How to Choose the Right Conveyancer
So, how do you find the ideal professional? Well, at In-Deed, we work with expert property solicitors and conveyancers who know exactly how to make your transaction proceed smoothly. Get some helpful hints and advice in our guide to finding the right legal professional for you.
Choosing the right property solicitor or specialist conveyancer is vital when it comes to buying or selling your home. An experienced professional could be the difference between your sale or purchase going through or not. In the right hands, the stress, cost and time involved in buying or selling property can be minimised.
A solicitor is a licensed legal practitioner who can offer other legal services in addition to conveyancing, depending on their area of speciality. For example, you might choose a solicitor who can also draw up a will for you or act on your behalf in a divorce. Solicitors are governed by the Solicitors Regulation Authority (SRA) under the Law Society.
All members of In-Deed’s nationwide panel are regulated by either the SRA or CLC, ensuring you are in safe, legal hands whatever type of property professional you choose.
Estate agents have commercial relationships with law firms and with mortgage brokers, too. Whether you’re buying or selling, the estate agent is likely to recommend using a firm they already have links with. They might give you the hard sell to instruct their chosen firm. If you do, it’s going to be to their financial benefit. But it might not be to yours.
Do your own homework on the right conveyancing firm for you. Check out the company the estate agent has recommended. And don’t immediately assume that the lowest price is going to be the best deal. Often those offering low fees are excluding the essential additional fees and taxes known as disbursements that you will have to pay during conveyancing. You can find out more about the disbursements your solicitor will charge for here.
At In-Deed, we are up front about all the costs involved from the start, so there are no nasty surprises waiting down the road.
Conveyancing costs vary as widely as the cost of a house itself. In fact, the costs are linked to the value of the property you are buying. And the reality is there is no such thing as an average conveyancing fee because of there are so many different elements that make up the overall cost.
We used the conveyancing search engine, the Conveyancing Finder, to compare quotes for a freehold property costing £220,000 (the average cost of a UK property in 2017 was £223,000). The quoted prices ranged from £522 to £1,070. Each offered the same service, but with more than £500 of a difference between lowest and highest, it’s obvious there’s no such thing as an average fee.
The breakdown of the total conveyancing costs may include:
- Solicitors’ fees
- Local authority searches fees
- Land Registration fee
- Online ID verification
- Bankruptcy search fee
- Registration of Title
- VAT at 20 percent
However, there are other third-party costs and legal fees that could be incurred during the conveyancing process. When you get a quote from In-Deed, we are transparent about what costs are included in the quote and what will have to be paid separately. Make sure that when you get a quote that all costs are included and there are no hidden extras. In-Deed offers a Fixed Price Guarantee that ensures the price you are quoted is the price you will pay, putting you in control of your outlay from the start.
Some online conveyancing quotes will direct your case to a large-scale operation, often known as a “conveyancing factory” where each separate element of your transaction is dealt with by a different person every time. You will not have a single point of contact to answer any questions or be able to build up a trusted relationship with a legal professional.
At In-Deed, we pride ourselves on working only with law firms where an individual solicitor or specialist conveyancer will take on your case and deal with it from start to finish. In fact, within a day of instructing a solicitor through In-Deed, you will receive a call from the solicitor or conveyancer now in charge of ensuring your sale or purchase goes smoothly. You will be able to call or email, knowing one person is in complete charge of your transaction, reducing the possibility of lost paperwork and unanswered queries.
When you imagine your lawyer’s office, do you conjure up an old-fashioned image of a lawyer in a frock coat in a dusty room scrawling signatures on parchment with a quill pen? Well, you’re not far wrong… We jest. While most of what solicitors do still has to be produced in written form, digital technology has penetrated the modern legal landscape. Most solicitors will have an email address and often communicate with you that way. But do ensure you also have a direct number to call if you have any urgent queries that need answered.
Some law firms are also investing in online technology that allows you track your case’s progress online and upload and access documents, speeding up the conveyancing process.
A property solicitor does not have to be local to represent you. In fact, you can go through the entire process of buying and selling property without ever meeting your solicitor or having to go into an office to sign anything – and your transaction will still proceed efficiently.
Rather than simply plump for a local firm because their office is at the end of the road, when you instruct through In-Deed, you are getting access to some of the best property law firms in England and Wales with a wealth of knowledge, expertise and quality customer service at their fingertips.