A Simple Guide to Residential Conveyancing
Written by Steve Goodman Sunday, 28 August 2011 10:33
There are so many solicitors out there advertising residential conveyancing services that it can be very difficult to decide which one to choose.
Residential conveyancing is a complex and protracted process. Employing an experienced solicitor can mean that the whole process is completed much more quickly and efficiently than it would have been had you tried to handle it yourself.
We've compiled a helpful guide to choosing a good residential conveyancing solicitor:
Step 1: The sale is agreed
The solicitor or conveyancer of the person selling the property checks over the title and drafts a contract, which they then send to the purchaser's solicitor accompanied by all the necessary documents.
The buyer's solicitor or conveyancer checks over the contract and, if everything's in order, approves it and submits it to the buyer for a signature, carries out the necessary local authority searches and receives the mortgage offer (if any).
A dedicated department means they get plenty of conveyancing business, which means their former customers probably recommend them to friends and family.
As if moving house wasn't already stressful enough, do you really want to take on the conveyancing too?
Look for a firm that is on major lenders' 'approved' panels
The seller's solicitor is also responsible for obtaining a settlement figure from the lender in order to redeem the mortgage and approving transfer deeds ready for their client's signature.
If the solicitor you choose as your residential conveyancer is not approved by your lender, they will be forced to find a second solicitor, meaning you could end up paying for two solicitors instead of one.
It won't cost the earth
A decent law firm will be happy to give you the direct contact details for the solicitor handling your residential conveyancing case.
You will need to contact them regularly during the process, so make sure it's on your terms and not theirs.
Need Help with Residential Conveyancing?
If you are struggling with the residential conveyancing process, or you are about to sell or buy a house and want to speak to an experienced solicitor first, contact the friendly, approachable team at Manchester's JMW Solicitors on 0845 872 6666.