Yes. A conveyancer carries out the legal work required to transfer ownership of the property and helps identify any issues that could affect your purchase.

Read our helpful guide to learn more about what a conveyancer is, including why they're needed, what they do on your behalf and how they help identify potential issues before you commit to a purchase.

Buying a property with cash can offer a number of advantages, including:

Every property transaction is different, but buying with cash can help create a more straightforward purchasing experience.

Because cash transactions often involve the transfer of significant sums of money, additional verification and compliance checks may be required. These can inlcude:

These checks are an important part of the conveyancing process and help ensure your transaction progresses securely and in accordance with regulatory requirements.

Conveyancing fees for a cash purchase can vary depending on factors such as the property's value, location and the complexity of the legal work involved. While a cash purchase may not involve mortgage lender requirements, there are still important legal checks that need to be completed before ownership can be transferred. Your conveyancing quote will provide a clear breakdown of the legal fees and any disbursements associated with your transaction.

In some circumstances, yes. Without a mortgage lender involved, there may be fewer stages to complete before exchange and completion.

Yes. Estate agents require proof of funds to confirm that you have enough money to purchase the property with a cash offer. They will also inquire about the source of money. This is in accordance with anti-money laundering laws.

Be prepared to provide documentation such as your bank statements, savings accounts statements, investment portfolio statements, a letter from your bank and any proof of asset sale. Having this documentation handy can speed up the process and give the seller peace of mind that you can follow through with the purchase.

Once you’ve organised your documents, be ready to explain any significant recent deposits in your accounts, showing supporting documentation.

Cash buyers are not usually subject to lender search requirements. However, searches can provide valuable information about a property and are often recommended.

Read our helpful guide to learn more about conveyancing searches, including what they cover, why they're recommended and how they can help uncover issues that may affect a property purchase.

With our No Move, No Legal Fee promise, you won't pay our legal fee if your purchase doesn't complete. If your purchase is unable to proceed to exchange of contracts, the cost of your next set of conveyancing searches will be supplied free of charge, as per our search pack guarantee. ^{(T's & C's apply).}