Conveyancing typically takes between 12 and 16 weeks to complete, however delays are common which can prolong the process even more. If you’re already under time constraints, here are some tips to keep in mind.
-
Instruct a conveyancer before putting in an offer
Conveyancing solicitors need to conduct anti-money laundering checks before they can start working, so instructing a conveyancer before you have formally made an offer can be enormously beneficial.
2. Seek independent legal advice
Purchasing a property is a complex process with many obstacles. If you are experiencing circumstances that further complicate the process, such as a separation or assisting your child with the purchase of a property, it is important to seek independent advice from a trusted team such as the one that can be found here: https://www.samconveyancing.co.uk/news/conveyancing/independent-legal-advice-4849.
-
Arrange your mortgage in advance
Before you start looking for a property, it is important to understand the type of mortgage you are looking for and how much you will be able to borrow. Lenders can offer something called a Mortgage Agreement in Principle which can help to ensure that your mortgage application progresses quickly after you have an offer accepted.
4. Arrange surveys and searches quickly
From instructing your conveyancer to order local searches to getting a date in the diary for your survey to be completed, understanding the various checks that need to be done before you complete on a property can help to keep things moving efficiently.
5. Request frequent updates
Don’t be afraid to request regular updates from your estate agent and your conveyancer, as it is important that you’re fully up to date with how your purchase is progressing. It can also be beneficial to ask whether there’s anything else you need to do to prevent avoidable delays.
