Whether you are buying or selling or even if you are doing something like leasing a shop, conveyancing is the process through which you will secure your legal interest in a given property.
- Introducing Pam O’Brien from Redbird Conveyancing
- What is Conveyancing?
- The Difference Between a First and Second Charge
- The Impact of Proptech on Conveyancing Solicitors
- Property Investment Advice from a Licensed Conveyancer
- What Should an Investor Expect from their Conveyancing Solicitor
- How an Investor can Help Move the Conveyancing Process Along
- The Do’s and Don’ts of Investing in Property
A Quick Introduction to Conveyancing
Amy: What is conveyancing?
Pam: Conveyancing is simply securing a legal interest in the property.
You can do that in lots of ways. You could be selling a property. You could be buying it. You could be leasing a shop.
There are lots of ways you can do it but all you are doing is securing a legal interest.
It’s a very narrow thing that you are doing, just a legal interest.
So, if your friend decides to loan you £50, you don’t really need to secure that legal interest, you are going to pay him back.
But if your friend loans you £500,000, you might want to secure that.
So, you put a first-charge on the property. It’s just securing a legal interest.
Amy: Okay, perfect.