Throughout life you may have been taught a lot of things you shouldn’t even believe. Not just in life in general, but even in a rather competitive market like property buying and conveyancing, impressions were left upon you that proved to be plain myths.
For first time home buyers, conveyancing has left an impression in the past that are quite untrue. But having listened to horror stories of one has gone through whilst going through the conveyancing process, you couldn’t help yourself but be vary cautious, sometimes discouraged, about buying your own home.
For others, conveyancing can be a menace – seriously doubting if such process can be carried out without stress at all. Truth is, regardless if it’s complicated or not, conveyancing can be rather convenient and beneficial if done correctly and with an expert working with you on it.
If there were things about conveyancing that you believed to be true in the past, holding off your plans of buying a property, here are 5 of the most popular ones that we urge you not to believe at all.
- Grab the cheapest conveyancing deal and you’ll save a lot of money. Not true at all. What goes out of your pocket essentially defines the quality of products and services you’ll get. Sure you don’t want something ultra expensive, but you can’t just settle for less just because. Dirt-cheap conveyancing prices are very often questionable and too good to be true. When checking out deals from conveyancing firms, be on the lookout for what could be hidden from you. Check the print thoroughly and see the breakdown of charges. Don’t give in to a £50-deal on basic fees and get shocked in the end that even photocopies of the paperwork are charged on you.
2. Conveyancers arrange property valuations and building surveys all the time. This happens but not all the time. It all depends on your agreement with the conveyancing firm/solicitor. They may often assist in that but it’s generally not part of the obligations. Surveys and home valuations are typically done following an offer to the seller. In most cases your lender would need a conveyancer to carry out some checks with regard to the property’s value, though. This is why it’s always handy to find a conveyancing solicitor ahead of time and ask what sort of assistance they can provide throughout the process.
3. Conveyancing can drag on forever. No entirely true. It may take long and be complicated at times, especially when situations surrounding the transaction and the property are quite complex, but it shouldn’t take forever – not when an efficient conveyancing firm/solicitor is working on your case. And with the kind of technology that we have these days, fund transfers and handover of documents shouldn’t take weeks. More importantly, if you have instructed a brilliant conveyancer, you’ll be kept in the loop of things and your expectations, timeline wise, will be properly managed.
Barring complex issues, conveyancing should take roughly 8 or 12 weeks till you can collect the keys and move in to your newly bought home. It’s not a definite timeline set by the market, but should happen (or maybe get even quicker) if you have all the documents in place and the tasks are carried out properly.
4. You will never be able to get a hold of your conveyancer anymore. Not true. Whether you’re instructing a local solicitor or an online conveyancing firm, a dedicated expert should be readily available to speak with you. If your conveyancer’s not around, a case manager should be able to discuss your case and provide you updates – and that’s on top of the communication you get via emails and/or SMS. There is no way that your conveyancer should be missing in action. Whilst technology takes over most of the processes, someone’s human touch is (and should always be) present at all times, keeping you in the loop of things.
And even back in the days when things are done without the help of the internet, a local solicitor out on the field or in a client call would generally have someone to assist you and talk to you about your case.
What’s even more convenient these days is that, some online conveyancing firms would also have the facility to let you login to their site and check your case’s progress.
5. There are no more local conveyancers around. No, this can’t happen. Even with conveyancing taking on the internet to make it quick and more convenient, for some, nothing beats the touch of a local solicitor who’s well versed in the ins and outs of the area. True enough, most local conveyancers are more familiar with local regulations in the area where the property is situated. The thing is the choice is always yours here. You can choose a local solicitor if you prefer bringing in documents and talking to them personally.
When choosing online conveyancers though, you need to be on the lookout for the services they offer and the cost they will charge you for. And it’s not just that, always find time to check what people has to say about them and their services. Visit online discussion boards and listen the the people’s feedback.
More importantly, if you’re on a budget, have something to compare. Check out a few conveyancing quotes from various firms and solicitors so you can have a proper reference when working your budget out.
Need help with conveyancing? Check out prices from different conveyancers by clicking on the image below.