Things to Consider When Hiring a Conveyancer
There are many licensed conveyancers and conveyancing solicitors offering their services to ensure smooth transactions of different properties. So, which one is the right for you?
Credentials and Experience
A good practitioner should have the means to prove how educated and how experienced they are in dealing with your particular type of property.
How fast can they work?
In a time-dependent market, it can be critical to hire a conveyancer with faster processing time. So, shop around and ask your conveyancer for a clear estimate of how much time they would require.
Do they communicate frequently and by convenient means?
Whether you are buying or selling a property, it can be a very confusing process. Therefore, your conveyancer should be willing to communicate clearly in every step of the way, without you needing to chase after them.
Are they on your mortgage lender’s panel?
Hiring a conveyancer who is not approved by your mortgage lender can lead to unnecessary complications. In worst cases, it can even lead to the cancellation of your mortgage. So, be mindful about checking whether or not your conveyancer is on your mortgage lender’s panel.
The service fees of conveyancers vary according to location, reputation, etc. That’s why, the cheapest conveyancer in your location may not be the best conveyancer. You should also look for a complete breakdown of their fees.
Do they have a financial arrangement with your estate agent?
Estate agents often get a commission for every client they recommend to a particular conveyancer, which may lead to less-than-stellar service. So, try to avoid taking the recommendation of estate agents.