Property solicitors act on behalf of their conveyancing clients to ensure that all the legal requirements of a conveyancing transaction are fulfilled during either the sale or purchase of a house, or the purchase of a lease for business purposes.
If you have ever been involved in selling your house or purchasing a property then in most cases property solicitors will have conduct of the transaction and advice and assist you with the transaction advising you of the requirements through each stage. If you have ever wondered what occurs when buying or selling a property such as who determines what is included in the sale of the property, well property solicitors see to the completion of all such requirements.
Once the seller of the property has instructed their solicitor then the solicitor will provide certain forms to prepare the property information and fixtures and fittings details, the solicitor also prepares the draft contract of what is to be sold, by whom, at what price, what is to be included and on what date.
Property solicitors are also involved in obtaining the purchase funds or mortgage advance on behalf of their client when their client is purchasing the property with a mortgage; they provide an undertaking to the mortgage company that the property being purchased by their client fulfils their requirements.