What Should You Know About Conveyancing?

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WHAT SHOULD YOU KNOW ABOUT CONVEYANCING?

Conveyancing is the legal process of transferring ownership from one person to another. All property purchases must go through the conveyancing process to be legally binding.

Three Things You Should Know About Conveyancing Multi-step Process Conveyancing is a multi-step process that includes: Draft of a Contract, Property Searches and Surveys, Exchange of Contract, Completion, and Land Registry.

Time Required The time required to complete the conveyancing process is 12-16 weeks. Often, a property transaction fails due to various issues in conveyancing.

Failed Conveyancing Nearly 1/4th of conveyancing transactions fail due to issues discovered after the initial draft of the contract.

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