Property transactions involve a lot of complicated legal work, which has to be carried out in a certain way. Because of this, if you are buying or selling a property in the UK then you will need to instruct a licenced Conveyancer or Conveyancing Solicitor.
What Does a Conveyancing Solicitor Do?
When you instruct a Conveyancing Solicitor, they will take responsibility for carrying out the legal work that is required for the property sale or purchase to go through.
They will liaise with all the other parties involved in the transaction on your behalf, including the other person’s Solicitor, estate agents, local authorities, mortgage providers, the Land Registry, the Environment Agency, water companies and utilities companies.
Your Conveyancing Solicitor will also take responsibility for exchanging the contracts and sending or receiving the funds on completion day as well as sending any Stamp Duty that’s payable to HMRC. If you’re buying a property then your Conveyancing Solicitor will register the property in your name at the Land Registry after the purchase has completed.
Buying or selling a home can be a stressful and challenging undertaking. Your Conveyancing Solicitor will be able to provide you with expert guidance and support throughout the process, answering questions that you might have. They can also advise you on the best course of action as new information comes to light during the various stages.
There are a lot of complex stages to the Conveyancing process, which all need to be completed in the correct way and the correct order. For a full breakdown of the Conveyancing process for buying or selling a property, see Stages of the Conveyancing Process.
Choosing the Right Conveyancing Solicitor
A home is likely to be the biggest asset that you’ll ever buy or sell, so it’s important to make sure you instruct the right person for the job. We all have different priorities, so it’s a good idea to consider what yours are when you’re shopping around.
One of the main factors that people will want to take into consideration when choosing a Conveyancing Solicitor will be how much they charge. Moving house is very expensive, with many associated costs (removals, agency fees, Stamp Duty, surveys, etc.) so it’s understandable that many people will be looking for low cost Conveyancing fees.
It’s important to remember, however, that the cheapest quote might not provide the best service, so make sure that you consider other factors alongside this. You may have a tight completion target that you’re aiming for, in which case you should seek out a Solicitor who can achieve this. Or you may want the reassurance that if your transaction falls through then you won’t still be required to pay the Conveyancing fees. Not all Conveyancing Solicitors offer this, but with Co-op Legal Services all of our Conveyancing quotes come with a No Sale, No Fee Guarantee.
If you work full-time then it might be important for you to be able to keep in touch with your Conveyancing Solicitor by email or by phone outside of office hours. If this is important to you, then have a look at what times Conveyancing Solicitors’ phone lines are open until and whether they accept direct email correspondence.
When comparing Conveyancing quotes, make sure that you look carefully at what’s included in the price quoted. If not all searches are included or other costs haven’t been accounted for then it could end up costing you more in the long run.
With Co-op Legal Services, the quote for Conveyancing will always include a detailed breakdown of all fees and costs involved, so you know exactly where you stand. We can provide some of the lowest Conveyancing fees available, and we welcome you to compare our quotes with other Conveyancers. Once we have provided you with a fixed fee quote in writing, this price will not change.