1. What is the main role of a conveyor?
The conveyor performs the legal and administrative work related to transferring ownership of the property from the seller to the buyer.
Their job is to act in your best interests and make sure everything is legally sound, they will handle all documents and do their best to prevent future disputes.
You can learn more about hiring a mover, here.
2. How long does transportation take?
This depends on the property being purchased and the proactiveness of all parties involved.
For an uncomplicated purchase of a freehold property (i.e. no lease), this can take an average of six to eight weeks. More complex matters, such as a lease, joint ownership, etc., may take much longer.
It’s always a good idea to let your carrier know from the start any dates you’d like to arrive as well as any dates to avoid (for example, you might be on holiday).
If you are purchasing a new property this is completely different as properties are usually completed in line with on-site building works and you should always ask this question when making your booking.
3. What documents will I need to provide to my lawyer as A the buyer?
You will need to be able to provide the following:
- Full proof of identity (including photographic ID and proof of address (bank and service providers statements).
- Evidence of the source of funds which may be a copy of your bank statement, savings account statement or ISA statement.
- Details of anyone offering money are also required.
- Details about the lender you are taking out a mortgage with (eg Halifax, Nationwide, etc.).
- Funds on account typically in the region of £300 will also be required in connection with initial searches.
Companies will often collect information via a questionnaire or similar regarding your current property portfolio (if any), residence status etc., as this can impact the land tax and stamp duty that will need to be paid on completion.
4. What documents will I need to submit as vendor?
For all property owners, full proof of identity is required. The Law Society produces official forms such as the TA6 (Property Information Form), TA10 (Fixtures and Fittings Form) and TA7 (Tenancy Agreement Information Form), if applicable – which you will need to complete in full as they form part of the contract package issued to the buyer’s solicitor.
You will also need to provide all documentation relating to the property which may include planning permissions and electricity and gas certificates, if required.
5. What searches will the carrier perform?
Initially, your carrier will conduct a local search, a water and sanitation search, an altar search, and an environmental search.
Depending on the location of the property, there may be other things to do as well (such as researching highways or researching coal mining). There is usually a set price for a package of searches, and your carrier will advise you of the costs.
