What Is Conveyancing? Explained in Plain English
We handle residential conveyancing transactions on a daily basis, including freehold, leasehold and new build properties across the Fylde Coast.
Conveyancing is the legal process that transfers ownership of a property from a seller to a buyer in England and Wales. While it is often described as paperwork, conveyancing plays a critical role in protecting buyers and sellers from legal and financial risk.
During a conveyancing transaction, the legal work differs depending on whether you are buying or selling. For a buyer, this includes reviewing the contract and title, carrying out property searches, raising enquiries and identifying any legal issues that could affect the property. For a seller, it includes preparing the contract documentation, dealing with enquiries and ensuring the legal information supplied about the property is accurate.
Searches and enquiries can reveal issues that are not obvious during a viewing, including planning restrictions, restrictive covenants, boundary issues, flood risk or historic mining activity.
A key part of the process is timing. Many legal issues need to be identified and resolved before contracts are exchanged, because exchange is the point at which the transaction becomes legally binding. Problems discovered after completion can be expensive, stressful and difficult to resolve.
At MJV Solicitors, conveyancing is treated as a protective process rather than a box ticking exercise. The focus is on identifying risks early, explaining them clearly and ensuring clients understand their position before they become legally committed.
Whether you are buying or selling, proper conveyancing helps ensure the transaction is legally sound and that potential problems are identified before they become your responsibility.
For more information about the conveyancing process and how MJV Solicitors can help, read our complete guide to Residential Conveyancing.
