BS Magazine Final - Flipbook - Page 36
What is conveyancing?
Conveyancing is the legal process that transfers ownership
of a property from the existing owner to a new owner. The
process involves the creation of a contract between the seller
and the purchaser, whereby the ownership of the property is
transferred from one person to another. This is done through
the completion of the missives – the technical term for the
contract. The missives are formed by an exchange of letters
between solicitors representing the sellers and purchasers.
Whilst the exchange of letters might seem simple and very
straightforward, there are a number of factors, which affect the
process. For instance, the purchasers offer may be subject to
searches and checks affecting the property.
“...At Blackwood & Smith
we ensure that you have one
point of contact throughout
the transaction affording you
peace of mind and reducing
the level of stress involved...”
How long does the process take?
Timescales involved in either the process of buying or selling
properties varies depending on the complexity of the sale.
Normally, the process can be completed within a very
reasonable period of time – between 4-9 weeks from the
moment of offer being made to completion. Our team of
experienced conveyancing solicitors will give you an estimate
of how long the process will take after your initial meeting.
It is important to remember that this is a very important
transaction, at Blackwood & Smith we ensure that you have
one point of contact throughout the transaction affording you
peace of mind and reducing the level of stress involved.
Other things to be aware of in the conveyancing process:
Legal report – this includes searches in
The Land Register of Scotland to check who owns
The Inhibitions register to enable us to confirm
whether any court ‘inhibitions’ are registered
against the property which would prevent the
property from being sold
Property Enquiry Certificate
Contact our team at Blackwood & Smith and we will handle
all of the above for you, leaving you more time for packing.
T: 01721 720131
36 BLACKWOOD & SMITH
BLACKWOOD & SMITH 37