Conveyancing Conveyancing is the term describing the legal transfer of ownership of freehold or leasehold properties.
Leases are more complicated than the sale and purchase of a freehold property.
As a buyer, you should be sure whether the property you are purchasing is leasehold or freehold. If a lease is involved, you should pay attention to the conditions, restrictions and financial responsibilities imposed by it. Most people buying and selling a property use a solicitor or a licensed conveyancer because there's quite a lot of detailed work to do when transferring ownership of a property. Solicitors and licensed conveyancers are required to be properly insured. Which, in theory at least, means you have some comeback against them if things go wrong.