Solicitors

Top reasons for a delay in the conveyancing process

Top reasons for a delay in the conveyancing process

By Sara Hughes, Team Leader in the Conveyancing Department at national law firm Stephensons.

The conveyancing process can be delayed for a number of reasons which are often out of the control of your solicitor, mortgage lender or estate agent. Below are the top reasons for delay that are regularly seen by our residential conveyancing team and what you can do to minimise, or where possible, avoid any delays in the process.

Evidencing where your money and/or a gifted deposit has come from

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A step-by-step guide to the conveyancing process

A step-by-step guide to the conveyancing process

Transferring ownership of a property from seller to buyer, known as the conveyancing process, begins when the offer is accepted by the seller. When you’re buying a property, instructing a solicitor will help keep the complicated and lengthy conveyancing process running more smoothly.

 

Step One: Choose a Property Solicitor

Online conveyancing services often appear to be the cheaper option, but working with a qualified, local solicitor, with knowledge of the area means you won’t have to pay for any extra unnecessary checks. Document transfer is also much quicker in person rather than relying on the postal service.

 

Step Two: Terms of Engagement

Think You're Ready To Become A First Time Buyer

Think You're Ready To Become A First Time Buyer

Revealed: The UKs’ Top 10 Questions Asked by First Time Buyers
 
Getting ready to buy a first home can often be a daunting experience. Taking the plunge into an unfamiliar world of credit scores and mortgages can often lead first time buyers to turn to the Internet to provide them with the answers they need.
With average house prices increasing and people investing more time searching for their ‘forever home’, Strata has investigated the most common questions first time buyers are faced with.