There are many things to consider when buying or selling a property. If the property you are buying is to be your home, it is easy to fall into the trap of focussing on factors such as the location, the school catchment area, the number of bedrooms or which direction the garden faces; however, there are more important things to consider.
When considering your budget, it is not just the price of the house you need to think about. There are myriad other costs involved and these need to be factored in. Costs such as removal expenses, fees for surveys and valuations, local authority searches and estate agent fees are just a few.
You have an element of control over some of these costs, such as removal expenses, whilst other costs are fixed. While it might be tempting to try to cut costs to a minimum, you should remember that buying a property is a huge investment and you could find yourself in all sorts of legal hot water further down the line if you don’t go about it the correct way. One essential legal element of the house moving process is conveyancing.
What is conveyancing and why is it important?
Conveyancing is the part of the process whereby the property is legally transferred from the buyer to the seller – get this wrong and you might end up not actually owning the property. If you want some independent advice, Citizens Advice provides lots of useful information about the buying and selling process and what to do if things go wrong. While the transfer process might sound straightforward, it can be littered with pitfalls, with disputes over boundaries and retrospective planning permission just two examples.
Can I do it myself?
The short answer to this question is that you can do it yourself; however, as we have already discovered, the conveyancing process is vitally important to the correct transfer of ownership of the property and it is generally recommended that you use a professional such as https://www.samconveyancing.co.uk/. As with any profession, conveyancing solicitors have a wealth of experience in their area and can impartially deal with disputes should they arise.
Hiring professionals in any area can be a costly affair; however, when it comes to ensuring that you really do own your home, it is worth the outlay.