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When you buy, sell or remortgage a property you will need the services of a conveyancer, employed by a firm of solicitors or a licensed conveyancer to look after your interests and make sure you don't fall foul of the many pitfalls that exist without expert advice.

Your conveyancer must be acceptable to the lender because he will also act on their behalf in making sure your existing mortgage is discharged (if you are not a first time buyer) and the new mortgage goes into place with all the conditions and legal ramifications fully attended too. He's the referee who makes sure no rules are broken.

During the conveyance you will receive various letters and phone calls advising you of what you need to know, and what you have to do next, as well as a number of documents to sign and return allowing him to go to next stage. It is vital that you respond to any requests promptly, because any delay on your part will delay the whole process. It is not unusual for a chain of home movers to be all lined up and ready to go only to discover that one of them is guilty of not responding to a request to act on something, and the whole procedure grinds to a halt. Don't let it be you. The pressure you will come under from all the parties in the chain is not pleasant, and can often cause the chain to break. Click Here for an instant on line fixed price conveyancing quote

In a sale or purchase there are three distinct stages:

Before exchange of contracts - nothing is legally binding on either side and, generally speaking, there is no liability either way for a wasted survey, search fees and legal costs if the sale falls through.
Between exchange of contracts and completion - both sellers and buyers are legally bound to complete on an agreed completion date.
On completion day - monies change hands through the conveyancers, deeds are handed over, sellers move out and buyers move in

Here's a breakdown of what your conveyancer will be doing:

He will usually request a cheque from you to cover the local search fee and send off for searches when contact has been made with the sellers' solicitor.
He will then obtain a purchase contract from the sellers' solicitors, with details of the property and its ownership.
He will sort out any pre-contract enquires and obtain copies of any existing guarantees, planning consents, etc.
He will obtain the sellers' fixtures and fittings list to see what they will be leaving in the property, and you will get a copy to check.
When your searches have been returned, and your mortgage offer has arrived, he will arrange for you to sign the contract and hand over your deposit for him to hold in readiness for "exchange".
When all the mortgage conditions have been complied with and the sellers are ready to proceed, a mutually acceptable completion date is agreed. Contracts can now be exchanged and the transfer deed and final searches effected.
Once this has been done your conveyancer can call down the mortgage advance from your lender and send you a final completion statement
On the completion day your conveyancer pays the required amount to the sellers' solicitors in exchange for the title deeds. You can now move into your new home. Your conveyancer will now register your name and mortgage at H.M. Land Registry and send the deeds to your lender for them to hold as security for their mortgage advance.

Your home may be repossessed if you do not keep up repayments on your mortgage

E-mail: Mortgage Arrangers