This guide explains how conveyancing solicitors can help you with buying or selling a property in the UK. We cover key steps in the conveyancing process, relevant legislation and legal requirements, and the roles of various parties involved.
If you’re looking to buy or sell a house / flat, land or commercial property, we also signpost local conveyancers in cities across England, Wales and Scotland.
What is Conveyancing?
Conveyancing is the legal process of transferring property ownership from one party to another. There are several stages to the process if you buy or sell a house / flat, land or commercial property – from searches and financing through to contracts, and taxes and registrations post-completion.
Whether buying or selling a property, understanding conveyancing law or good advice and support from a licenced conveyancer is crucial.
Stages of the Conveyancing Process
The conveyancing process can be broken down into the following stages:
1. Preliminary Steps:
- Instructing a Solicitor or Conveyancer: The first step in the conveyancing process is to hire a solicitor or licensed conveyancer. They will handle the legal aspects of the transaction.
- Drafting the Contract: The seller’s solicitor prepares the draft contract, which includes details about the property, the sale price, and any fixtures and fittings included.
2. Property Searches:
- Local Authority Search: This search reveals information about the property’s local area, including planning permissions, building regulations, and potential developments.
- Land Registry Search: This confirms the seller’s legal ownership of the property and checks for any restrictions or rights affecting it.
- Environmental Search: This assesses environmental risks in the property’s vicinity, such as flooding or contamination.
3. Pre-Contract Enquiries:
The buyer’s solicitor raises queries about the property based on the draft contract and search results. The seller responds to these inquiries, providing necessary information.
4. Mortgage and Finance:
If the buyer requires a mortgage, they should finalize their mortgage offer and ensure all financial arrangements are in place before proceeding with the transaction.
5. Exchange of Contracts:
Once all queries are resolved and both parties are satisfied, contracts are signed, and a deposit (usually 5-10% of the purchase price) is paid by the buyer. At this point, both parties are legally bound to the transaction.
On the agreed completion date, the balance of the purchase price is transferred from the buyer to the seller. The keys are handed over, and the buyer officially takes possession of the property.
- Stamp Duty Land Tax (SDLT): The buyer must pay SDLT, a tax on land transactions, within 14 days of completion.
- Registration at the Land Registry: The buyer’s solicitor registers the change of ownership with the Land Registry, updating the official records.
Note on Leasehold Properties:
For leasehold properties, additional steps are involved, including reviewing the lease terms, obtaining management information, and complying with ground rent and service charge requirements.
Conclusion: Successful Completion of the Conveyancing Process
There are key stages of the conveyancing process that require attention to detail and adherence to legal requirements. Hiring a qualified solicitor or conveyancer is essential for a smooth and successful property transaction. Whether buying or selling, understanding the conveyancing process in the UK is vital for ensuring a legally sound and secure property transaction.
Conveyancing Solicitors in London
Osbornes Law has a team of experienced conveyancing solicitors in London, UK. This distinguished legal firm recognised for its excellence across several fields of law, including property.
Osbornes Law marked a significant milestone in 2023 as the firm commemorated its 50th anniversary. From its humble beginnings as a two-partner firm, it has evolved into one of London’s premier private client law firms, boasting a team of 160 lawyers and staff.
9 Pratt Street,
London, NW1 0AE
Tel: 020 4502 8784
Conveyancers in Bristol
With a team of expert conveyancers in Bristol, Henriques Griffiths Solicitors operates two local offices, catering to both business and individual clients throughout Gloucestershire, England, and Wales.
The growth of this firm can be attributed to a reputation built over many years of active involvement in both local and broader communities. Their ongoing expansion is fueled by the provision of contemporary legal services that cater to the evolving needs of clients.
18 Portland Square
Tel: 0117 909 4000
Conveyancing Lawyers in Sheffield
Wake Smith Solicitors
Wake Smith Solicitors have been providing expert legal counsel in various fields, and has expert conveyancing lawyers in Sheffield, South Yorkshire. This law firm was established in 1802.
For over two centuries, Wake Smith Solicitors has been a prominent legal firm in South Yorkshire, and is based in Sheffield. The firm has developed a commendable reputation for establishing prosperous professional connections. By understanding the legal needs of both businesses and individuals, Wake Smith has consistently upheld and strengthened its position as a premier law firm in Sheffield.
2 Tenter Street
Tel: 0114 266 6660
Conveyancing Law in Birmingham
Solicitors for Personal and Business Matters, this team offers expertise in conveyancing law in Birmingham and the West Midlands of England.
