There are plenty of conveyancing myths out there which can confuse you during an already stressful time. To help, we’ve listed the top six conveyancing myths that are completely untrue, so you can get back to the fun part of buying a new home.
Sometimes conveyancing can take a little longer if things get complicated. Issues like a buyer pulling out or not getting important paperwork back on time can slow the process down, but if you manage to find a property solicitor who’s experienced and competent, you shouldn’t experience any delays on your end and the whole conveyancing process should take around 8 – 12 weeks to complete.
While value for money should be a factor in finding a solicitor, it shouldn’t be your number one concern. There are many property solicitors out there who will offer a cheap base rate only to do a terrible job or add all the extra costs for searches and paperwork on at the end, leaving you with an even bigger bill than you’d budgeted for in the first place.
We’re not saying you should pay the earth for your conveyancing, but make sure to compare more than just fees – check the company’s reviews and bear in mind that if the price sounds too good to be true, it probably is!
It’s true that nowadays many conveyancers will work remotely; using phone, email and post to keep in touch, but this doesn’t necessarily mean that they’ll be missing in action. Any good conveyancer will keep you updated throughout the entire process and will be easily available when you call, or will have an account manager ready to speak to you if your conveyancer is out of the office.
Most estate agents will offer you their own conveyancing package, and many people will choose to take it without comparing it with other quotes first. While this may look like the easy option, most estate agents will receive a commission for the deal which is tagged onto your bill, sometimes this could be up to £400 extra.
By all means take the estate agent’s quote, but make sure you at least get some other prices to compare it with as you could save yourself hundreds. The Solicitor Finder is a great way to quickly collect quotes from many different solicitors so you can immediately see if your deal is a good one or not.
This might be part of your conveyancing package but most of the time you will need to specify if you want this added on as it doesn’t come included. Many people only get a survey and a valuation done when an offer from a buyer has been put in but this can leave you strapped for time if you decide to accept the offer. Make sure you find a conveyancer before you put your house up for sale so that you’ve got everything done in good time and without any stress or delay.
As mentioned in number 3, most conveyancers nowadays will work remotely and use phone, email and post to correspond with you. That’s not to say that you can’t find a local conveyancing solicitor, but it’s not a vital requirement and a non-local conveyancer can do just as good a job.
Try The Solicitor Finder’s search engine today to search by location, price and any other requirements you may have.