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When buying or selling a property in England and Wales you need a property lawyer to act on your behalf — either a solicitor or a Licensed Conveyancer. So which should you choose?
Both conveyancers and solicitors are fully regulated and insured. Solicitors are regulated by the Solicitors Regulatory Authority. The Council for Licensed Conveyancers regulates Licensed Conveyancers. Both follow similar conveyancing practices and procedures.
Most property solicitors take on other cases like matrimonial or personal injury work as well as conveyancing services. So they are often in Court or out of the office which can be frustrating for clients trying to contact them. The few who specialise in conveyancing and join the Law Society Quality Standard, are comparable to Licensed Conveyancers.
Licensed Conveyancers are specialist property lawyers. Most focus on residential conveyancing, although a few take on commercial property and probate work. All Licensed Conveyancers are office based, so are easy to contact at all times.
When choosing a Licensed Conveyancer or solicitor, you need to consider several factors. Naturally, these include price — but quality of service can vary, and is often more important.
Buying or selling a property can be stressful. After all, it’s often one of the largest financial transactions you ever undertake. So for peace of mind, you need to be sure that you’ll get the best possible service. Online reviews are one of the easiest ways to check this.
Licensed Conveyancers and solicitors come in all shapes and sizes, from sole practitioners to multi partnered companies. Some offer very basic conveyancing services using slow postal services. More modern conveyancing practices use state of the art case management systems, with online case tracking. These let you check on your transactions 24 hours a day, 7 days a week.
Solicitors’ conveyancing costs are similar to those charged by Licensed Conveyancers. Still, average conveyancing fees charged by Licenced Conveyancers do tend to be slightly cheaper.
Whilst low cost conveyancing quotes can seem tempting, be careful. Low quality conveyancing services can increase the stress of buying or selling property. So look for firms with dozens of positive personal testimonials, not just a few good reviews.
Insurance and regulations make it hard to convey your own property in England or Wales. So, you’ll need either a Licensed Conveyancer or a solicitor to help. Which you choose is up to you — just make your decision carefully.
Property Transaction is an experienced team of Licensed Conveyancers. We can act for you to ensure your property purchase, sale or remortgaging goes smoothly. We offer professional, reliable, cost effective conveyancing services. So, get an instant online conveyancing quote here or contact us today for more assistance.