Buying land can be a great investment. You may want to build a house or keep the land for future developments. However, the process of buying land can be complicated, and there are plenty of legalities that need to be addressed. One of the questions you may be asking yourself is whether you need a conveyancer if you're just buying land and not a house. What do you need to know to make an informed decision?

What Is a Conveyancer?

A conveyancer is a specialist who deals with property transactions. They have a thorough understanding of the legal complexities of buying and selling property. While hiring a conveyancer is not legally required when buying land, it's always advisable to seek professional advice. The conveyancer can help guide you through the buying process and ensure that you avoid any pitfalls along the way.

What Do They Do?

The conveyancer's primary role is to conduct searches to ensure that the land you're buying has a good title and that there are no issues with ownership. They'll also check if the land has any planning restrictions, such as easements, that could impact your future development plans. If there are any uncertainties, the conveyancer will inform you and advise you on the best course of action.

Is a Conveyancer the Middleman?

As the exclusive point of contact between the buyer and the seller's solicitor, the conveyancer will ensure that all contracts and agreements are in place. They'll handle the exchange of contracts, the deposit payment, the transfer of funds and the final settlement. Having a conveyancer can save you time and money, as they'll manage the entire legal process for you.

What Else Do You Need to Consider?

When buying land, you'll need to consider the different legal requirements that apply to your specific situation. Some types of land, such as agricultural or rural land, may have a set of legalities that need to be addressed. A conveyancer who specialises in your specific type of land will understand these requirements and ensure that you're compliant with all applicable regulations.

The Takeaway

So, do you need a conveyancer when buying land and not a property? While it's not legally required, it's highly advisable to seek professional advice. With a conveyancer, you'll have someone who understands the legal complexities of land buying, and they'll be able to guide you through the process, saving you time and money along the way. If you're considering buying land, contact a conveyancer today and start the process of protecting your investment.

Talk to a local professional about residential conveyancing to learn more.