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  • FIRST POST
    • LizzieC2018
    • By LizzieC2018 9th Apr 18, 6:55 PM
    • 12Posts
    • 0Thanks
    LizzieC2018
    Conveyancers
    • #1
    • 9th Apr 18, 6:55 PM
    Conveyancers 9th Apr 18 at 6:55 PM
    Hi everyone,

    I'm buying a flat for the first time (although my fiance isn't a first time buyer so unfortunately I do have to pay Stamp Duty) and have just had an offer accepted on a leasehold flat

    I am just trying to get my head around Conveyancing. Our Estate Agent has of course recommended one, but I am sure that this one will be on the pricey side. Can anyone recommend an online quote comparison site for Conveyancers? I've seen a couple but not sure which are the best/most reliable.

    I am not planning to go for the very cheapest online conveyancer, as I would definitely like to have a dedicated person I can speak to (this will be reassuring for me as a first time buyer I feel)...but that being said I don't want to pay more than necessary.

    Any advice will be greatly appreciated, thank you so much!
Page 1
    • pink_pirlie
    • By pink_pirlie 9th Apr 18, 7:21 PM
    • 146 Posts
    • 95 Thanks
    pink_pirlie
    • #2
    • 9th Apr 18, 7:21 PM
    • #2
    • 9th Apr 18, 7:21 PM
    Find someone local and recommended with good reviews.

    Estate agents do not always recommend bad / expensive ones so it is worth looking into them if they are local.
    When I was selling I asked all the estate agents what solicitors they recommended and I was surprised that the local independents did recommend decent ones.
    Avoid the ones recommended by the large national agents as they tend to not be as good.

    Get three quotes and ask them what they include and donít include as sometimes they quote differently so difficult to compare.

    Youíll always get some disbursements on top but they shouldnít be too much. On my sale they were £18. Purchase havenít had the bill yet as still waiting to exchange and complete.

    Best wishes on your purchase.
    • LizzieC2018
    • By LizzieC2018 9th Apr 18, 7:33 PM
    • 12 Posts
    • 0 Thanks
    LizzieC2018
    • #3
    • 9th Apr 18, 7:33 PM
    • #3
    • 9th Apr 18, 7:33 PM
    That is so helpful, thanks very much!
    • pink_pirlie
    • By pink_pirlie 9th Apr 18, 7:48 PM
    • 146 Posts
    • 95 Thanks
    pink_pirlie
    • #4
    • 9th Apr 18, 7:48 PM
    • #4
    • 9th Apr 18, 7:48 PM
    That is so helpful, thanks very much!
    Originally posted by LizzieC2018
    No problem.
    For what itís worth I think having a good conveyancer is Worth itís weight in gold!
    Mine is amazing and totally on the ball. Everyone I know uses her and recommends her onwards.

    An extra £100 or so is nothing to take the weight off your mind that someone decent is managing your purchase when you are spending possibly hundreds of thousands on a house and donít want to lose the purchase or they miss something important which comes to bite you further down the line. And they arenít always more expensive than the ones that appear cheaper as they often have hidden costs or donít help you as much as they should.
    • G_M
    • By G_M 9th Apr 18, 7:52 PM
    • 43,805 Posts
    • 51,782 Thanks
    G_M
    • #5
    • 9th Apr 18, 7:52 PM
    • #5
    • 9th Apr 18, 7:52 PM
    Walk down your high street and pop into 3 solicitor's firms.

    How you are treated will tell you a lot, beyond jst the prices they quiote. And having a local firm you can visit is worth a lot.

    Be careful comparing quotes, especially cheap online ones, to ensure like-for-like. Some exclude things which get added on as extras (eg completing the SDLT submission).
    • Johnhowell
    • By Johnhowell 9th Apr 18, 8:31 PM
    • 609 Posts
    • 271 Thanks
    Johnhowell
    • #6
    • 9th Apr 18, 8:31 PM
    • #6
    • 9th Apr 18, 8:31 PM
    Lizzie,
    From your message, is it "we are buying" a flat - you and your fiance! - or just you? I could expand on the options when buying a place together or on your own, but will confine myself to the solicitor:

    As you have been advised above, get several quotations for the value of the property you are going to buy.
    I would use a solicitors either near to where you live at the moment or near to your work, so that you can walk in easily to hand in or sign documents.

