, it means your solicitor is motivated to get the conveyancing completed quickly. Technically the "no fee" relates to the labour part of the fee. In other words you will still have to pay for local searches and other charges but they won't charge you for their..."
      "... deal about how they understand technology and modern working methods |YES | Does the solicitor regularly carry out conveyancing in the area that you are buying? --- NO ---> Avoid - small issues will take a long time to get resolved as they do not have the..."

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