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Glossary
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Conveyancing explained

Conveyancing Explained

Conveyancing refers to all the necessary legal and administrative work associated with transferring the ownership of land or buildings from one owner to another. The process of cheap conveyancing or online conveyancing begins once a firm offer has been proposed and accepted for a property. 

Whether you are a buyer, seller or both, you will require the services of conveyancing solicitors or licensed conveyancers to help you through the complicated process involved in the purchase or sale of property. Since the advent of the internet, it is possible to find online conveyancing or other cheap conveyancing deals.

How does conveyancing work?

For each property, the conveyancing solicitors are responsible for the following processes:

  • the drawing up of the legal contracts

  • the exchange of the contracts between the two parties

  • the management of the deposit for each of the properties involved

Generally, a deposit of 10% of the purchase price of your property is required and paid in advance at the point of the exchange of conveyancing contracts. If you decide to abandon the purchase for whatever reason, you will lose the conveyancing deposit.

An exchange or moving date is then fixed for the completion of the sale. Once this date has been agreed, the property belongs to you by law and you are permitted to move in.

Who does the conveyancing?

Most people employ the services of conveyancing solicitors or licensed conveyancers to oversee the legal aspects of buying or selling their home.
After each party has appointed their respective conveyancing solicitors, the solicitors details are exchanged between the two parties involved so that the process of cheap conveyancing can begin.

What are the main types of conveyancing?

  • Hiring and using the professional services of a conveyancing solicitors or licensed conveyancer.

  • Do-it-yourself or DIY-conveyancing which can be seen as a form of cheap conveyancing

  • Online conveyancing or e-conveyancing which is another form of cheap conveyancing

Some key points about cheap conveyancing methods

  • DIY cheap conveyancing:  It is possible for you to do the conveyancing yourself. However, you must be confident that you have the knowledge, skills, and expertise necessary to properly complete the process. It is a complex and time-consuming business, requiring a great deal of effort and work. 

    Do not risk doing it yourself simply as a form of cheap conveyancing. Although employing the professional services of conveyancing solicitors can be costly, in recent years, it has become more affordable.  Remember the expense is worth it if it enables you to complete the purchase of the property efficiently and successfully. The expense is definitely worth it if you come across any crucial problems which cannot be easily resolved without the expertise of qualified conveyancing solicitors

  • Online conveyancing:  This is an increasingly popular option as more and more people are discontented with the present system of house buying and selling. Many house buyers and sellers have had to endure long delays and stress with traditional methods of conveyancing. In response to this dissatisfaction, The Land Registry has developed a system of online conveyancing or 'e-conveyancing'. This is an electronic system for the buying, selling and registration of land and property in England and Wales.


You can find cheap conveyancing and online conveyancing deals on offer all over the internet. These online conveyancing solicitors are able to offer cheap conveyancing fees—some for as low as £99—mainly because they do not have any overhead costs to bear.

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