Buying vs Selling. What’s the Difference?

We handle residential conveyancing transactions on a daily basis, including freehold, leasehold and new-build properties across the Fylde Coast.

Conveyancing differs depending on whether you are buying or selling a property. While both involve legal documentation and contracts, the solicitor’s role and focus change significantly.

When selling, the emphasis is on disclosure. Sellers must provide accurate information about the property, including disputes, alterations, and any known issues. Failure to disclose relevant information can lead to claims after completion.

When buying, the focus is on investigation. The buyer’s solicitor reviews the title, examines searches, raises enquiries, and identifies risks before contracts are exchanged. This protects the buyer from legal or financial problems that may not be obvious.

At MJV Solicitors, both buyers and sellers are advised with the same objective: a smooth transaction and proper legal protection. Understanding the different responsibilities on each side helps prevent disputes and delays.

While buying and selling may appear similar, the legal burden is very different. Sellers are primarily responsible for accurate disclosure, whereas buyers must investigate risk and rely on their solicitor to identify issues.

Many buyers assume the property is “as seen”, when in reality legal title, rights of way, and restrictions are often not visible.