How to choose the right conveyancer PART 1
A conveyancer is a generic term used to refer to a conveyancing solicitor or licensed property solicitor. If you are buying or selling a property, then you need an excellent conveyancer to see you through the conveyance process. A good conveyancer can make the process as quick as possible, reduce the risk of the sale falling through, and minimise your stress and anxiety levels.
The process of conveyancing
There are two distinct stages involved in this process. The first stage, which takes place before the purchase contract is exchanged, requires preparation of all necessary legal documents after thoroughly investigating the property as well as the two parties. At the end of this stage, the property is established to be suitable for sale. Negotiations on the cost are carried out in this phase.
The second stage involves the process of taking ownership of the property. In this stage, accounts of the purchaser and the seller are verified. The buyer receives purchase papers. He or she signs them and closes the sale by paying the decided initial amount. After the papers are signed, the property legally goes into the possession of the buyer.
To buy a property and not land up in legal tussles, later on, you need to ensure that the conveyancer you select is highly efficient. Here are some tips to choose the best professional.
How to choose the most efficient and cheap conveyancer
Now when you know who a conveyancer is, and what all services does this professional provide. Let us find out the best ways of finding one for you.
1- Look up for a firm whose expertise is in the financial, residential property. Another thing to be looked upon in that firm is that it must also specialise in divorce, family, and litigation along with the property.
2- A firm that is listed with 'the law society' or 'the council of licensed conveyancers,' must opt for. This is because the firms that lie under this category are assured of providing licensed as well as skilled conveyancers.
It is always an intelligent option to avoid the firm that doesn't come under this category.
3- Assess the technology options available to the firm well in advance only. Some companies make the first step of contacting through an online conveyancing quote.
Remember that a good online service provider will track the status of your claim via internet and SMS. Besides this, a solicitor must also give you a username and a password for security purpose.
4- Know the fees charged by the firm, well in advance only. A fixed fee involves all the things cost associated with legal affairs, which doesn't include inspections of stamp duty.
Keep away from the firms that charge according to the hour, as they also include cost of paperwork, copying as well as telephone expenses.
5- Before committing to a firm, it is necessary to review the client care letter and ask questions if you have any. The client care letters are considered very important in the industry.
Well, there we have it. This simple, yet effective advice should ensure that you get the best deal for you.