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Can I Do Conveyancing Myself?

The administrative and legal documentation which has to be produced in order to officially move the ownership of a property from one party to another

. It usually begins once the offer has been made or accepted, and is necessary when a property is being sold, but must also be done if remortgaging moves to a new lender or broker.

Conveyancing may sound simple and like something that you could do without the right qualifications, but as it is a legal process there are complexities and nuances involved that can make it a more difficult task, which increases the likelihood of a mistake being made if it isn't done professionally. Effective use of time is always an issue too, as compiling the relevant documentation is very time consuming.

There are some situations where you definitely should not do you own conveyancing and these include when the property is not a house, when the property is not freehold or when the property is being sold by a couple who are in the process of divorce. This is because in these instances the process is even more complex and therefore there is more margin for error.

Another issue with DIY conveyancing is that some lenders and mortgage providers insist that the conveyancing is done by a professional, so before you embark on purchasing a property check what your lenders requirements are.

If after consideration, you decide the using a professional is a safer option then you have two options: using a solicitor or using a licensed surveyor. The estate agent looking after the sale will probably have a list of professionals who they would recommend, so you may find that one of these gives a good quote and you go with them, although you are not obligated to do so.

by: AJ Handley.
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