What Does a Solicitor or Conveyancer Do
If you are not aware of what a solicitor does, we have put this information together to help you understand their role in the mortgage process. Once you have had an offer accepted on a new place, apart from arranging a mortgage, your first job is usually to instruct a conveyancer or solicitor to deal with the transaction. If you are buying and selling, then they will of course act in both transactions.
It could be a solicitor that you instruct but you could equally opt for a licensed conveyancer or property lawyer instead. Either way, they should be regulated by the Solicitors Regulation Authority or the Council for Licensed Conveyancers, respectively.
You should make sure you obtain a correctly set out quote for the transaction to include not only their fees but stamp duty, local and other searches, land registry and other third party disbursement fees too. As mentioned on this page we can obtain a quote for you that will cover all the solicitors fees for buying and selling a house necessary and at a competitive price too.
It is not uncommon for a firm to charge extra to act for the new mortgage lender but these costs are not always apparent from their quote (this is often the case when obtaining quotes from some of the larger estate agent firms, who have their own or preferred conveyancers whose services they try to sell to you!).
We can introduce you to numerous firms utilising an online quotation system that looks around the country, providing an accurate illustration of costs AND indicates prior feedback from clients and brokers (so that you know you are not paying too much but at the same time are instructing a firm who will act professionally and in a timely and communicative manner). Nowadays it is not necessary for you to use a local firm and certainly using a firm through us you will find they provide access to an online portal which allows you to get real-time updates, this in addition to them corresponding by email, phone, and post.
If you still require further information on what a solicitor does, contact us today to have all of your questions answered by the experts at Stuart Brown Mortgage Services. We can cover mortgage solicitors fees and then recommend a firm too if required.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up the repayments on your mortgage.
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