Conveyancing Solicitors
What are Conveyancing Solicitors?
Conveyancing Solicitors have an important role when it comes to property. They handle all of the legal aspects of buying and selling a property. It is important to carefully research and select the one who has good experience in your area of need.
More About Conveyancing Services
Conveyancing can be described as the action of transferring legal title from one entity to another. It is strongly advised to go with a qualified and experienced conveyancing solicitor to process the required legal paperwork. If paperwork is incorrectly completed, it can significantly delay or even halt the process.
As it is likely to be one of the biggest purchases of your life, it can become a stressful and overwhelming process to do alone or if you pick a team who aren’t as efficient as you need them to be.
The main responsibilities of conveyancing solicitors are:
- Draw up and handle legal contracts
- Offer legal advice on any issues with the property
- Ensure the law regarding property purchase is followed e.g money laundering checks
- Carry out relevant land registry searches
- Carry out council searches
- Process tax requirements for the property e.g stamp duty
- Process and transfer the funds relating to your property
Conveyancing Fees
Conveyancing Solicitors can charge their fees in different ways, so it is important to research carefully. Solicitors can charge in different ways. These are a fixed fee, hourly rate, or a percentage of the property price. A fixed fee is the preferred message for many as an upfront charge can be budgeted for in advance.
Be sure to clear up the fees before committing to their services. However, it is worth noting that there can be unforeseen costs. These can happen if the sale falls through at a late stage for any reason, or if the chain you are in has any issues prolonging the process.
