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Check for hidden extras when buying or selling property

The government is advising home buyers and sellers to check for hidden extras when choosing a conveyancer for their legal work.

The move comes as part of the government’s pledge to improve the buying and selling process in England and Wales.

Buying or selling property is likely to be the biggest transaction you will ever make. With this in mind, you need to make sure that you have chosen the right conveyancer, not necessarily the cheapest.

Where to start?

Get several quotes before you decide which conveyancer to use. Each of the conveyancers you shortlist should meet with the following criteria:

Are they on your mortgage company’s lending panel?

If they are, then they have satisfied your mortgage company that they have the skills and experience to be able to handle your transaction.

Do they hold Conveyancing Quality Scheme accreditation?

This is an important kite mark issued by the Law Society to let you know that the law firm has undergone a rigorous assessment process and is well placed to carry out your legal work. Check for this accreditation on the Law Society conveyancing web page.

Are they regulated by the appropriate body?

You can check licenced conveyancers on the CLC website or solicitors on the Law Society website.

Once you have satisfied yourself that all the short-listed conveyancers are qualified to do the work for you, the next stage is to obtain the all-important quotes.

Make sure that you are being given like for like quotes and that everything has been included. You can use our Conveyancing Quote Checker to make sure that you have asked all the necessary questions and to help you keep track of the responses.

Other things to ask

• Will you have a named contact throughout the entire process?
• Will you be given a letter of engagement and terms of business?
• What are the communication options?

Once you have all this information you will be able to make a more informed choice of conveyancer.

If you would like further information, the government has published guides which may help you:

The Buyers Guide
The Sellers Guide

If you prefer to speak to someone personally our team will be happy to help – call 01302 320621.

Get in touch today