Conveyancing is the legal bit before your dream home becomes your actual home.
The conveyancing process starts when your offer on a house is accepted and finishes when you receive the keys.
Your solicitor will carry out checks with the Local Authority and other parties to see if there are any building controls or environmental issues you should be aware of.
Your solicitor will raise enquiries with the seller’s solicitor to ensure that they have all checked everything there is to check about the property you're buying. This can be a lengthy process.
They need to ensure that the property can legally be transferred into your name and that you have all the information required in order to be able to sell the property on in the future.
To ensure funds land in the right accounts, your solicitor will arrange and carry out the transfer. This incurs a bank charge.
Your solicitor will verify both your identity and the legitimacy of the other parties. You really don't want money falling into the wrong hands.
Properties bought for over £125,000 in England are subject to Stamp Duty. It's your solicitor's job to ensure you pay the correct amount.
Your solicitor registers the property with the Land Registry and obtains the new title deed for you. This is the document showing you as the new owner of the property.