Property selling and buying can be a stressful phase for a new buyer. It involves both, the complexities of legal formalities and sorting of financial situation. Without proper assistance a smooth property transaction becomes difficult and time-consuming. Residential solicitors working for the UK conveyancing system are aware of the hassles that can come in a property transaction. They are smart and well qualified to handle any tricky situation that might pop up in the conveyancing process.
Conveyancing is a process of legal transfer of ownership rights from the seller party to the buyer party. This is a long and time-consuming process. It normally takes around 2 to 3 months to complete. If a proper conveyancer is not hired the process can become lengthier. For any new buyer, choosing and hiring a right person for their successful property deal is difficult and confusing, yet an important step.
Once you have finalized the property and started your search to hire a good conveyancer, you will be surprised with the number of conveyancing companies in the market. There are many firms who are offering cheap conveyancing services; some are offering online services while some are offering fixed fee services. The buyer needs to be very careful while choosing the solicitor for his conveyancing in the UK property market. This is because there have been cases where people have opted for cheaper services and ended up paying double the amount required. Many firms in the UK may charge you less in the beginning and draft hidden charges in the contract, which the buyer has to pay after the deal is completed. Not just the money, but some firms also don’t communicate well resulting into loss of deal or longer time for completion. Hence, care should be taken while hiring any conveyancing firm or solicitor.
Buyer can check few important things and make sure that he is hiring the right person or firm for his deal. Always hire someone who is well qualified and experienced for the job. Finalize someone who is smart and uses latest technology like the sms update system or email tracker tool for fast services. Make sure and discuss the fixed fee service with the firm well in advance. Hire someone who has good experience in handling the property deals and knows the rules of the UK conveyancing system well. He should have proper background and knowledge of the domain. This will help in solving legal issues and ultimately making the process fact.
He should be confident and authorized to conduct property surveys for the buyer. And, most importantly he should be a licensed conveyancer listed with any of the two professional bodies - The Law Society’ or ‘the Council of Licensed Conveyancers’.
Carefully choose your solicitor for conveyancing in the UK