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Buying or Selling a Home?
Buying or selling a home in the Birmingham area, or even further afield? If you are, there is a certain amount of legal work that needs to be done. This is called conveyancing.
You can do the conveyancing yourself; but what are the advantages and disadvantages? Would it be better to hire an experienced professional to do this for you?
To find out more about what conveyancing involves see the links below:
Doing the conveyancing yourself
Legally, you don’t have to use a licensed conveyancer or solicitor, so you could do the work yourself. If you do choose to do the conveyancing yourself, it will save you paying fees to a professional, however:
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if you don’t have any experience in this area, there is more chance of missing important details, like where boundaries lie
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you will not receive any legal advice, for instance on other people’s rights over the property or the meaning of terms in a lease
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if something goes wrong you will be personally responsible, and may have to pay compensation to the other party and their legal costs
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you will have to pay for your lender to hire a conveyancer (lenders usually agree to use your conveyancer to save money)
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the other party may not want to buy or sell if they are not confident of your conveyancing experience
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you will not be able to give 'undertakings' (professional promises) that solicitors and licensed conveyancers use, which may cause you difficulties
Hiring a solicitor or conveyancer
You can hire a solicitor or licensed conveyancer to do the conveyancing for you and give you advice. Telling the solicitor or licensed conveyancer that you want them to work for you on the transaction is called instructing them.
When to hire someone to do the conveyancing
If you are buying a home, you should contact the solicitor or conveyancer you have chosen, once you have found a property to buy.
If you are selling a home, it may be useful to identify a solicitor or licensed conveyancer as soon as you know you want to sell. However, you will not normally need to instruct them until you have found a buyer.
Using a licensed conveyancer
Licensed conveyancers are lawyers who specialise in property law, and are regulated by the Council for Licensed Conveyancers (CLC) in England and Wales.
Licensed conveyancers must:
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have training and pass exams to gain their licences
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work to a code of conduct
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have insurance in order to cover costs if something goes wrong
Using a solicitor
If you choose a solicitor, you should use one who specialises in conveyancing.
At Brendan Fleming Solicitors, we pride ourselves in our expertise in this area. Based in Birmingham, our practice extends over the entire Midlands area: Wolverhampton, Coventry; even so far afield as Derby and Nottingham.
Go to our conveyancing page now to find out more and get an online conveyancing quote in seconds.
Our conveyancing team is lead by Brian McGeown, an Associate Legal Executive having more than 35 years experience. An expert in his field, he is considered friendly, approachable and very knowledgeable.
His good advice extends to ensuring clients are fully aware of all the costs and expenses throughout their dealings with Brendan Fleming Solicitors. He has, through his hard work and expertise, earned himself some not-inconsiderable repute in the Midlands’ property world and is proud that, in over three decades of working in the legal profession, he has never had a single negligence claim against him.
Brian's swelling ranks of satisfied clients is a tribute to his professionalism and his conveyancing expertise.
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