How long does conveyancing take?
Typically, a standard freehold conveyance takes about 8 weeks after gathering paperwork. For Leasehold properties, expect around 12 weeks due to third-party involvement and extensive paperwork.
Can conveyancing take less than 8 weeks?
Not all transactions will fit within the standard timescale and at Fletcher Longstaff we are happy to discuss your conveyancing transaction on a case by case basis, so that if we can complete your transaction sooner, we will do. We will keep you informed every step of the way.
How it works
The buyer’s conveyancer checks the contract pack, raises any queries and obtains a copy of the mortgage offer.
The conveyancer reports to the buyer on the contents of the contract, pre-contract enquiries, results of the searches and mortgage offer.
Seller and buyer agree on a completion date, and contracts are officially ‘exchanged’.
The seller’s conveyancer approves the draft transfer deed, and a final copy is produced.
Upon completion, the buyer’s conveyancer sends the proceeds of the sale to the seller’s conveyancer.
Then, the final bits are carried out by the buyer’s conveyancer – sending stamp duty, and registering the property in the name of the buyer.
The seller’s conveyancer obtains title deeds and any other documents required by the land registry, as well as preparing the draft contract.
An exchange date is decided upon, and the seller’s conveyancer will obtain a settlement figure to pay off any outstanding mortgage.
Upon completion, the seller vacates the property and hands over the keys through an estate agent. The proceeds of the sale are then sent to the seller’s conveyancer.
Once the conveyancer takes payment for their services, the remaining money is transferred to the seller.
We use digital processes to speed up your transaction.
We’ve integrated cutting-edge digital processes to streamline your experience. From secure online ID checks to hassle-free digital payments and forms, we prioritise your convenience and satisfaction every step of the way.