Things to consider when choosing a conveyancing solicitor
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A conveyancing solicitor is a solicitor that specialises in the legislation involved when buying or selling a residential property.
Most people consider buying or selling property to be one of the most high-value financial transactions they’ll typically ever make- so it’s crucial to find a conveyancing solicitor that you can trust.
In the UK, the conveyancing industry is notorious for providing an expensive and often complicated or slow service.
As a result, finding a conveyancing solicitor that offers an efficient, personal and reliable service can be a challenge for many clients who are buying or selling a property.
By finding a conveyancing surveyor you can rely on, you are likely to:
Reduce the likelihood of your deal falling through
Streamline the sales process and reduce the risk of errors being made
Reduce the length of time your transaction takes
With that being said, important factors to consider when selecting your conveyancing solicitor are as follows:
All conveyancing solicitors require accreditation from the Quality Conveyancing Scheme, run by the SRA (Solicitors Regulation Authority). Checking that a firm has the required accreditations is an excellent first step to ensuring you are choosing a professional conveyancing solicitor and gives you peace of mind that you’re in safe hands.
Your mortgage lenders requirements
Before choosing a conveyancing solicitor, it is vital that you check whether they are an approved member of your mortgage lender’s panel. Failure to do so could delay your move, cause complications, and even lead to a refusal to lend. There are over 100 mortgage lenders in the UK, each with their own specific set of requirements that a solicitor must fulfil before they can represent a lender.
Hidden fees and extra charges
In today’s current climate – it may be tempting to find a conveyancing solicitor online by looking for the lowest price or the best deal. However, whilst many solicitors may quote low fees to grab your attention – you can often find there are hidden costs involved for bank transfers, dealing with mortgages or completing leases. At DRN, we never charge hidden fees – and there are no hidden costs on top of our initial fees.
We understand that the process of buying and selling property can be convoluted and confusing, especially for first-time buyers. For this reason, we recommend a solicitor that does not restrict themselves to conventional office hours. At DRN, we are available via email and outside office hours for calls and meetings – which means you’ll never find yourself having to chase us for news or updates. Instead, we pride ourselves on guiding you through the transactional process every step of the way.
At some point in time, your friends and family will likely have been through the process of buying or selling a house. It is sensible to ask for their recommendations and find out their experiences while dealing with local conveyancing solicitors. If you haven’t got friends or family you can ask, it can be worth seeking the advice of a local estate agent – who will be able to suggest who in your area is reliable and trustworthy.
If you would like more information on our buying and selling home services, please contact one of our experienced team members, who are available to talk you through all of our legal services.
Call our Burnley office on 01282 433241 or our Colne office on 01282 864500. Alternatively, you can send us an online enquiry, and one of our team will be in touch shortly.