This is the term for the legal work involved in buying and selling property or when changing your mortgage lender. There is clearly more work to be done when buying a new property especially if you also have a property to sell at the same time. The work carried out by solicitors includes preparing contracts of sale and purchase, negotiating with solicitors acting for other involved parties and administering the movement of mortgage funds between the parties concerned. They also check the ownership and title of the property at the Land Registry to ensure you are buying what you think you are buying and that the vendor is entitled to sell it to you and whether there are any debts secured on the property and what restrictions may be attached to the property such as listing, rights of way and restrictions on use. The conveyancing carried out during a remortgage consists mainly of checking the title at the Land Registry, carrying out a Local Authority search and administering mortgage funds, hence many lenders will cover the cost of the legal work on their remortgage schemes as an incentive to borrowers.