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.
Property Expert Series: Pamela O’Brien from Redbird Conveyancing
- 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.
Learn how to quickly build a long-term, profitable property portfolio of ten houses with our free online course, containing effective strategies and techniques, collected over decades investing in property.
This training is suitable for investors of all levels so whether you are starting from scratch or want to know how to scale your property business there is something in there for you. Simply click the link below to find out more.
It's completely free and takes just a minute to sign up.