If you have decided that now is the time to sell or buy a property, you may find yourself feeling a little overwhelmed. Well, here is a little guide to help you start the process, as stress free as possible.
Estate agents help you sell your house as a seller or help you find a new home as a buyer and are crucial to the process. They are the people responsible for marketing the property and creating the interest. Viewings of the property will be handled by them and they are the ones who will deal with the price negotiations between buyer and seller. Once an offer has been agreed then it is over to your chosen solicitor or licensed conveyancer.
Solicitor or Conveyancer
A solicitor/conveyancer is the person who will handle the legal aspects of your transaction. Solicitors are regulated by the Solicitors Regulation Authority (SRA) and have undertaken years of training to become the expert you need. Solicitors have the expertise to deal with various aspects of a sale/purchase as well as lease extensions, remortgages, separation of titles, sales under the terms of a court order in relation to the matrimonial home and much more.
Our Solicitors at BakerLaw can advise you on many other aspects of property law, guiding you through the often-complex process.
Licensed conveyancers are regulated by the Council for Licensed Conveyancers (CLC). They specialise in residential property.
When acting on your sale, we provide information to your buyers, negotiate and agree the terms of the contract, liaise with your mortgage lender, discharge your financial liabilities attached to the property and make sure the sale is legally executed.
When acting for you on your purchase we will examine the information supplied and make sure that the property you are buying will be a home and not a legal disaster. By conducting searches with local authorities, utility companies, environmental companies and more we will be able to discover if the beautiful view that drew you to the property will be gone in 5 years’ time due to the proposed construction of a supermarket, or if the house is built on contaminated land.
Want less stress?
When you have made the decision to sell or buy a property, start shopping around for your estate agent/solicitor/conveyancer/surveyor. Ensure you have the correct expertise and team to seamlessly guide you through your matter, stress free.
If you would like more information in relation to this article or you have a property matter that you would like to discuss, please get in touch with BakerLaw’s property team.
This article is not a definitive statement of the law. It is designed as a free update on the law at the time of publishing. It is not a substitute for legal advice on specific facts and circumstances. BakerLaw LLP and/or the writer accepts no liability or responsibility for reliance on this article and recommends that you seek independent legal advice on your specific circumstances prior to taking any steps.