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Using same conyenacer as seller
Comments
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A colleague managed to move a chain along, by putting out that everyone had agreed on a certain moving date ; and once the rumour got legs, everyone actually got on with it.0
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I am moving from one town to another one nearby. Turns out the seller is already being represented by 'my' solicitors in the new town.
The solicitors called to say it was a conflict of interest so couldn't represent both of us and clearly advised I had the choice to go elsewhere or I could use 'my' solicitors in my current town.
I chose the latter and there have been no problems. It hasn't made anything any quicker I don't believe, I'm still as frustrated at the slow progress as everyone else waiting to exchange on here seems to be!! But, in my current experience, I've not had any problems, so I'm thankful for that
Well, they haven't told you about any problems. The risk is that your solicitor might be more inclined to turn a blind eye to issues rather than rock the boat with one of their colleagues by asking awkward questions. And you don't find out until e.g. when you come to sell.0 -
Fair point. Two heads are only better than one, if they can think independently.The risk is that your solicitor might be more inclined to turn a blind eye to issues rather than rock the boat with one of their colleagues
I last bought a house in 1989, when the business was less adversarial.0 -
Fair point. Two heads are only better than one, if they can think independently.
I last bought a house in 1989, when the business was less adversarial.
I don't even think it is that.
Correct me if i'm wrong but National chains were much less common back in 1989?
Now they are everywhere, sometimes multiples in any given town.
That's a massive overhead cost.
Office leases,staff costs,heating,electric etc etc....
Those costs need covering before any profit. Any income stream is worth considering.
Like Father Dougal said...
"As you know Ted i'm very cynical.."
But i believe those income streams are to the detriment of mainly the buyer but also the vendor...0 -
sparky130a wrote: »Absolutely no way.
And
a) It won't make things simpler
b) Do you not want your legal representation to only have your interests in mind?
c) Any conveyancer worth their salt would turn you down flat. It's a conflict of interests. They can suggest someone in their firm but i'd turn that down too.
Don't do it...
This is wrong.
It's not a conflict of interest as long as different partners deal with the case. Any conveyancer worth their salt will turn you down? Not from my experience.
OP by chance when I bought my last house I was using the same solicitors as my buyers. Different partners for buyer and seller. This was only 5 years ago.
From offer to completion was 2.5 months and all smooth. I would do it again Definately.0 -
It's not a conflict of interest as long as different partners deal with the case. Any conveyancer worth their salt will turn you down? Not from my experience.
OP by chance when I bought my last house I was using the same solicitors as my buyers. Different partners for buyer and seller. This was only 5 years ago.
From offer to completion was 2.5 months and all smooth. I would do it again Definately.
It's enough of a potential conflict that it's prohibited in Scotland (except within some very narrow exceptions). Not sure why the English don't take the same view.
Like I said above, the fact it was "all smooth" shouldn't necessarily be reassuring.0 -
This is wrong.
It's not a conflict of interest as long as different partners deal with the case. Any conveyancer worth their salt will turn you down? Not from my experience.
OP by chance when I bought my last house I was using the same solicitors as my buyers. Different partners for buyer and seller. This was only 5 years ago.
From offer to completion was 2.5 months and all smooth. I would do it again Definately.
Which is exactly to a word what I stated was it not?
Please don't be disingenuous with the editing of my posts. It helps no one.0 -
Perhaps many of our stories are a case of, "Once bitten, twice shy ; once bitten very badly, shy for a long time".0
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Having recently sold a property to a family member and asking to use one solicitor with different partners in the practice, the solicitors declined stating 'conflict of interest' as the reason.0
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