These expert lawyers take pride in simplifying legal matters, whether they are straightforward or complex. Their goal is to provide clear and practical legal advice, aiming to attain the best possible outcomes for their clients.
75-77 Colmore Row
Tel: 0121 217 9000
Conveyancing Solicitors in Manchester
Clifford Johnston & Co Solicitors
Clifford Johnston & Co stand as prominent solicitors serving Stockport, Manchester, and Cheshire, providing specialised advice and support across a diverse spectrum of legal services.
As highly qualified and specialised solicitors in Stockport and Manchester, Clifford Johnston & Co is a dependable source for expert legal advice and representation. Their commitment is centered on delivering the finest legal guidance and advocacy. Rooted in exceptional values and a commitment to excellent standards of client care, their practice is here to serve you.
Clifford Johnston & Co.
434 Burnage Lane
Telephone: 0161 246 2042
Conveyancers in Liverpool
Guy Williams Layton Solicitors
Guy Williams Layton is the amalgamation of several esteemed firms with a longstanding presence in delivering legal services across the North West. They have a team of expert licenced conveyancers in Liverpool, Merseyside.
Guy Williams Layton has successfully brought together multiple reputable firms with a rich history of delivering legal services across the North West. Their offices are now located in Liverpool City Centre and Heswall on the Wirral. They strongly believe that their size positions them ideally—small enough to genuinely care about clients and service, yet large enough to provide top-notch legal advice and support.
11/13 Victoria Street
Tel: 0151 236 7171
Conveyancing in Leeds
Lester Campbell Solicitors
Lester Campbell, a conveyancing solicitor in Leeds, offers premier residential and commercial property services to clients across Yorkshire. Get an instant online conveyancing quote today.
Recognising the inherent stress in property transactions, this team is committed to seamlessly managing any commercial or residential transaction on your behalf. In the face of challenges, they provide expert advice and navigate through issues swiftly.
With years of experience in the property market, their dedicated and independent small business is focused on supporting local communities. They demonstrate this commitment through initiatives such as their charity of the year program, contributing to the thriving growth of local communities.
17 Park Place
Tel: 0113 467 0100
Conveyancing Solicitors in Newcastle
Beecham Peacock Solicitors
Beecham Peacock’s team of conveyancing solicitors in Newcastle is ready to assist you with any property law matters, whether it’s buying or selling a home or re-mortgaging your property. With a collective experience of 180 years within their team, they are excellently positioned to support individuals in Newcastle with their property law cases.
Since its establishment in 1953, Beecham Peacock has evolved into one of the leading law firms in the North East. Their extensive experience is paralleled by expertise and commitment to quality. This team of solicitors comprises specialists in various areas, including property law and related services.
7 Collingwood Street
Newcastle Upon Tyne
Tel: 0191 232 3048
Conveyancing Law in Nottingham
Trent Law Solicitors
Trent Law Solicitors provide legal counsel across various domains, including commercial and residential conveyancing.
Trent Law Solicitors is a trustworthy and exceptionally forward-thinking legal firm. They work to deliver dependable services at an affordable cost, ensuring utmost client satisfaction. Their legal guidance is designed to support clients through any challenging situation they may encounter and help them attain their desired outcomes.
16 The Triangle,
NG2 Business Park
Tel:0333 3444 397
Property Lawyers in Glasgow
The Glasgow Law Practice
Reach out to the Glasgow Law Practice for amiable and expert legal guidance. Their lawyers offer counsel on various legal matters, including Property law.
Get in touch with the Glasgow Law Practice for personable and expert legal guidance.
90 Mitchell Street
Glasgow G1 3NQ
Tel:0141 552 8553
Conveyancing Law in Cardiff
Redkite Solicitors stand as a premier legal firm delivering expert legal counsel to both individuals and businesses in Cardiff for decades.
In facing life’s challenges, Redkite Solicitors are here to assist in safeguarding what is most important to you. With a legacy spanning over a century, they have been supporting individuals, families, and businesses in our community with a comprehensive range of legal services.
17 Churchill Way
Tel: 029 2049 1271
Conveyancers in Edinburgh
Fergusson Law specialises in Private Client Solicitation and Estate Agency services. They provide a variety of affordable fixed-price legal solutions, and have a team of expert conveyancers in Edinburgh, Scotland.
This law firm offers expert guidance that encompasses every facet of private client matters, such as Estate Administration (referred to as Executry), Wills, Trusts, and Taxation, including Inheritance Tax. Their aim is to reassure clients that their wealth and interests are safeguarded while ensuring the realisation of their wishes. They are consistently approachable, available, and ready to assist.
25-27 Barony St
Tel: 0131 556 4044