How Does It Work?
Quick Legal Quotes makes it so simple to compare more than one conveyancing quote from conveyancing solicitors and licensed conveyancers.
Simply enter the details of what you require a quote for, whether this is a sale, purchase or remortgage, and we will match you with great value and low cost property solicitors and licensed conveyancers who cover your area.
The conveyancing quotes are completely free and without obligation. You will also receive full contact details of the conveyancing lawyers and licensed conveyancers giving the quotes and fees, so you can go ahead and contact them straight away!
Whether you are looking for a local solicitor or simply low cost conveyancing fees, Quick Legal Quotes can help!
Buying or selling a property can be a daunting prospect for some, so in order to assist you, Quick Legal Quotes have prepared replies to some frequently asked questions. Whilst not exhaustive, we hope that this guide will be of interest, but please remember that your experience may vary!
What is Conveyancing?
Conveyancing, in relation to property, is the process of transferring the legal ownership of a property from one person to another, or creating an encumbrance over a property, such as a mortgage. When buying or selling a house, you will be involved in the conveyancing process and it is highly recommended that you employ suitably qualified property solicitors or licensed conveyancers to ensure the process goes smoothly and that you end up with the property correctly registered at the Land Registry in your name. Property Conveyancers come in 2 different forms – Conveyancing Solicitors who are regulated by the Solicitors Regulation Authority and practice conveyancing, or Licensed Conveyancers who are regulated by the Council for Licensed Conveyancers. When employing either a conveyancing solicitor or a Licensed Conveyancer, you should ensure that they are correctly regulated by the appropriate body.
Why use a Property Lawyer?
A property lawyer can either be a Solicitor as regulated by the Solicitors Regulation Authority, or a Licensed Conveyancer regulated by the Council for Licensed Conveyancers. Buying or selling a home is the biggest transaction most people will ever be involved in and it is therefore crucial that it is done correctly. Some people believe that they could do a “DIY Conveyance”, but one small mistake could lead to big problems! Conveyancing solicitors or licensed conveyancers are there to make sure that such mistakes don’t happen, and if they do, they have the insurance to cover it! Your conveyancing solicitors or conveyancer will check the title to the property and ensure you are aware of any liabilities or conditions that you are liable for when buying a property, including any matters that are recorded in public records. Your conveyancing solicitors or licensed conveyancers will also ensure that, when buying a property, you are correctly registered as the legal owner at the Land Registry, and when selling a property that any existing mortgages are paid off when the property is sold. By comparing conveyancing fees using our instant quote service you can save yourself a small fortune and put your transaction in the hands of property specialists. To read more about property solicitors click here
Why Get Multiple Conveyancing Quotes?
There are many conveyancing firms and conveyancing solicitors who could help you move house or buy a property. However, as with most things, different conveyancing solicitors and licensed conveyancers charge varying conveyancing fees for their services. However, just because a firm of property lawyers charges more than another firm, this does not necessarily mean that you will get any less service from a law firm offering cheap Conveyancing Fees. In fact, many firms who are offering cheap conveyancing fees have simply streamlined their house moving systems meaning they can offer you great conveyancing fees when you buy property or sell property, whilst still offering a great conveyancing service. This goes for when you are looking for cheap remortgage conveyancing fees also! By comparing property lawyers and their conveyancing fees on QuickLegalQuotes.co.uk, you not only receive an instant online Conveyancing Quote, you also get the details of the property lawyers giving the quote.
Which Conveyancing Firm Should I Choose?
When you compare conveyancing quotes, there are 3 main factors to take into account. Firstly, of course, there is the cost of the conveyancing fees. Quick legal Quotes displays the online conveyancing fees given by property lawyers on our panel, depending on the details that you entered on the site, eg. Buy a property, sell a property or remortgage a property. The site also displays some property disbursements, such as Land Registry Fees and Land Registry Searches. The second thing to take into account when you compare conveyancing fees is to ask yourself – who will I be dealing with? It is a good idea to speak to the conveyance solicitors or property lawyers to make sure that you like the sound of the person you are going to be dealing with – after all, they will be responsible for seeing your property Conveyancing through to completion! Thirdly, you should ensure that the firm you are instructing is properly regulated, which is to say that property solicitors are regulated by the Solicitors Regulation Authority and Licensed Conveyancers are regulated by the Council for Licensed Conveyancers.
How long will the Conveyancing Take?
This is a question that unfortunately has no definitive answer! Whether you are buying a property or selling a property, you are normally reliant on the other party and their property solicitor to some extent. However, our experience shows that most conveyancing solicitors and licensed conveyancers expect the sale of a property or the purchase of a property to take about 6 to 8 weeks. A remortgage of a property can usually be achieved in under 4 weeks. However, your conveyancing solicitor will be able to advise you more thoroughly. Talk this through with your the companies giving conveyancing fees before instructing.
What is the conveyancing process?
When you have agreed your conveyancing fees with your conveyancing solicitor or licenced conveyancer and you have instructed them to start your conveyance, the following is a brief guide to the conveyancing process and what your conveyancing solicitor or licensed conveyancer is responsible for:
Purchase of a property:
- Obtaining information from your seller via their conveyancing solicitor;
- Checking that the seller has good title (i.e. that they have the legal capacity to sell the property and that the property has no incumbencies which might adversely affect its saleability and ability to be mortgaged);
- Agreeing the terms of the Contract for the purchase of your property;
- Obtaining and dealing with your Mortgage Offer (if applicable);
- When everyone is ready (that means that everybody in the chain has received satisfactory Mortgage Offers and all conditions have been satisfied, clear search results have been obtained and all enquiries have been answered) a moving date is agreed and exchange of Contracts takes place; this is the stage at which you are committed to the move;
- Making the pre-completion legal arrangements and checks;
- Getting the mortgage money from your lender and obtaining any balance from you;
- On the moving day, paying for your new home;
- Registering your ownership at the Land Registry which may take some months – although it makes no difference from your point of view – and they will let you know when they receive your certificate of ownership - all good conveyancing solicitors will send you a copy of the Land Registry Certificate within their conveyancing fees;
- Acting for your lender to make sure theirs and your interest is properly protected.
Sale of a Property:
- Obtaining your Title Deeds in order to prepare the Contract,
- Preparing and submitting to your buyer’s Conveyancing Solicitors the Contract and Protocol documentation for approval.
- Answering enquiries raised by the buyers property solicitors.
- When the buyers are satisfied and they have everything they need in place (searches, mortgages etc) your conveyancers will discuss and agree exchange and completion dates.
- Once a date is agreed Contracts will be exchanged and completion will take place on the date agreed.
- Once exchange of Contracts has taken place, you are legally bound to sell the property on the date set for completion
- On completion day, they will settle any outstanding mortgage debt/s which they are required
to do. Once the completion date arrives you will need to vacate the property which includes your belongings, excluding those items you have agreed with the buyer to leave at the property.
Conveyancing Fees need not cost the earth and by comparing several conveyancing quotes you may save yourself a lot of money!