On the average and given minimal issues, property conveyancing can take roughly 6 or 8 weeks (conveyancingcalculator.co.uk) . This begins from giving your conveyancer the instructions and go about it; till the seller receives the payment, and they hand over the documents and the keys.
As a buyer, here are seven things to make the process less stressful for you.
Carefully Choose Your Conveyancer
This is the most important bit (https://www.conveyancingcalculator.co.uk/index.cfm/average-conveyancing-fees-costs/) . Delays are often, and very likely, caused by incompetent conveyancers, and if you have to put up with one, you can expect a lot of time wasted, and stress felt. Ask for quotes, to begin with. This will help you work on your budget, and you’ll see how much they charge in basic fees plus the costs of the processes they will pay for on your behalf and charge you towards the end. Make sure you receive a cost-efficient and transparent quote, with itemized details. Also, it’s important to know that your conveyancer looks after your best interest all the time, and will still be in charge when problems arise.
Get Things in Order
Have a conveyancer ready to instruct ahead of time. Arrange your mortgage applications as well. This will help speed things up a bit as soon as you make your offer.
You may think that it’s enough to have an Agreement in Principle from your lender, but you may have more advantage here if you’ve your mortgage arrangements ready.
Get More Things Sorted
Have information ready for your solicitor, together with the documents, to reduce the waiting time. Have your deposit money ready and consider the notice periods on savings accounts.
Stay In Touch
Don’t forget that conveyancers do things based on what they are instructed, so make sure that you constantly talk to them to get things going and keep them moving (https://www.conveyancingcalculator.co.uk/index.cfm/compare-quotes/) . Let them know of any changes in your situation and ask them about what other documents are needed. Tell them if you’ll be away for some time in the middle of the transaction. Also, have your conveyancer explain things that you don’t understand.
Keep It Simple
Adding other legal works in the middle of the conveyancing process will slow things down. Although getting a lease extension or buying the freehold is pretty straightforward processes, they could add more weeks and even months to your turnaround time. If it’s inevitable, timescales will have to be adjusted to accommodate the process.
Keep It Real
Consider the amount of legal work required to get the whole thing done, especially if you’re buying a leasehold property, which absolutely takes relatively longer. You should also expect Local Authorities to take a few days to release the search results. Chain of other transactions will also slow you down towards completion, so factor these in and set your expectations properly.
While the process can take a lot of weeks and sometimes bring you on the brink of melting down, stay calm. Conveyancing issues may come along the way, and they require your presence of mind. If you choose the right solicitor by asking for conveyancing quotes online, communicate well with them, and you can expect things to get sorted.