One of the significant milestones in every individual’s life is when they get a home they can, truly, call their own. One of the most significant pressure points when it comes to acquiring new property lies in the legal course of action that transfers the property from the hands of the previous owner to the present buyer. Having a well-seasoned conveyancing solicitor during this crucial phase is more important than words can convey.
The search for the best online conveyancing solicitors seems more difficult than actually searching for one’s dream house. So, here are 5 things that they must consider before choosing the perfect solicitor.
- Their presence on the mortgage lender’s panel
More often than not, people take the aid of banks or building societies in the guise of the mortgage. They should not make the grave mistake of going through the trouble of picking a solicitor, who is ultimately not on the panel of the mortgage lenders. This cannot only lead to complication but also cause the dreaded refusal.
- Reviews and recommendations
The beauty about the hunt for the best online conveyancing solicitors lies in the reviews that adorn their website. One can easily read about the experiences of previous clients, good or bad. This is one of the many virtues of finding an online solicitor.
If someone wants to narrow down their search even further, they can ask for recommendations from friends and family, especially those who have made a recent purchase of the property. Once they get a few hot favourites, they may go online to lock the option that fits them the best.
However, be wary of taking the recommendation of real estate agents. There might be some secretive agreement going between the solicitor and the agent which can push you into some serious trouble in the future.
- The solicitor’s fee and your budget
Buying a house is itself going to put a stress on your bank balance anyway. So, going for someone, who charges you an exorbitant amount is definitely not the path you want to tread. However, going for the cheapest option is also not going to be in the buyer’s best interest. Thus, someone whose fee seems to be in the middle is what we would like to recommend to potential buyers. The price of the service will depend on the location, proficiency of the solicitor, his/her reputation as well as experience. The price may shoot up if someone is trying to buy a property, which is seemingly shaky on the legal front. So, all of this should be kept in mind, along with what is affordable for the buyer.
They should also be giving the buyer a thorough and complete breakdown of their fees, so there is no chance of any hidden cost that pops up at the end or middle of the deal.
- Their credentials
One must look up into the educational and professional experience of the solicitor as keenly as they might have looked into the property information through a variety of sources. An individual should not be even slightly hesitant to ask about the credentials of the solicitor from him/her. One must try to keep a cordial and friendly relationship with the solicitor because coordination will be of key importance.
- Go for a large firm
Larger firms might charge the buyer a little extra, but it is worth every extra penny. They employ a bunch of brilliant solicitors, so if one lets down, there is an option of instant replacement. Also, a firm closer to the buyer’s home can be of great help. In case of an emergency, the client can reach them within a short time and drive.
With these factors in mind, one is sure to find the perfect solicitor and make their dream home a reality.