Conveyancing Is Best Done by A Professional

Although it is not strictly necessary to engage a solicitor when you are buying a house, it is recommended. The reason for this is that for most people it is the largest monetary transaction they will make in their lifetime.

There is a lot at stake and you do want things to go well and as smoothly as possible. We have seen that there have been fraudulent transactions involving hackers and it is important that you instruct competent Conveyancing Solicitors Shepperton upon whom you can rely for a secure transaction system.

If you need a mortgage as most people do, the first thing that has to happen is to have a survey of the property done. This is to ensure that there are no hidden faults and if you go for a full survey and things still go wrong, at least you have some redress.

Sometimes faults do not come to light after you have moved in. If you have instructed a competent surveyor he will be properly insured against such things happening.

A solicitor will tell you from the outset how much the transaction is going to cost you. This will include charges for his time and also the various searches and other incidentals that have to be paid for.

You should make sure that every conceivable cost is included so that there are no nasty surprises along the way.

Once you have instructed your lawyer he will inform the estate agents. They will have the name of the sellers’ solicitor and the process can then proceed. The seller has to prepare a pack with all details of what is being left and what is in the property.

You should peruse this carefully to make sure that at the end of the transaction fixtures that were said to be included have been removed.
The application for a mortgage is the action that will take the most time. This is especially true if you are a first time buyer and you need a sizeable advance. The property will have to be valued by the bank or building society.