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Conveyancing is the legal work that is required when buying or selling a property. Conveyancing is the transfer of the legal title of the property from one person (the selling) to another (the buyer). The conveyancing process is split into two main parts, the first is the exchange of contracts where the terms of the deal are fixed and layout in writing, the second is called the Completion where the title of the property passes to the buyer.
The above is a very simplified explanation of the process, and conveyancing involves a lot more. The conveyancing process starts once you select your conveyancing company. They will then perform property searches which will provide you with detailed information about the property which you are buying, such as the history of the property and any local authority plans for the area. These searches will include disbursements which are third party expenses that your solicitor will have to pay out during the conveyancing process. The costs of these should be included in your conveyancing quote.
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