Conveyancing is the legal process by which ownership of a property is transferred from the seller to the buyer.You need conveyancing to sell, buy,remortgage and to change the name on the deeds of the property.
Whether you are a buyer, a seller or both, it is advisable to hire a solicitor or licenced conveyancer as it can be a complicated process. NMF have a panel of conveyancing solicitors who can be contacted for a quote at your request.
A Licenced conveyancer is qualified to undertake the legal work to transfer legal ownership of land/property this is fine for straightforward residential transactions.
Solicitors are registered with the law society and most solicitors undertake conveyancing work. When purchasing a property, mortgage lenders insist that your appointed solicitor is on their panel and many require there to be two or more partners in the practice.
Nmf have a panel of solicitors which specialise in conveyancing and meets this criteria.
Property ownership has been recorded with the Land Registy since 1990. If a property has not changed hands since this date it may be more complicated to prove absolute title to that property. Proprties which were registered after are more straightforward.
The Financial Services Authority does not regulate Conveyancing
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