Finding the right conveyancing solicitor to work with…
Estate agents and solicitors often have shared roles but in a nut shell these two professional services differ vastly
What we’ll do as an estate agent..
Property Valuation: Estate agents assess the value of a property, considering factors such as its location, condition, and market trends. They help sellers determine an appropriate asking price.
Marketing and Listing: Once the property is ready to go on the market, estate agents create listings with professional photographs and detailed descriptions. They then market these listings on property portals, their website, in their shop windows, and through other advertising channels.
Viewings and Negotiations: Estate agents arrange property viewings for potential buyers and represent the seller’s interests during negotiations. They aim to secure the best possible price for the seller.
Sales Progression: After an offer is accepted by the seller, estate agents help oversee the sale’s progress, liaising between buyers, sellers, and their conveyancing solicitors. They work to ensure a smooth transaction.
Local Market Knowledge: Estate agents should have in-depth knowledge of the local property market, providing valuable insights to both buyers and sellers.
What the solicitors will do..
Title Checks: Conveyancing solicitors run comprehensive checks on the property’s title to verify its legitimacy and uncover any legal issues, such as disputes, restrictions, or outstanding debts.
Contracts and Documentation: They draft and review the legal documents required for the transaction, including the contract of sale and the transfer deed.
Searches: Conveyancing solicitors conduct various property searches, including local authority, environmental, and drainage searches, to identify potential issues that could affect the property.
Financial Co-ordination: They work closely with mortgage lenders to ensure that funds are in place for the purchase and oversee the financial aspects of the transaction.
Stamp Duty: Solicitors calculate and arrange for the payment of stamp duty land tax, ensuring compliance with HM Revenue and Customs regulations.
Exchange and Completion: Conveyancing solicitors facilitate the exchange of contracts and oversee the completion of the sale, including the transfer of funds and legal ownership. They will also after completion then register the title changes at Land Registry.
Guiding your sale through collaboration
There are several ways to find a conveyancing solicitor, including online searches, referrals from friends and family with positive experiences.
It’s often beneficial to choose a local solicitor, ideally one recommended by a trusted source. A good solicitor should be approachable, responsive, and capable of providing the level of service you need.
Regardless if you purchase or sale is through us we’re happy to point you in the right direction. We already work along side some of the best law firms in Scarborough and are happy to recommend the firms that we’ve found to be among the best.