How to Find the Right Solicitor or Conveyancer?
Buying and selling a real estate is not a simple process. There are many factors you need to consider that influence the outcome. They will also affect the time you will have to spend in order to get the work done. That’s why finding the right solicitor, or a conveyancer could really make things easier for you.
1. Know the difference
The first question you will be asked is whether you want a conveyancer or a solicitor. This is what you must state on your offer. They both transfer the ownership from one person to another and make the whole process easier. They will provide you with legal advice, handle all the contracts and do market research, but also deal with the Land Registry. Solicitors are actually qualified lawyers, so they are more expensive than conveyancers in most cases. On the other hand, licensed conveyancers have specialized in real estate buy won’t be able to work on complex legal issues. However, they are far more affordable.
2. Getting a mortgage
In case you want to get a mortgage, there are few things to have in mind.
First of all, mortgage lenders will only do business with specific conveyancers and solicitors who usually pay the lender for that privilege.
Secondly, if you choose not to go with the solicitor or the conveyancer the lender usually works with, be ready to pay for the bank’s representation fees. So, the safest way is to ask the solicitor or conveyancer you’re interested in whether they are on the “panel” of a specific lender.
3. The matter of communication
If you have to decide between a certain conveyancer and a solicitor, try also to find out what is the best time and way to stay in touch with them. In case one of them has a holiday coming soon, choose the other one who will be more available to you. Their location also matters. If you need to travel to the other side of the city to pick up documents or drop them off, you will waste a lot of precious time and money. Stick to those closer to your area of living.
4. The downsides of using a solicitor
First of all, solicitors are usually more expensive than conveyancers, so make sure to get the full quote from a solicitor so that you can compare it with conveyancer fees. The difference in price could really surprise you. Before that, inform yourself about the things both of them include in their fees.
You may also find that your solicitor is somewhat distracted. This comes as no surprise because many of them have to handle more than one complex case. Also, some solicitors have a small practice, meaning sometimes they won’t be able to provide you with service if they go on a holiday.
5. Where to look for a conveyancer
In case you are more in favor of a conveyancer, there are several sources to go to for a good recommendation.
Firstly, you can visit comparison sites. They have a list of verified conveyancers but there’s also the option to choose an online conveyancer, which is cheaper. Just be aware that this means you may be dealing with more than one person online.
Secondly, you can ask for your real estate agent’s recommendation. They will have a list of trust-worthy conveyancers but be careful – some of them receive a commission for giving a recommendation, so it doesn’t necessarily mean you will be getting the best one out there.
All in all
Finding the right professional for a specific job is crucial. It will almost guarantee that things will go smoothly. So, avoid future headaches and spend some time looking for the right person for the job.