One of the biggest and perhaps most life-changing decisions most people can make is to buy their own home or move home. It is a decision not to be taken lightly and will be based on a number of factors.
The next stage is to appoint conveyancing solicitors and this is a decision of perhaps equal importance to deciding to buy in the first the first place.
When considering which cheap conveyancing quotes to look at, property lawyers must ensure that you are happy with all the information provided to you. You must also ensure that you receive details of their fees up front and before you instruct them. Ensure that any fees quoted to you include all disbursements you would need to pay for and is in writing. You should also avoid instructing any property lawyers whose fees are based on an hourly basis as this can be very expensive method of instructing any firm.
Once you have analysed your conveyancing quotes, it is the solicitors job to ensure that the transaction proceeds to completion as quickly and as smoothly as possible and often contact is the key.
Property Lawyers should ensure that there are no conflicts in the contracts or agreement, and that the transaction meets the necessary laws, which are imposed to protect the rights and interests of all the parties involved in the property transaction.
With the purchase of property or land, it is then the property lawyers task to carry out a local authority search to find out the projects that are been done which will affect the value of the property or any renovations plans. There may also be other searches required by the property solicitor, which are significant depending on the type and location of the property. It is up to the property lawyers to identify and carry them out.
Depending on the outcome of these searches, the property lawyers will ask a number of questions of the seller and report back to you with their findings relating to the property before you are tied to any contract/ agreement.
The property lawyers should then keep you updated every step of the way right up to exchange of contracts and completion ensuring that queries you may have are resolved.