What Does a Solicitor Do When Buying a House in the UK?

1. Reviewing and Negotiating the Sale Agreement
   The solicitor examines the draft contract prepared by the seller’s solicitor. They review all terms and conditions to ensure they are fair and in your best interests. They may also negotiate specific clauses or request amendments if necessary.

2. Conducting Property Searches
   Solicitors carry out a series of searches to identify any potential issues with the property. These searches include land registry checks, environmental searches, and local authority searches, which help to uncover any planning or legal issues, such as future development plans or restrictions on the property.

3. Exchanging Contracts
   Once all the details have been reviewed and both parties are satisfied with the terms, the solicitor will arrange for the exchange of contracts. At this stage, a deposit is typically paid, and the buyer and seller are legally bound to proceed with the transaction.

4. Handling the Transfer of Funds
   The solicitor manages the financial aspects of the purchase, ensuring that the agreed sum is transferred to the seller’s solicitor upon completion. They also manage the payment of Stamp Duty Land Tax (SDLT) and any other related fees.

5. Registering the Property Ownership
   After the completion of the sale, the solicitor registers the new ownership with the Land Registry. This ensures that the buyer’s name is officially recorded as the new owner of the property.

6. Dealing with the Mortgage Lender
   If the property purchase is financed by a mortgage, the solicitor liaises with the lender to ensure that the mortgage is in place before the transaction is completed. They also handle the mortgage deed and ensure that all legal requirements are met.

7. Finalizing the Sale
   Upon completion, the solicitor ensures that all documents are signed and exchanged, and that keys to the property are handed over. They will confirm that the transaction has been completed and provide the buyer with any relevant documents for their records.

By managing all legal aspects of the transaction, a solicitor helps to ensure a smooth and secure property purchase, protecting the buyer’s interests throughout the process.