Domestic Conveyancing

Comprehensive Conveyancing Services in Dunfermline and Fife

At maloco mowat parker, we understand that the conveyancing process can feel daunting. Our team of experienced solicitors in Dunfermline, Fife is committed to providing a smooth, stress-free experience, guiding you through every step of the process.

What is Conveyancing?

When solicitors talk about domestic conveyancing they mean the process of either buying or selling a house. The term has come to mean the whole process from taking instructions for an offer right through to the handover of keys, although strictly speaking the conveyance as such is the deed transferring title when registered in the Land Register.

maloco mowat parker can offer you all the help you need when it comes to buying and selling a home be it here in Dunfermline and Fife or further afield. Your first meeting whether in person or by phone is FREE, and we can even help you arrange a mortgage through the small network hand-picked, independent mortgage advisors with who we work. We will guide you through the whole process of buying and or selling a home from start to finish, and we’ll never lose sight of the fact that whilst routine for us, for our clients this is something they’re maybe doing for the first time or in any event do just a few times in their lifetime.

Our conveyancing department is headed up by Director Laura Mowat in Dunfermline, an experienced conveyancer who has served thousands of clients over the years.

Whilst the use of technical terms is almost unavoidable we go to great lengths to try and demystify the process, and we’ll always communicate with clients in plain English.

Why choose maloco mowat parker?

At maloco mowat parker, our focus is on providing a seamless, efficient, and transparent service that puts you first. Our team of dedicated conveyancing experts in Fife bring decades of experience to the table, ensuring every transaction is handled with utmost care and precision.

What are the costs of Conveyancing in Fife?

The costs of buying and selling property vary quite significantly from firm to firm. We’d be delighted to discuss your needs and provide you with a detailed written breakdown of all the costs you can expect to incur. You can find details of our Pricing Policy here.

Choose maloco mowat parker for your conveyancing needs in Dunfermline, Fife and beyond and experience a service that’s efficient, transparent, and tailored to your needs. Contact us today to get started!

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FAQs

What is conveyancing?

When solicitors talk about domestic conveyancing they mean the process of either buying or selling a house. The term has come to mean the whole process from taking instructions for an offer right through to the handover of keys, although strictly speaking the conveyance as such is the deed actually transferring title when registered in the Land Register.

maloco mowat parker can offer you all the help you need when it comes to buying and selling a home be it here in Dunfermline and West Fife or further afield. Your first meeting whether in person or by phone is FREE and we can even help you arrange a mortgage through the small network hand-picked, independent mortgage advisors with who we work. We will guide you through the whole process of buying and/or selling a home from start to finish and we’ll never lose sight of the fact that whilst routine for us, for our clients this is something they’re maybe doing for the first time or in any event do just a few times in their lifetime.

Our conveyancing department is headed up by Director Laura Mowat in Dunfermline, an experienced conveyancer who has served thousands of clients over the years.

Whilst the use of technical terms is almost unavoidable we go to great lengths to try and demystify the process and we’ll always communicate with clients in plain English.

What is Conveyancing Process?
  • Drafting Contracts: The seller’s solicitor drafts the contract, outlining terms of sale.
  • Conducting Searches and Inspections: These identify potential issues with the property, such as planning restrictions or structural problems.
  • Exchange of Contracts: Both parties commit to the transaction, and the buyer pays the deposit.
  • Completion: The remaining funds are transferred, and ownership is officially transferred.
Why do I need a Solicitor or Conveyancer?

The conveyancing process is complex and time-consuming. Hiring a professional solicitor or conveyancer from maloco mowat parker can save you time, money, and hassle.

A solicitor or conveyancer plays a key role in the property buying or selling process by:

  • Handling Legal Work: They manage all the legal aspects of the transaction, ensuring everything is done correctly and legally.
  • Conducting Searches: They perform necessary searches and inspections to identify potential issues with the property.
  • Managing Finances: They handle the financial aspects of the transaction, including transferring funds and paying fees.
Can I do my own Conveyancing?

In theory yes although it would be very ill-advised and would not be possible if there were to be a mortgage as no lender would instruct a non-qualified person to prepare the security required to safeguard the sums they have advanced.  It would also be very ill-advised given the huge complexity of property and contract law and the potentially disastrous consequences of the almost inevitable errors that would arise in a DIY conveyance.

What are the potential issues during Conveyancing?

The conveyancing process can present several obstacles such as:

  • Delays in the Process: Delays can occur due to slow responses from other parties involved or unexpected issues uncovered during searches.
  • Disputed Property Boundaries: Disagreements over the exact boundaries of a property can complicate the conveyancing process.
  • Problems with Title Deeds: Issues such as errors in the deeds or missing documentation can cause significant delays and may even jeopardise the transaction
What inspections are conducted during the conveyancing process?

The conveyancing process is a very involved one and one which consists of many different types of inspection.  In Scotland almost all properties sold require a Home Report.  This is a report by a qualified surveyor following on from his inspection of the property and details the condition of the property.  The actual conveyancing process requires the inspection of title deeds etc which process is more commonly referred to as “examination”

How do I put an offer in on a house?
The formal legal procedure typically commences when the buyer submits a lawful proposal to acquire the property. Prior to this, a potential buyer might have expressed interest in a property through the real estate agents. As a result, the agents are responsible for keeping the buyer updated on any progress, such as setting a closing date. When a closing date is established, all interested parties are encouraged to present a legally written proposal by a specified deadline. In most cases, the highest bid is accepted, and unsuccessful bidders are not given the chance to modify or raise their offers. If no other parties are interested, a buyer may decide to proceed with submitting an offer. Since the process can move swiftly, buyers should have financial plans in place for the purchase. If a mortgage is required, it is advised to obtain a preliminary agreement from the preferred lender before making an offer.
What happens once an offer is accepted on a house?
Upon acceptance of an offer, the buyer’s attorney will scrutinize the property’s title deeds and review conveyancing reports to confirm a strong property title and the absence of any issues that could negatively impact the property, such as planned developments. The legal representatives for both the purchaser and vendor will create and modify the official documents that form the contract between the two parties, a process known as concluding missives. Prior to finalization, the seller’s lawyer will obtain a statement from the mortgage lender, verifying the remaining outstanding mortgage balance. The purchaser’s attorney will also request funding from any new lending institution. Both legal professionals will produce completion statements that verify any outstanding amounts that need to be paid or received by their respective clients to finalise the transaction. Be aware that you may need to present proof of the origin of any down payment to ensure compliance with anti-money laundering regulations. If you plan to use a loan or gift from a relative as part of the deposit, inform your mortgage consultant and notify your lending institution before accessing the loan funds.
When do I apply for a Mortgage?

Typically, you should apply for a mortgage after your offer on a property has been accepted but before contracts are exchanged. This ensures that you have the necessary funds in place when needed.

When do we exchange keys?
Upon finishing the transaction, the buyer’s attorney will transfer the payment to the legal representative of the seller. Once the payment is received and the seller has left the premises, the estate agents will typically hand over the keys to the buyer. Both lawyers will then proceed with the registration process at the Land Register of Scotland and finalise any necessary procedures, such as settling the Land and Building Transaction Tax (LBTT).
How long does the conveyancing process take?
Each transaction varies, and the duration can differ accordingly. It typically takes around 6-12 weeks, with factors such as mortgage offer availability, other involved parties, and transaction complexity playing a role. We recognize the significance of promptly addressing property issues, particularly when it involves your family residence. Our proficient property lawyers consistently strive to expedite your transaction’s completion.

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