Key Stages of Conveyancing:

1. Contract Exchange:
   • The buyer and seller agree to the terms of the sale and exchange contracts.
   • A deposit is paid by the buyer to the seller.
2. Property Searches:
   • The conveyancer conducts property searches to identify any encumbrances, easements, or other legal issues affecting the property.
   • These searches include title searches, planning certificate searches, and pest and building inspections.
3. Loan Approval and Finance:
   • If the buyer requires a loan, the conveyancer assists with the loan approval process and protects the lender’s interests.
4. Settlement Preparation:
   • The conveyancer prepares all necessary legal documents, such as the transfer of land forms and mortgage documents.
   • They also calculate and pay any applicable stamp duty and other fees.
5. Settlement:
   • This is the final stage of the conveyancing process, where the ownership of the property is transferred from the seller to the buyer.
   • The buyer pays the remaining purchase price, and the seller transfers the property title to the buyer.

Why Use a Conveyancer?

• Expertise: Conveyancers have the knowledge and experience to navigate the complex legal and administrative aspects of property transactions.
• Efficiency: They can streamline the process, saving you time and effort.
• Risk Mitigation: They can identify and address potential issues, minimising risks and ensuring a smooth transaction.
• Peace of Mind: By entrusting your property transaction to a qualified conveyancer, you can know that your interests are protected.

By understanding the intricacies of conveyancing, you can make informed decisions and ensure a successful property transaction.