Purchasing or selling a home is an important step in the lives of most people. Because there are many complexities in property law, most people in the housing market choose to enlist the help of legal professionals. There are several types of professionals who can be of assistance during the purchasing or selling process. Here are a few suggestions which might be helpful when choosing conveyancing solicitors Stourbridge or the surrounding region.
This type of professional plays an important role in the transaction, whether you are purchasing or selling property. The job description of a conveyancer and that of a solicitor are different and distinct from one another. Each has a role to play during the completion of a property transaction. Each type of professional is important, so it is important to know and understand the skills and priorities of each.
A conveyancer is focused on handling the paperwork they take care of drafting contracts, as well as completing the rest of steps required to make the sale legally binding. The conveyancer begins with preparation of a draft document. The elements covered in the initial paperwork include the Particulars of the Sale, Conditions of the Sale and agreed date of completion. The seller’s and buyer’s conveyancers exchange documents and the approved contracts are drawn up and signed. The transfer of legal ownership and the transfer of payment occurs on the date of completion.
A conveyancer is specifically licensed to handle transfers of titles, but doesn’t have to be a fully licensed legal professional. A solicitor can handle conveyancing, but is also able to offer general property advice.
The decision about whether to hire a conveyancer, or a conveyancing solicitor will depend in part on the complexity of the transaction. If little beyond filling out documents and overseeing the transfer of these documents is required, a licensed conveyancing firm may be adequate. If, on the other hand, there is a need for more extensive answers, a solicitor would probably be your preferred option.
Beyond appropriate licensing, there are other characteristics which are important in choosing a conveyancing solicitor. Being familiar with the local area can help in identifying particular properties. While it is not required to be a resident of a particular community, it may help to make with discussions about a neighborhood. It may also help when making recommendations about property-related services.
Choosing the professional to handle the conveyance of a property requires knowledge about the reputation of the person or firm you are trusting to take care of the transfer details. Information can be found online, or you may talk to friends and relatives who have gone through the process previously. Another source of recommendations is a lender, Independent Financial Adviser or mortgage broker.
It can be helpful to look for the services of a professional conveyancer online. You can contact them via email, or by phone. There is no face-to-face meetings, which can be a drawback if you need to talk to a real person, or have questions outside of the usual range of duties.
