Do I need a solicitor????

catlover1_2

Hi Everyone,

Will be buying a house (circa £300,000) with a 70% mortgage (no sale of other property)

Is there any legal reason I need a solicitor for the purchase, surely I can arrange the searches, surveys and draw upo the contracts myself thus saving loads ??????

xx

Hippychick

If you are buying with a mortgage your lender will insist that they have a solicitor to act for them, so it would be easier and less hassle to pay for a solicitor.

If you are spending 300k on a house surely £600.00 odd is a small investment to make in order to ensure that everything is legit. Just shop around and get recommendations from people you know.

Conveyancing is not as simple a process as people think it is.

catlover1_2

Thanks Happy Chick,

what I am asking though is it legal for me not to have a solicitor .... I have no doubts that it would not be a simple process but I do have 2 degree's and a masters all 1st class and enjoy paperwork and learning new processes so would enjoy doing the searchs , checks drawing up the contracts etc... and reading up on all the conveyencing law, if its legal to do this I would buy as many conveyencing and case law books as I could (or read them in one of the university libraries) as it would be fun.

xx

clutton_2

it is not illegal to do your own conveyancing. but your lender may well insist - in which case you will have to use a solicitor if you want to buy the house.

Jonbvn

A guy I worked with previously did his own conveyancing when he bought his house. He did based on details from a book. However, a quick google search turns up lots of interesting sites.

http://www.themovechannel.com/guides/Buying/Conveyancing/DIY_conveyancing/

budget_counsellor_shaz

catlover1 wrote: »

Thanks Happy Chick,

what I am asking though is it legal for me not to have a solicitor .... I have no doubts that it would not be a simple process but I do have 2 degree's and a masters all 1st class and enjoy paperwork and learning new processes so would enjoy doing the searchs , checks drawing up the contracts etc... and reading up on all the conveyencing law, if its legal to do this I would buy as many conveyencing and case law books as I could (or read them in one of the university libraries) as it would be fun.

xx

We have bought 2 properties and sold 2 properties and completed our own conveyancing on both of them. You will need to check with your mortgage provider.

You do need to be organised and I would also recommend 'Doing your own conveyancing' by Paul Butt.

All of the contracts you need are standard contracts we got ours from Oyez

http://www.oyezforms.co.uk/

We will also completethe conveyancing on our next house. I would recomend it as I always know what is going on and what the other side should be doing and am able to speed up the process.:T

PM me if you want any more info. I must also add my husband and I don't have any qualifications in conveyancing but will continue to do our own conveyancing, the searches are easy to do too. It also takes alot of stress out of the sale because you know whats supposed to happen;)

I do not understand as to why the conveyancing process appears to be so complicated in this country:rolleyes:



I would not however complete my own conveyancing if the house was not an ordinary type of property or if I picked anything up after starting the process that was out of the ordinary......


I read through the link Jonbvn gave and found that very informative too.



HTH Shaz

guppy

Even if you do have to use a solicitor, it never hurts to check things yourself. Blind trust is always dangerous!

No offence to solicitors and conveyancers, but it can't be denied some people end up buying in to some real legal nightmares, despite paying for professional advice...

Mr_Bear_2

also dont forget if you do it wrong your Insures wont bail you out, also the other party may not be happy not to deal with a party who is a non solicitor

conveyancing can be v complicated!

budget_counsellor_shaz

Mr_Bear wrote: »

also dont forget if you do it wrong your Insures wont bail you out,

Insurance? insurance for what exactly?

Biggie

budget_counsellor_shaz wrote: »

Insurance? insurance for what exactly?

Indemnity insurance you can sue if some thing obvious is over looked.
If you well confortable then fine if not is it really worth the hasttle....

I'd rather get pease of mind............

budget_counsellor_shaz

Biggie wrote: »

Indemnity insurance you can sue if some thing obvious is over looked.
If you well confortable then fine if not is it really worth the hasttle....

I'd rather get pease of mind............

I find I have more peace of mind and its less hastle when I have more control over the situation. I find it more stressful when I don't know whats going on. I do appretiate its not for some, but a number of people have completed their own conveyancing and I haven't (as yet) heard of anything going wrong. I have paid solictors in the past and there are some brilliant solicitors/ conveyancers out there.

I have been unfortunate in the past when instructing solicitors and frustrated by their lack of comunication. The professionals we have worked with since completing our own conveyancing have been great (except 1 who didn't believe we were doing it ourselves and kept accusing us of getting advice from elsewhere:rolleyes: )

There is a lot of information out there to assist anyone wishing to complete their own conveyancing.

But for me I will continue to complete my own conveyancing, although, I would instruct a conveyancer if I was worried about any of the 'special conditions' convenants, listed, right of ways etc.