Are you considering moving house in Britain? Or wondering about investing in property?
Acquiring the support of a Property Solicitor is an important consideration when purchasing property. As well as the general stress, hold-ups, pitfalls and difficulties are par for the course.
Whether you are buying your first home, or are a property investor with a portfolio of properties, you will need specialist Conveyancing Solicitors to conduct your property sale or purchase. When you approach the right firm you will be assigned an experienced professional with whom to deal exclusively.
As well as the basic conveyance, a property solicitor can offer advice on other aspects of property law. This includes assistance on re-mortgages, home equity release loans, transfers of equity, leasehold extensions and leasehold enfranchisement and tenancy agreements.
If you’re a first time buyer it’s important that you have all the support you need as the experience will be very new. If you are familiar with the whole property exchange process, you will know how important obtaining such specialists’ advice is for a smooth transition. Cutting corners is extremely risky and could prove expensive.
Traditionally, buyers and sellers automatically give their conveyancing work to their “Family” solicitor, or more commonly, a “Local” solicitor recommended by their estate agent. The upshot is often a high-priced, low-grade service. The estate agent is almost certainly pocketing sizeable referral fee – which will be passed on to the client. It’s sensible therefore to contact a Property Solicitor prior to searching for a property to avoid having to hastily appoint someone when offers and counter-offers start flying.
A genuine conveyancing solicitor will effect transactions with minimum fuss. An professional property solicitor will:
• Carry out the work efficiently & accurately;
• Mitigate the stress involved by offering support at every stage of the process;
• Be proactive rather than reactive and make sure the deal is pushed through in good time;
• Help you to negotiate with other parties successfully;
• Speed things up by being involved at every stage;
• Have ample common sense and avoid being overly pedantic in an effort to look smart;
• Be technologically advanced enough to provide a modern conveyancing service;
• Hold professional indemnity of at least £1 million;
• Be on your lenders panel of approved solicitors. This will enable them to work on your mortgage without you having to pay extra;
• Be fully regulated and listed with one of the two.
Property ownership is a hugely serious business and eschewing the advice a true professional is liable to bring a raft of unwanted difficulties.
