Have you ever take the help of a solicitor while buying or selling your home? If yes, you might have experience how easy they make things go. If no, you should read this article before you buy or sell a home.
A residential solicitor is the one who handles the transferring of property from one owner to another in a home transaction. They make the whole process smooth so that you don’t have to take the extra stress of legal procedure. They act as a point of contact between both the party while in a transaction.
Conveyancing is hard for normal people as they don’t have prior experience before 1st transaction of their home. It’s very important to appoint experienced residential conveyancing solicitors. Poor experience or “conveyance factories” are normally the one who is easily available on the internet with having long experience as a law firm. As the conveyancing process arise many new and complex issues prior experience is important for smooth conveyancing.
Your solicitor will handle lots of tasks on your behalf. Whether you’re buying or selling, some generalised works are as follows:
- Drafting and reviewing sale or purchase contracts
- Dealing with the land registry
- Managing the collection and transfer of funds
- Provides legal advice and recommendations
If you’re buying a new property some additional tasks that solicitor carry is:
- Conducting searches on the property which include Local authority search, environmental search etc.
- Managing Stamp Duty charges and paying to HMRC
Conveyancing is a long process. Without proper knowledge, it can take up to months or even years. Know more to read below:
- They make the process less cumbersome
Legal procedures are complex and follow a complex path for its completion. Having a solicitor makes it easy and you don’t need to visit legal department every time your documents stuck. Discuss all plans, the expectation from your conveyance to your solicitor, it will help to get a better result.
- They reduce the time consumption
Conveyance process is long and takes large time in every step. Without a solicitor time duration in every step will be larger and you’ll be stuck in one or the other. Many times sudden unexpected problems arise which require experience to solve, with your experience solicitor you can easily solve the problems in your transaction.
- They handle chain or chain free transaction easily
Chain of the transaction is one of the common causes of delay in the conveyance. A chain is a link of buyers and sellers all involved in a linked transaction. Helping your solicitor know about chain or chain free transaction will speed up the process.
Although you can perform some function of a solicitor but it’s not possible to do it all effectively. Appointing experienced residential conveyancing solicitors will help you obtain desired expectation from your property.