Conveyance mortgage is, to many, the most mysterious part of buying and selling property. Although it can be done ‘DIY’ style, it is better to leave it to the professionals who have done it many times in the past and can speed the process along if required.
Which part of conveyancing takes the longest?
Conveyancing, even at its quickest, can take a number of weeks. If conveyancing solicitors have a particularly complicated case, then the process can take many months. Although mortgage solicitors will work as quickly as possible to complete your house sale and purchase for you, there are times when it will inevitably take longer. This can be frustrating, but as long as you do everything you are meant to and as long as you send over the correct documents when asked, then your part will be done.
The longest part of a house sale or purchase is the pre-exchange period where the contracts are being reviewed. This period relies on third parties delivering information in order to create the contracts – and this is something that your conveyancer has no control over. A professional conveyancing solicitor will always keep an open file of documents ready for more to be added to when needed so that the transaction can be moved forward as soon as the relevant documents are received.
If you are concerned that you are not aware of what is happening, why not ask your solicitor to blind copy you into all outgoing emails, so that you know who has been asked for what and when?
When you know it is time to move house, instructing someone to carry out the conveyance mortgage work is essential; but so is getting the right price.
Comparing fees early with Conveyancing Index (https://www.conveyancingindex.co.uk) will save you money and time later on.
Talk to us today on 0203 874 2020 or go online.