4 Frequently Asked Questions About the Conveyancing Process
Conveyancing is an important part of the property selling process. Whether you are the one buying or the one selling, conveyancing is the legal part of transferring the property fro one party to another.
Here are some of the most frequently asked questions about the process.
1. What Is Conveyancing and Why Do I Need It?
When you are buying or selling a property, you will need a solicitor to take care of all your legal documents so that you don’t miss out on anything important. These compiled legal documents basically state that you are the legal owner of a house.
This process of conveyancing is important because it signifies the transfer of ownership rights from one party to another. Making sure you follow complete legal procedures is important so that any future problems should be addressed quickly.
With the help of a conveyancer or property solicitor, you can also compare conveyance quotes from specialists to help you complete your property transaction.
2. How Much Does It Cost?
Hiring a conveyancing service will typically come with a fixed fee at an hourly rate, or even as a percentage of the property price. On average, it could cost somewhere between £800 and £2,000, depending on the overall cost and type of property.
Conveyancing costs should be broken down depending on the aspects of work to be undertaken:
- Searches
- Land registry
- Legal work
- Bank transfer
- Leasehold
- New build
- Additional services, e.g. postage and courier
3. How Do I Compare Conveyancing Quotes?
Conveyancers and property solicitors are crucial to make the conveyancing process much easier. They should be able to take care of the necessary paperwork that you need when purchasing or selling your property. This way, you won’t be inconvenienced with legal matters.
They can also help you with conducting local searches, giving advice on leases and helping you with any questions you have.
We help you find a price that is right for you, especially because its important to keep costs down as much as possible, whilst securing a great service of course.
When you compare conveyancing quotes, it’s always important to remember that transactions should not be based on price alone. The process will go much smoother when a trained eye can help you get the most out of it.
4. Will I Need a Solicitor or a Conveyancer?
Now that you’ve decided to hire an expert to help you out, it’s time to figure out whether you should hire a property solicitor or a conveyancer.
The primary difference between the two is that a solicitor is able to practice other legal matters not just conveyancing.
A conveyancer is a specialist, and while they cannot offer other legal services if you only need conveyancing it shouldn’t make any difference.
Conclusion
If you are buying or selling a house, it is important to undergo the conveyancing process as quickly as possible.
Make property transactions much easier with Conveyancing Supermarket. We provide the best conveyancing quotes to help you find the best deals for your property. Visit our website today to find quotes for your area.
