Finding the right conveyancer for the purchase of a property is a straightforward process; however, it helps to have an understanding of the parameters of a conveyancer’s role and the resources you have at your disposal to engage the right conveyancer for you.
What does a conveyancer do?
A conveyancer’s responsibilities are focussed on the legal transition of a property into your name. Conveyancers such as https://www.samconveyancing.co.uk/Conveyancing-Solicitors will perform a series of checks to confirm the property you are purchasing has no hidden legal issues and ensure the purchase process meets all legal requirements.
You will need a conveyancer for a property purchase, sale or remortgage. Conveyancing solicitors are responsible for preparing your contracts, conferring with Land Registry, conducting necessary checks, transferring funds and offering legal counsel to make sure the transfer of property ownership meets all legal requirements.
What is the difference between a conveyancer and a solicitor?
Conveyancers do not practise any area of law other than property law. A solicitor is qualified to work across the legal spectrum and is often more expensive than a conveyancer. You will need a solicitor for conveyancing if your circumstances are complex, which may include divorce, bankruptcy and probate.
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How do you find the right conveyancer?
The best way to find the right conveyancer is a recommendation from someone you know. It is best to avoid estate agent recommendations, as they have often negotiated referral fees. Ask your family, friends and work colleagues for recommendations; alternatively, check online for conveyancing reviews and recommendations, again making sure these are clients rather than estate agent referrals.
When do you engage a conveyancer?
Good practice is to research conveyancers while you are looking for a property. An interesting aspect of the current property market conditions is the rush to take advantage of the reduction in stamp duty fees, which is due to expire on 31 March 2021. Be aware that conveyancers, surveyors and solicitors are facing delays due to the high demand.
What can you expect to pay?
You are liable for your conveyancer’s fees plus all costs associated with conveyancing. These include Land Registry fees, local authority searches, stamp duty, and bank fees such as transfers. The total will depend on how straightforward your property sale is, your location, and the type of property you are selling, buying or remortgaging.