Choosing an option for the conveyancing when you are going to sell your house
When selling a house, the legal works for the procedure to be official are quite extensive. Exchanging the contracts is just part of the process, and there is a lot of work that needs to be done before that. Different people deal with these situations in different ways. There are three main ways you can handle the conveyancing when selling your house. In order to make an informed decision on what solution would suit you the best, there are a few things you should know about.
A conveyancer is a professional that is specialised in property law and the act of conveyancing, meaning that all they do revolves around conveyancing. Hiring a conveyancer to do your conveyancing therefore means that you'll get specialised advice from someone who knows all about it. As they only handle one thing, they tend to not charge as much as people in wider fields of legal work. It also means that they can be more easily contactable, as there are fewer clients for this much specified area of law than for a law firm that handles all type of legal processes. However, if you have certain conditions that can complicate your property affair, such as being in the middle of a divorce and needing to share the profit of the property, this is not something a conveyancer can advise you on.
A solicitor is another type of professional that handles conveyancing. The main difference between a solicitor and a conveyancer is that a solicitor has a more general knowledge of more areas of the law than just conveyancing. A solicitor is therefore the preferable choice if you have special considerations to take with selling your property. They do, however, tend to be more expensive than a conveyancer as they provide a more comprehensive service. If you only wish to sell your house without any special considerations to keep in mind, a solicitor might be unnecessary for you to hire.
Doing your own conveyancing is a possibility, but it's quite difficult. You need to gather all the applicable documents and know how to register the transfer of property to all involved departments. It's easy to make a mistake, and mistakes can be both costly and add quite a lot of time to selling your house. Doing your own conveyancing might also not be much cheaper than to hire a professional, as you still have to pay all fees involved in the process. You should only choose to do your own conveyancing if you already have comprehensible knowledge about the process and know how to apply it to your own situation.