A conveyancer handles the legal side of things when you move your mortgage to a different lender and when you buy and sell a property. They provide legal advice on all aspects of the transaction.
Other tasks they do are:
- Check the legal title to the property
- Manage the chain (if there is one) for exchange of contracts and completion
- Collect and transfer money, including stamp duty (if payable)
- If acting for the buyer, carry out property searches to check for any issues that might affect the property's value
- Get the redemption figure from your existing lender and repay any existing mortgage on completion
Conveyancing step by step
Here’s what you need to know about these 5 different types of conveyancing with HSBC.
First-time buyer conveyancing
Home mover conveyancing
Own a property outright and looking to release funds?
Other changes to your mortgage
Frequently asked questions when an HSBC panel solicitor has been appointed
We understand that conveyancing can be complex, so you may have more questions about how things work when you opt for the Standard Legal Fees Incentive and we appoint an HSBC panel solicitor.
Here are the answers to some frequently asked questions, including common reasons for delays and who to talk to for updates.