Several property conveyancing solicitors will advertise their service as one of the leading in the country however it is essential to look out for certain basic things when choosing a conveyancing solicitor to carry out your transaction. The expertise of the property conveyancing solicitors will usually determine how smoothly the transaction will progress although sometimes even the most experienced and savvy of solicitors cannot account for some occurrences. Money exchanges between the buyer and seller and if the seller has an outstanding mortgage on the property this needs to be paid off once the property is transferred to the purchaser. The property conveyancing solicitors will receive money in advance from the buyer as well as sending instructions to the bank or Mortgage Company of the buyer where there is a mortgage advance this will be transferred together with any balance required to the seller’s solicitor’s nominated account. Once the property conveyancing solicitor receives this money then this will be transferred to the account of the seller’s mortgage company and the balance then transferred to the seller’s own account.