moving home

Post-Lockdown Conveyancing Explained

Conveyancing experts are here to guide you through the legal side of the home buying and selling process. This fundamental process will not change despite lockdown and social distancing measures currently impacting the property market.

However, some elements of the work will adapt to adhere with these changing requirements.

After instructing us, how will we help you with your home move and what will be different about a post-lockdown conveyancing service?

Opening Communication

Although the property market is free to buy and sell once again, conveyancers are still being asked to work remotely, wherever possible, for the time being.

Whilst our initial communication may be remote, we will still be able to examine the draft contract and supporting documents and raise enquiries with the seller’s solicitor.

At this stage we will look through the tenure terms and advise on its leasehold or freehold status.

Property Searches

Your conveyancing team will complete the relevant property searches specific to the property’s area. This will check the property for things like flood risk or water authority searches to property specific details like checking with HM Land Registry for ‘title register’ or ‘title plan.’

Given the transitional period between lockdown and a complete easing of restrictions, many governmental and local authority departments remain closed to the public. This could mean that some services may face delays in June and July.

Checking Mortgage Information

Once your mortgage is in place, your conveyancer will check the various things you will need to comply. This will include ensuring your deposit finance is in place and will usually involve instructing a surveyor to complete a mortgage valuation on the property.

Whilst surveyors are able to complete physical valuations, this will need to be organized with the seller to ensure social distancing advice is followed. This process may take a little longer than usual to make sure the process is safe for all parties.

Exchanging Contracts and Completing

Before any contracts are signed and the move becomes legally binding, your conveyancer will check that all enquires have been returned, the fixtures and fittings have been agreed upon, and a completion date is reached.

Governmental advice is asking for a ‘flexible’ approach to the exchange and completion. Many buyers and sellers are being asked to shield or self-isolate at present which could delay a home move. Your conveyancer will work with the chain to create a viable date, but flexibility may be needed by all parties.

After Completion

Even after you have moved and are enjoying your home, your conveyancer will still work on your behalf. A conveyancer will calculate and pay any stamp duty land tax you may owe following the transaction and will send a copy of the title deeds to your mortgage lender.

CP Law’s team of expert solicitors can help you move home at this time. Speak to a member of our team today, contact us on 0345 2413100 or email us at mail@cplaw.co.uk.