When it comes to buying, selling, or transferring property, a licensed conveyancer is an essential part of the process. But what exactly is a licensed conveyancer and what role do they play in property transactions? In this blog post, we’ll provide an overview of the role of a licensed conveyancer and the services they provide.
Also read: How to find the best conveyancer
What Does a Licensed Conveyancer Do?
A licensed conveyancer is responsible for handling all legal aspects of buying, selling or transferring property in England and Wales. They must have expertise in both real estate law and property law as well as administrative processes related to estate transactions.
A licensed conveyancer will:
- -draft contracts,
- -complete official searches like land registry checks,
- -handle any legal disputes that may arise during the transaction process,
- -manage payment transfers between parties involved in the transaction,
- -and provide advice on legal matters related to the transaction.
A conveyancer will also liaise with other necessary parties during the process including estate agents, solicitors and lenders. They will work closely with you throughout the whole process, providing advice at every step while keeping you informed of any delays or changes which might affect the completion date of your transaction.
Also See: How Long Does Conveyancing Take?
The Role of a Licensed Conveyancer vs. a Solicitor
In some cases, buyers or sellers may choose to hire a solicitor instead of a licensed conveyancer for their property transaction needs. While both professionals offer similar services related to real estate transactions, there are some key differences between them. Solicitors are typically more expensive than licensed conveyancers since solicitors are qualified lawyers who can also provide additional services such as advice on inheritance tax planning or providing assistance with wills or trusts. In contrast, licensed conveyancers specialize solely in real estate transactions so they can often offer more cost-effective solutions for buyers and sellers while still providing expert advice on matters related to their speciality area.
Also read: The Conveyancing Process on the Sale of a Property
What Does a Licensed Conveyancer Do?
A licensed conveyancer is a specialist who deals with all matters related to buying or selling property. They provide advice on legal matters and are qualified to handle all aspects of the conveyancing process from start to finish. This includes drafting contracts, dealing with mortgage lenders, handling searches, and completing the Land Registry documents.
What Does a Solicitor Do?
A solicitor specializes in providing legal advice on various areas of law such as wills, family law, criminal defence, immigration law, etc., but they can also advise on matters related to buying or selling property. Solicitors often work alongside licensed conveyancers as part of a team that handles all aspects of buying or selling property. Some solicitors only provide legal advice while others will draft contracts and handle searches if required by their clients. In addition, some solicitors will also deal directly with mortgage lenders on behalf of their clients.
Also See: How to Appoint a Conveyancing Solicitor
Why Should You Use a Licensed Conveyancer?
There are several reasons why you should use a licensed conveyancer for your property transaction. With their expertise comes to speed; working with an experienced professional will often result in a faster completion time than if you were to complete it yourself or engage with another less experienced solicitor.
Additionally, because they specialize solely in this area of law, they usually charge competitive rates compared to other solicitors who may offer services outside of conveyancing law.
Also read: Step By Step Conveyancing Process
Benefits of working with a licensed conveyancer
Licenced Conveyancer Will Provide Expert Advice
When it comes to buying or selling property, making sure that everything is done properly, legally and within the timeframe required is essential. A licensed conveyancer has extensive knowledge of property law, so they are well-equipped to provide expert advice on any legal matters related to your purchase or sale. This could include giving advice on contracts, mortgages, liens and leases. They can also explain any potential risks involved in the process and advise on how to avoid them.
Licenced Conveyancer Will Save Time
Buying or selling a house involves considerable paperwork and administration.
- -lien releases and more
They will handle all administrative tasks such as liaising with estate agents, mortgage lenders and solicitors; this saves you time so that you can focus on other important tasks during the buying/selling process.
Licenced Conveyancer Will Protect Your Interests
A licenced conveyancer will always act in your best interests; they will strive to ensure that everything is done above board from start to finish. They will ensure that all documentation is accurate before being sent off for signature.
This reduces the risk of errors which could lead to costly delays down the line. Furthermore, they will be able to spot any discrepancies in your contract which could potentially have detrimental effects if not rectified quickly.
Also read: Can You Change Conveyancing Solicitors?
How to Find a Licensed Conveyancer
To ensure that you get the best service, it’s important to find a licensed conveyancer who is experienced, reliable, and trustworthy. Here’s what you need to know about finding a qualified conveyancer.
Checking for Qualifications and Licenses
The first step when looking for a qualified conveyancer is to make sure they have the right qualifications and licenses. All licensed conveyancers must be registered with the Council for Licensed Conveyancers (CLC). You should also check that they are authorized by HM Land Registry as well as being properly insured with professional indemnity insurance.
Researching Your Options
When researching potential licensed conveyancers, it helps to start by getting referrals from friends or family who have recently purchased or sold a property. You should also look online for reviews of local lawyers and solicitors who offer conveyancing services. Additionally, you may want to visit websites like FindLaw UK as well as The Law Society website, which offers a directory of solicitors across England and Wales.
Finding Experienced Professionals
It’s important to find someone with experience when selecting a conveyancer. The more experience they have dealing with different types of property transactions, the better equipped they will be to handle your particular case. In addition, make sure that they specialize in residential property law so that they can give you sound legal advice based on their knowledge of current legislation and regulations regarding real estate transactions.
If you’re looking to buy, sell or transfer property then you should consider hiring a professional who specializes in these types of transactions. A licensed conveyancer. A qualified professional can help make sure your transaction goes smoothly by taking care of all legal aspects that go along with it including drafting contracts and performing official searches like land registry checks.
Not only will this save you time but it can also save you money by helping you avoid costly mistakes that could arise from attempting to handle such complex matters without professional assistance. If you’re looking for an experienced professional for your next property transaction then look no further than a licensed conveyancer!