Buying and Selling Property can be a stressful process. There are many things involved, and at times, it will all happen simultaneously. This is why it's essential to work with a conveyancing solicitor to make the process go a bit smoother.
Generally, conveyancing solicitors act for both buyers and sellers of property. However, it is possible for a conveyancing lawyer to act for one and not the other, so be sure to check this. The role of a conveyancing solicitor is to arrange the transfer of property between the seller and the buyer.
Their professional help can do a lot to make buying or selling property much easier. Now, what happens if you need or wish to change solicitors in the middle of it all? While it's possible, it can also lead to a few complications and bumps down the road for you.
One way to prepare is to do your research and understand precisely how to change solicitors and what to expect when you do.
Here's what you need to know:
The Conveyancing Process
The conveyancing process is where the solicitor acts as an agent for the buyer and the seller. They are responsible for arranging the purchase of the property, and they are also responsible for ensuring that the property is fit and suitable once it's been purchased and ensuring that everything runs smoothly during the sales of the property.
It also includes any legal action needed if someone tries to stop the property from being bought or sold or if something is wrong with the property that needs to be fixed.
Once the sale takes place, the conveyancing solicitor is also responsible for ensuring its legalities. They will ensure that everything is documented and registered with the land registry office and that the property transfer is complete.
How to Change Solicitors?
You might want to change your conveyancing solicitor for several reasons. Perhaps because you're not happy with the service you're currently getting, or maybe because you want to make a couple of changes to the chain of people involved in the process. Either way, changing solicitors is not a complicated process, but it is a process that needs to be done right.
Before you decide, you need to speak to your existing conveyancing solicitor and let them know that you want to make a change. It's important to let them know in advance to have enough time to organise their workload and take on new clients.
You should also be aware of any contract you have in place with them and any costs involved in making the change. If you have a contract, they should be able to give you a copy of that, too.
After informing the existing solicitors that you want to end your relationship with them, they will put a plan into place and either work on the conveyancing process until it is complete or pass the details and documents over to your chosen new solicitor.
The move will be recorded in the land registry office, and it will be the new solicitor responsible for the completion of the sale or purchase. If you're the seller, you must get permission from the buyer before you change your solicitors. If you're the buyer, you must obtain permission from the seller before you change your solicitors.
What to Expect After the Transfer?
After the solicitor transfer, the new solicitor will be responsible for the conveyancing process. They'll need to contact both parties involved in the transfer and get them to sign appropriate documents.
They will be responsible for contacting the land registry office and ensuring that the transfer is recorded. They will also be responsible for ensuring that the transfer is legal and correct.
From that point on, you're back to square one, you can sit back and wait to hear from them, or if you're the seller, you can start the process with your new solicitor.
What to Look For in a Conveyancing Solicitor?
If you're looking to find a good conveyancing solicitor, there are a few different things that you should look out for.
1. The Right Expertise
Many different things surround an estate transaction, and you must work with a solicitor with the right expertise to handle those. If you've got a significant commercial transaction, you should make sure that your conveyancing solicitor has experience in that field.
2. The Right Fees
While you may be happy to pay more for quality service, you shouldn't be happy to pay through the nose, either. Look at the fees your solicitor is charging, and look at the kind of experience they are bringing to the table and what you are getting for your money.
3. The Right Results
Finally, it's essential to make sure that your solicitor can produce the kind of results that you're looking for. Look at the success rates they have had in the past, and find out about any awards or recognition they have been given for their work.
Final Things to Consider
Discussed are some of the factors you should consider before taking the plunge and changing your solicitors. Changing your solicitor may seem like a simple change, but it can have many side effects that might be unexpected. You need to be aware of this, and you should be aware of what you can do to minimise the risk.
Before you change your conveyancing solicitor, you should do a lot of research. Find out about your current solicitor and how they work, what kinds of contracts you have signed, and what you will be responsible for should you change.
You should also compare solicitors and decide based on what you find out. Look at their experience, as well as their success rate, and ensure that you get the best legal service for your money.
If you want to know more about this, you can find a lot of information online, but always make sure that you're dealing with a reputable source.
The Bottom Line
If you're looking to change your conveyancing solicitor, you should make sure that you inform your existing solicitor before you do it. It's essential to inform them in advance to have enough time to prepare for the change and make the necessary arrangements to deal with the switch.
Likewise, you should also be aware of any contracts or fees you will be responsible for. Once you've made the change, the new solicitor will take over and be responsible for the conveyancing process and the transaction of the property. Make sure that you know what you're getting into and aware of any potential problems you may encounter.
If you need to find conveyancing quotes in the UK, we’re here to help you. Conveyancing Calculator is an online residential conveyancing calculator. We use our trust and accurate conveyancing fees calculator to ensure you get the best idea of the costs you are facing. Browse through our website for more information.
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