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House Sale Conveyancing

Terence123
Posts: 51 Forumite

I am have received an offer on my late Mum's house it has no mortgage and I have the deeds here. I am legal executor so far so good I would like to do the Conveyancing myself. I have more years ago then I care to remember done this but wonder if everything has changed.
I mentioned it to the Estate Agent and they said you can't do it as it is a legal process and you need a solicitor.
They then recommended one which is around 20 miles from my home but they need al sorts of ID etc and I dont want to be going backwards and forwards. It also states in this companies letter that they are paying the estate agent £120 for the 'introduction' which makes me think I am paying too much.
I have read various threads stating make sure you have the money etc would thsi just be by bank transfer? and I would ring the bank?
Any advice would be gratefully received.
Thank you
I mentioned it to the Estate Agent and they said you can't do it as it is a legal process and you need a solicitor.
They then recommended one which is around 20 miles from my home but they need al sorts of ID etc and I dont want to be going backwards and forwards. It also states in this companies letter that they are paying the estate agent £120 for the 'introduction' which makes me think I am paying too much.
I have read various threads stating make sure you have the money etc would thsi just be by bank transfer? and I would ring the bank?
Any advice would be gratefully received.
Thank you
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Comments
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Does this thread help at all:
https://forums.moneysavingexpert.com/discussion/4033635
This thread includes link to suggested booksYou were only killing time and it'll kill you right back0 -
Do it yourself, i was delayed weeks and weeks coz my buyer had countrywide bumkins and we had no chain.
now Im buying it seems my vendor have employed a worse solicitor who have no staff and struggling to placate who shouts loudest, even i went into the vendors solicitor last week trying to hurry them up.
there's no chain again and so we've waited a week for them to post my side the last papers we need. the vendors are sleeping on the sofas waiting to move
the only thing that stopped me from buying it myself was the fact that it's leasehold, or I would have gone ahead without a solicitor.
I have done my own searches, got my survey and rang planning dept anyway to try hurry this up0 -
As there is no mortgage just go for it. Read the books and come back here if you don't understand anything.
Apart from saving a small fortune, you will be in control and should be able to hurry the matter along."If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools"
Extract from "If" by Rudyard Kipling0 -
Terence123 wrote: ».... I mentioned it to the Estate Agent and they said you can't do it as it is a legal process and you need a solicitor.
They then recommended one which is around 20 miles from my home but they need al sorts of ID etc and I dont want to be going backwards and forwards. It also states in this companies letter that they are paying the estate agent £120 for the 'introduction' which makes me think I am paying too much.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
If htere is no mortgage the major obsicle is removed.
Use the library or Amazon to get one of the DIY conveyancing books available.0 -
Hi Terance
Can't say I agree with any of the advice on here.
Spend the £500 or so on the conveyancing with a solicitor and shop around on the high street near you for a competitive quote.
Be sure to point out that there is no mortgage to pay off which will lighten their workload and thus should reduce the fees incurred.
I know this is MSE but DIY conveyancing is just silly. Pay the expert and have the peace of mind that its done properly.
Contrary to what it being said, the estate agent is not a lyer, they are simply assuming that when dealing with your mums estate and the subsequent property sale that a solicitor is required. This is a fair assumption in my eyes.
Also, nothing wrong with recommding a solicitor either. Estate agents tend to recommend efficient solicitors who get the job done and at a decent price.
I am not a conveyancer by the way!0 -
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Contrary to what it being said, the estate agent is not a lyer, they are simply assuming that when dealing with your mums estate and the subsequent property sale that a solicitor is required. This is a fair assumption in my eyes.
There is no legal necessity ('requirement') to use a solicitor to deal with a deceased's estate.
Nor to do conveyancing.
Whether the OP is knowledgable enough, or skilled enough, to do either/both is another question, which only he can answer.
It may be wiser to use a solicitor, but it is certainly not a requirement.
Bit like car maintenance. Some people can do their own, some would be stupid to try and should go to a garage.
And home plumbing.
And investing in the stock market.0 -
Terence123 wrote: »I am have received an offer on my late Mum's house it has no mortgage and I have the deeds here. I am legal executor so far so good I would like to do the Conveyancing myself. I have more years ago then I care to remember done this but wonder if everything has changed.
I mentioned it to the Estate Agent and they said you can't do it as it is a legal process and you need a solicitor.
They then recommended one which is around 20 miles from my home but they need al sorts of ID etc and I dont want to be going backwards and forwards. It also states in this companies letter that they are paying the estate agent £120 for the 'introduction' which makes me think I am paying too much.
I have read various threads stating make sure you have the money etc would thsi just be by bank transfer? and I would ring the bank?
Any advice would be gratefully received.
Thank youI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
.... I know this is MSE but DIY conveyancing is just silly. Pay the expert and have the peace of mind that its done properly.
Contrary to what it being said, the estate agent is not a lyer, they are simply assuming that when dealing with your mums estate and the subsequent property sale that a solicitor is required. This is a fair assumption in my eyes.
As for the EA not being 'a lyer [sic]', quite plainly, they are liars to claim that a solicitor has to do the work - motivated by the kick back from their pet solicitor, no doubt - it is entirely possible and legal to do your own conveyancing.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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