Finding the right conveyancing solicitor to help you out in the legal aspect of your property transaction can be just as stressful as the conveyancing and the buying/selling process itself. Especially if you don’t have a clue where to begin with. As it is, conveyancing is probably the most crucial aspect of the transaction as it involves the process to oversee the legal transfer of property ownership, paying of taxes and stamp duties, and other important paperwork.
It is also in this process that searched on the property is carried out to determine its true ownership, legal eligibility to be sold/purchased, and if there are pending financial liabilities surrounding the property. Pending plans on the property and the local area is also determined during this process.
This is why, as a property investor, you should be able to find not only just a reliable but a very efficient conveyancing solicitor – to make sure that nothing goes wrong in the transaction, avoiding it to fall into a disaster.
If don’t know how to conduct your own search for a conveyancing solicitor, you can consider these five factors that are guaranteed to help you pick nothing but the best to act on your behalf.
Online Search, Recommendations, and Referrals
The Internet is a powerful to conduct a search for firms and independent conveyancing solicitors. You can check the official website of the Council for Licensed Conveyancers to see a list of accredited solicitors. If you’re not as Internet-savvy as the others, it is always best to see if your friends or relatives happened to have worked with a diligent and efficient conveyancer in the past. Their recommendations will surely help you list down a few plausible options. Alternatively, you can search for online conveyancing quotes to find a list of companies who can offer you an instant quote.
Cost Of Services
To narrow down your search further, check each firm or solicitor in your list for the cost of the services they offer and compare it against the amount you’re willing to spend. On the average, conveyancers may charge you roughly £500 to £1700, depending on the complexity of the transaction. Additional services may also be charged on top of the agreed price. It is always wise to ask for a quote from each conveyancer on your list. Some of them may offer a fixed amount for their entire services, while others may charge you by the hour or a percentage of the property’s selling value.
Quality Of Service
The excellent ones are usually very busy as they get endless referrals from a lot of people. But if the basis of the best quality is how much they have on their plates, try to sort things out some more by avoiding those you think to have one too many conveyancing cases in their files. They key here is to find someone you can give you as much time and attention as needed. If they’re handling too many cases, you’re likely to be at the end of their list, causing delays and inconvenience in the transaction you’ve committed yourself to.
The not-so-busy conveyancing solicitors don’t necessarily equate to inexperience and incompetence. While you’re crossing out the ones in your list that may not deliver what is expected, always consider how versed the conveyancing solicitor is with the local laws. This may help you further, particularly if you’re having a difficult leasehold agreement on the property. If the solicitor knows his laws and his books, they can make the process fast and stress free for you.
Your preference matters in this bit. Do you want to work with someone with state-of-the-art case management and update systems; or someone you can conveniently meet and talk to face-to-face, besides being accessible via phone and email? Effective communication is always the key to convenience. If you fully trust an online conveyancing firm, especially after you have learnt that they’re reputable enough, you can, by all means, employ their services.
But, if you prefer face-to-face talks with your conveyancer, hire a firm or an independent solicitor within the area. Not only will you have that “personal touch” while the tasks are being carried out, you will also have the convenience of bringing in the required documents in time, rather than having to use the post.
While these are just five of the many things you should consider, we reckon these will help you narrow down your long list of conveyancers to choose from. Once you have sorted things out and you’ve got one in mind to act on your behalf through the legal aspects of the transaction, make sure that you understand the terms you agreed with the services they offer. If something seems to be unclear or confusing, you may ask them to explain it further for you.