Monday 6 September 2021

Viewing Conveyancing Timeline - It's Important To get To Exchange Of Contracts

Getting to exchange of contracts is so important as that is when the purchase offer on a property becomes binding. Sounds easy - well it can take time if you are involved in a property chain.

That's why you should take time when viewing conveyancing timescales. Your approved mortgage lender Conveyancer understands what your lender requires to get the job done. Failing to use a Conveyancer that is not lender approved could lead to a failed transaction.

What's All The Fuss About On Why You Should Use The Right Conveyancer?


Each Conveyancer follows the same protocol for managing a property transaction. The differences are managing ongoing cases. Some Conveyancers are experts at managing many clients. Typically if a Conveyancer does 35 cases a month and cases can take 4 - 6 months to complete, then the number of Clients in the pipeline at any one time could be 210. To manage that amount of work you would need an assistant and some clever case management software. 

The Conveyancer appreciates the speed on which potential clients return signed paperwork. So when Clients instruct and a Client care pack is sent out, getting the signed agreement back ideally with 24 hours gets the conveyance moving. 

Faster Searches Can Save The Day


In addition the Homebuyer Conveyancer has access to faster searches. Many Local Authorities are suffering search delays. The initial excuse was Covid but this has been a problem for many years. 

It's time they got their act together and realised that they should either work to agreed service supply levels of data or contract out to alleviate the pain caused to their potential new Homeowners. After all these new Homeowners will be paying council tax.



Put A Stop To Spiraling Costs


Use a Homebuyer Conveyancer that provides upfront a fully itemised fixed fee conveyancing quote. Then when the time comes to instruct you know where you stand. 




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