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5 Useful Tips to Make the Conveyancing Process Smooth and Fast

5 Useful Tips to Make the Conveyancing Process Smooth and Fast

average conveyancing fees UK If you’re buying a new home in the UK and believe that the transaction will take place easily and quickly if all parties involved are interested. Sadly, this is not the case. There can be numerous hurdles that can become a headache and they may range from the opposite party being slow to respond while giving details to revelation of potential issues in conveyancing searches. Here are tips for new home buyers to make sure their conveyancing process runs smoothly.

Get Your Funds in Place

Apart from the actual purchase price of the home, you’ll come across additional demands for your money. Hence, it’s important to have funds ready for these charges. Some of these charges you should know are mortgage fee, mortgage broker fee, property searches, homebuyer report, stamp duty and average conveyancing fees UK. If you’re a first-time home buyer, you’ll have a zero rate on stamp duty on properties costing up to £300,000.

Be Careful and Prompt while Filling in Forms

The conveyancing process will involve providing a lot of information and making several decisions. To minimize delays, you’ll have to make sure you respond to requests promptly and give accurate information. Although speed is important, you’ll have to also make sure to take the time to keenly check information you’ve provided, as errors could need extra time to rectify them.

Keep Your Paperwork Up-to-date

Purchasing a home is a quite box-ticking process with several steps along the way to ensure that everything is as perfect as it must be. Keeping your paperwork neat and up-to-date will help you speed up the process. Wondering what paperwork will be required? Even before you begin looking for a home, it’s essential to check how much you’ll be able to borrow and get a contract in principle from your selected lender. Other important documents you’ll need include proof of address, ID, proof of finances and where they’ve come from.

Don’t Skip an Estate Agent

You may plan to skip the involvement of an estate agent to save an amount and contact the vendor directly. However, this may usually delay your conveyancing process. An estate agent won’t charge a fee if you’re a buyer; instead, you’ll benefit from their advice and knowledge. Estate agents will often act as a go-between and help make the process quick and smooth.

Find a Trusted Conveyancer

Buying a home for the first time can be a confusing process. However, a licensed, experienced, professional conveyancer will simplify it for you. They will be with you to guide you through the entire process and help you understand all the steps. They will work with you to speed up the process and will also flag up potential problems and make sure they are addressed quickly and efficiently.

Follow these tips to make your conveyancing process smooth and fast, and be a proud home-owner.

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