Blog Post
Why You Should Use a Conveyancing Solicitor
02/04/2019
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Even though it is possible to do your own conveyancing, if you are looking for peace of mind, you should consider using a trusted Conveyancer. At Eatons Solicitors, we are all too aware of the risks associated with DIY conveyancing. That is why we want clients to be aware of pitfalls before undertaking this considerable task.
A conveyancing solicitor's role is to protect their clients' interests during the sale or purchase of a property. However, their role differs depending on whether their client is the buyer or the seller.
When they represent the seller, a conveyancing solicitor is responsible for obtaining the title deeds and drafting the contract sent to the purchaser's solicitor. They will also deal with any enquiries the purchaser's solicitor may have. If there is a mortgage that must be paid off, they will apply for a redemption letter from the lender. In the case of a leasehold, they will send separate enquiries to the landlord/freeholder before reviewing replies and forwarding them to the purchaser's solicitor.
During a property sale, working with a conveyancing solicitor reduces the stress of consulting with estate agents, lenders, and the purchaser's solicitor. They act on your behalf, work on contract exchanges, link these with related purchases, and deal with completion formalities. Ensuring the purchaser’s solicitor receives signed transfer deeds, original deeds, and documents upon completion is their main responsibility.
During a property purchase, the conveyancing solicitor ensures legal titles and documents comply with the law and raises any enquiries. They also conduct searches associated with the property and report them back to their client. It also means they consult with mortgage lenders, estate agents, and the other party’s solicitor.
The conveyancing solicitor advises on additional costs such as leasehold notice fees, exchange contracts, and Stamp Duty. More importantly, they deal with completion and arrange for their client and the lender to be registered at the Land Registry upon completion.
Even though sellers and buyers can do their own conveyancing, buying or selling a property is never an easy process.
When hiring a Conveyancing Solicitor, their main responsibility is to coordinate all those involved towards the final transfer of the property. They correspond on your behalf between the seller / purchasing solicitors and the lenders. These include filing paperwork with the relevant authorities and conducting the relevant property checks.
Moreover, they can use their knowledge and experience to identify any potential problems. It is also worth noting that most mortgage lenders insist a professional oversee a purchase or sale because it reduces the chance of crimes being committed under the guise of a property transaction.
Why choose Eatons Solicitors for Property Conveyancing
Over the years, we have helped thousands of people move home and can guide you through any property buying, selling, remortgaging and equity release process.
Irrespective of whether you are a first-time buyer or a property investor requiring legal advice, Eatons Solicitors will provide the necessary legal advice.
Our online tools provide further guidance regarding the process of buying and selling a property. They also help with estimating your conveyancing fees.
DISCLAIMER: The contents of this article and any documents on our website are not intended to constitute legal advice but are intended for general information purposes only. We are not responsible for any loss resulting from acts or omissions taken in respect of the content presented herein. Please see our legal and regulatory information, privacy, and terms policy on our website.