Important information for anyone buying or selling property in the UK
When you are buying or selling a house, you need to get involved in a process known as residential conveyancing. But what does the term 'residential conveyancing' mean? And who can help you understand and get through this process? After all, at such a stressful time as moving home, you've got enough to think about already.
Residential Conveyancing
An important legal process which must be carried out properly
Property conveyancing is the legal process by which a house or a flat is transferred from the seller to the buyer. Obviously, it is extremely important that this process is carried out correctly. Although it is possible to undertake the conveyancing process yourself, there is a lot of room for error, and mistakes made through ignorance or inexperience can be costly.For this reason, it is best to engage the services of a solicitor to take care of the residential conveyancing process. Although this adds to the cost of buying or selling property, the reduced risk of a mistake being made during this complex process could save you a great deal of money.
Specialist conveyancing solicitors will have the knowledge and experience to steer you through the maze of residential conveyancing quickly and confidently. This leaves you free to concentrate on all the other issues that come with buying or selling your home, such as surveying, arranging mortgages, and getting ready for moving day.
A good solicitor can also help you through the minefield of Home Information Packs, which were introduced in the UK in 2007. This new legislation requires homeowners to assemble much of the information about a property prior to sale, and it is vital that you seek expert advice when collecting this information.
'Conveyancing' on Wikipedia
For a more detailed explanation of the conveyancing process, take a look at this article from Wikipedia.
In law, conveyancing is the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien.Black's Law Dictionary (7th ed. 1999)
The term conveyancing may also be used in the context of the movement of bulk commodities or other products such as water, sewerage, electricity, or gas.
A typical conveyancing transaction contains two major landmarks: the exchange of contracts (whereby equitable title passes) and completion (whereby legal title passes). Conveyancing oc...
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Residential Conveyancing Books
Learn more about the residential conveyancing process with these books available from Amazon
Uk Waste Management Law (Property & conveyancing library)
Amazon Price: (as of 12/24/2009) 
Storey's Conveyancing
Amazon Price: (as of 12/24/2009)
Conveyancing
Amazon Price: (as of 12/24/2009)
Professor McDonald's Conveyancing Manual
Amazon Price: (as of 12/24/2009)
Handbook of Conveyancing Practice in Scotland
Amazon Price: (as of 12/24/2009)
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- Nick-J Nick-J Mar 22, 2008 @ 11:25 pm
- This is important information for everyone to know!
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