We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Buying a house, do I really need a solicitor?
monkey74
Posts: 42 Forumite
I am buying a house from my good friend of many years on Monday morning at the land registry office in Durham. It is a cash purchase, Freehold property in Chilton, all the searches are done, there is no mortgage or estate agent involved. Is it really necessary to involve a solicitor given the prices they charge?
0
Comments
-
If it involves large sums of money changing hands for property, then yes, you really need to be protected and a few hundred pounds legal fees is a small price to pay.0
-
I know but they are asking for nearly 2% of the property price for 20 minutes work! Is it a legal requirement?
Mods: I posted this thread in wrong forum, and can't seem to delete it. I have reposted in correct forum0 -
There is no legal requirement to use a solicitor to purchase a property.
A conveyancing company can do it and you can also do it yourself providing you are aware of the process.
The conveyancing fraud by Michael Joseph is a very good book on the subject.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards