So, what’s the difference between a Solicitor or a Conveyancer?
What does a conveyancer (also called a legal conveyancer or property conveyancer) do exactly?
A conveyancer will take care of all the legal and paperwork aspects throughout the settlement process. They will communicate with the seller’s lawyers and generally see to it that all forms are completed and dates for settlement are adhered to, as well as seeing to any amendments that might be required.
Your conveyancer will check across all specifics of the title on the property you’re about to purchase, including the legal status and history of the property certificate - this document is very important, so you’ll want to ensure you have a secure storage site in mind for this certificate once it’s back in your hands (to avoid any land and identity fraud!).
The funds you’ve set aside for your deposit will also be handled by your conveyancer and put into a trust account prior to settlement. The settlement process, as noted earlier, can also be managed by your conveyancer, and they can liaise with your bank when the final payment processes are completed.
Legal Protection and Insurance
Having a conveyancer you trust to do all this also ensures that you are covered in the case that anything goes wrong with the legal aspect of the purchase, as you will be covered by their professional indemnity insurance. Importantly, legal and real estate jargon across contracts can be confusing, and a property conveyancer will make sure nothing slips past or is misunderstood - for such an important process, it’s a worthwhile cost to take on to ensure you don’t run into added legal fees later on down the line for errors now!
Peace of mind
With your conveyancer taking care of the admin, you’ll have peace of mind across these final steps to secure your home, and you can focus on other important things, such as getting ready to move - and arranging those essential pre-purchase pest and building inspections!
All information contained on this website is for your reference only. You should always make your own enquiries and seek independent legal advice in respect of any information about real estate law and the purchasing of real estate and related subjects. This website may contain hyperlinks to websites operated by parties other than PestBuildLegals. Such hyperlinks are provided for reference only. PestBuildLegals does not control such websites and is not responsible for their contents.