Conveyancing is a long process that requires careful adherence to the law. There are many legally binding documents to be filed during conveyance. A lot of research must also be conducted. These and many others are the reasons Why You Need A Solicitor for Conveyancing. This work cannot be undertaken by ordinary people who know little about the rules governing conveyance. A solicitor’s job extends beyond the completion of conveyance. While the new owner of the property is settling in, a solicitor must still finish up signing documents and paying taxes on behalf of his client. This means that even a solicitor who is buying a property should hire a conveyancer to help him with the process while he concentrates on moving into his new property.
A conveyancer will help a buyer understand the type of property that he intends to buy. Most buyers judge properties by looking at its physical appearance rather than the kind of arrangement governing property ownership. They only see a house as nice to live in without giving thought to the living arrangements that are awaiting them. This is understandable because the concept of property ownership is complicated and is only clear to those who specialise in the conveyance. A solicitor will clearly explain to his client the type of ownership that he will get into if he buys a property. A buyer can be a freehold owner, a leasehold owner, a commonhold owner, or a shared property owner. Each of these types of property ownership is different from the other. They have their advantages and disadvantages. In fact, every type of ownership attracts different solicitor fees.
Solicitors are mediators of buyers and sellers. Buyers and sellers rarely meet or communicate directly during conveyancing. The buyer’s solicitor communicates with the seller’s solicitor, on behalf of their client. This is partly because property transaction is a professional business and not an opportunity to make new friends. The relationship between buyers and sellers end with the completion of conveyance. The solicitors can communicate through postal mails, emails or phone calls. The solicitors have an obligation to share everything that goes on during the transaction with their clients. They must be honest about changes made in drafts, and findings of research.
Solicitors conduct property research. Property research aims at determining property ownership and unearthing other issues surrounding the property. Both the buyer and the seller need documents from the Land Registrar to confirm who the owner of the property is. The seller must have title deeds and any other documents related to property ownership. The seller’s solicitor must also get a copy of the title deed from the Land Registrar.
Property research elucidates water and sewerage drainage of property. A buyer must know who supplies water to the property of interest, how much water is supplied, any rules regulating water supply. He must know the location of the piping system around his property so that if he has to make changes, he will know where to find the pipes. Sewerage research clarifies the ability of the sewerage system to remove waste products from the property. If water and sewerage system is not up to the buyer’s standard, he may withdraw from the conveyance, or make arrangement for better systems. Solicitors also conduct mining research and general environmental research.