The 6 Steps of Buying a Property

The conveyancing process can seem complicated and daunting, particularly for first-time buyers. Here's what to expect when you're buying a home

Faith Glasgow 19 April, 2021 | 9:35AM
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If you’ve ever bought a property, you’re probably well aware that the purchase process - known as conveyancing - is rarely a smooth ride. Setbacks come in many forms, and can slow the journey or even derail it altogether. Nonetheless, there is a route to follow, and it’s good to be familiar with the landmarks along the way. Here's what to expect when you're buying a property:

1. Find a Conveyancer

Once you’re property-hunting seriously, it’s worth choosing a solicitor or conveyancer to do the conveyancing work for you, though you can only instruct them once you’ve agreed an offer. There’s a useful guide on the Home Owners Alliance (HOA) website outlining the differences between the two.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Faith Glasgow  Faith Glasgow is a freelance journalist specialising in pensions and investment trusts