Buying or selling properties are never an easy task to do. It requires lots of time and patience. But the most important of all is the right guidance about it. If you do not have any ideas about what to do and how to do then it becomes more difficult to complete such works. Before buying or selling any property it is better to know about the procedures and loopholes beforehand, so that you don’t get yourself in any trouble. The procedure in which the ownership of property is transferred legally is known as conveyance. Now knowing about conveyancing the first question comes across our mind is can I do my own conveyancing? The answer for this question is yes always. You can do your own conveyancing. But for that you should know the pros and cons of conveyancing.
Conveyancing starts from finding land or buyer to signing the contracts. In between these there are lots to do. For all these reasons people sometimes get scared. But if you know the right thing to do then you do not need to get worried. The best solution for these is to hire a property conveyancing specialist who will do all the works regarding transferring the ownership of that property. All you need to do is to hire someone and keep track of the works and you are done. But in case if you want to do the conveyancing by you then you need to keep in mind some factors regarding this.
First of all, if you are a buyer then, you need to find the perfect property which will serve your purpose best. But before fixing any property you should take care of few details. Like- if there are any problems of roads, drainage which can affect the property. Then you should check whether the property is sellable or not, if there is any case on the property or is there any dispute regarding the ownership of the property. If these things occur then you should not proceed with the deal. You should also check if there is any mortgage on the property. When these all are sorted and you could make your mind on which property you will buy the toughest time starts. Once you are done choosing the property the paper works begins. Check all the points of the contract and all the pother necessary papers before signing. If there is any stamp duty then pay it within thirty days. Don’t delay on any kind of payments regarding the deal. Apply for land registration within two months of purchasing.
If you are the seller then you need to find the buyer for your property. For selecting buyers you can set meetings and then should and must check the background of the buyer and only then you should proceed. If the buyer is genuine then get done with the paper works carefully. As it is a legal procedure it is good to have a legal advisor for these works and then decide the transaction method beforehand.
It is really a difficult job for both the buyers and the sellers. If you want to decrease the difficulties then it is wise to have a conveyancer. He/she will handle all the works. All you need to do is to pay them according to the contract you will have with them. You can hire a conveyancer from any farm. You can also go for online conveyancing service. But you need to be careful while hiring someone. Do check all the necessary information regarding fees specially. But if you are cautious then it will not be any problem.