There are some people, who do not hire a conveyancing solicitor, and try and handle the conveyancing process themselves to save money. While this can save money, it can also expose you to risks and legal problems during the transfer of property. That is why it is a wise decision to have a qualified and experienced solicitor advice and assist you when you intend to buy a property.
Some of the benefits of hiring a property solicitor are as following:
- Drafting and assessing the contract
- Conducting local searches
- Handling stamp duty charges
- Dealing with the Land Registry
- Collecting and transferring funds
- Providing legal advice and solutions
While you will greatly benefit by having a conveyancing solicitor at your side and doing all the running around on your behalf, it is important to hire the solicitor with care. There are many property solicitors, but you should opt for one who best suits your needs. Here are some tips on how to choose the right conveyancing solicitor.
There is no doubt that you would have to pay the solicitor. Most charge a fixed fee for conveyancing, but there are some solicitors who charge a percentage of the house or property value. In addition, there are many other addition fees that you would have to shell out for the paper work or some other complications that need to be resolved by the solicitor. Sometimes, there could be unforeseen expenses that you may have to cover too. Some of the charges that you would have to pay over and above the solicitor’s fee are postage and VAT. These charges are known as disbursements and can vary depending on the transaction carried out.
The cheapest solicitor may not be the best one for your needs. Such a solicitor will always be in high demand and will also be handling many clients simultaneously. As a result, you may get poor service. It is best to pay a little extra and get quality and professional service.
You should avoid hiring the services of a solicitor, who has too many clients, or does not have too many years of experience. You should look for a solicitor, who can give you his full attention and has enough experience to handle issues related to conveyancing. Above all, you should feel comfortable with the solicitor and trust him to do a good job. A good conveyancing solicitor will take time to explain legal jargon and handle all issues, so that your mind is at peace and you are stress-free.
It is best to opt for a local conveyancing solicitor, as he will have thorough knowledge of the local laws and leases. While you may not need to visit the solicitor’s office, as you can deal with him over the phone or via email, it will give you comfort knowing that the solicitor works in the same town or city and you can visit his office to urge him if you want to hasten the conveyancing process.
These are some of the tips to keep in mind when you are looking for a conveyancing solicitor. Make sure you get several quotes from conveyancing solicitors. This will allow you to compare prices and services and select the best solicitor to handle your conveyancing process.
Andrew Smith is a treasure trove of information related to conveyancing in the UK. He offers tips on finding conveyancing solicitors and also educates people about the process of conveyancing. If you would like to know how to find the right conveyancing solicitor, he would be glad to assist you.