    As above, make sure they are like for like. I noticed some items are described differently, some with VAT some without.
    I kept a spreadsheet itemising the different elements I was expected to pay - as well as detailing the staged submission of the deposit I was required to give them - this was because my bank only allowed a daily transfer of £10,000.

    Be careful. I telephoned the solicitors for their bank account details. I sent a small test amount ~£10 and waited until the solicitor/assistant confirmed receipt. Then sent the rest in stages. On the last payment, I e-mailed requesting confirmation that the total requirement amount had been received. This being in good time before Exchange, so that if a problem arises there was time to solve it.

    Also, I would have at least a week or two between Exchange and Completion. Also, do not rely on the solicitor to suggest a date for Exchange, it will drag on. Once I knew the Vendor was nearly ready with paperwork being processed I suggested a date that was suitable to me moving out of the rented accommodation but with a bit of float. Making the suggestion made the parties wake up and think seriously about the move and they suggested a date a week later - which was the actual date I wanted! This allowed for a two week overlap to the Tenancy Agreement Fixed period ending. Expect your solicitor to blame the other solicitor if things drag on - it is never their fault!

    Also, when you receive the final invoice do check the amounts against the quotation items. As mentioned before, I noticed some items were re-named (to mislead?) and the total amount was £104 more that the individual items added up!
    A quick e-mail the solicitor and the assistant replied "oh, apologises for the mistake" Yeah, believe that if you like - I just wonder how many people paid up the final amount...?

    One other thing: Have you done a second viewing with the Vendor - if not, do request that through the Estate Agent. At this meeting best with the Vendor, ask about any original ownership deeds - not the Land Registry but the original deeds. Most mortgage lenders no longer hold these as "everything is electronic now-a-days". However, Land Registry only records those items from the original deed/conveyance that they are interested in. Always good to ask now as the Vendor is still resident - also ask about any other documents such as manuals for any appliances remaining (boiler, oven, hob, air conditioning unit, etc.)

    Anyway,
    Good Luck,
    John
    • LizzieC2018
    • By LizzieC2018 9th Apr 18, 8:38 PM
    • 12 Posts
    • 0 Thanks
    LizzieC2018
    • #7
    • 9th Apr 18, 8:38 PM
    • #7
    • 9th Apr 18, 8:38 PM
    Thank you so much, that is such good advice, really appreciated
    • LizzieC2018
    • By LizzieC2018 9th Apr 18, 8:40 PM
    • 12 Posts
    • 0 Thanks
    LizzieC2018
    • #8
    • 9th Apr 18, 8:40 PM
    • #8
    • 9th Apr 18, 8:40 PM
    Hi @JohnHowell - thanks so much for taking the time to write such a detailed reply with really helpful advice. Yes it's myself and my fiance - we have done a second viewing but I am sure I can arrange a visit with the vendor to ask about the items you mention.

    Thank you again!
    • Johnhowell
    • By Johnhowell 9th Apr 18, 8:48 PM
    • 609 Posts
    • 271 Thanks
    Johnhowell
    • #9
    • 9th Apr 18, 8:48 PM
    • #9
    • 9th Apr 18, 8:48 PM
    Hi @JohnHowell - thanks so much for taking the time to write such a detailed reply with really helpful advice. Yes it's myself and my fiance - we have done a second viewing but I am sure I can arrange a visit with the vendor to ask about the items you mention.

    Thank you again!
    Originally posted by LizzieC2018
    A further visit to "measure for curtains, carpets, bath rugs, mirrors, show mum around" - something to get in with the Vendor... ;-)

    John
    • LizzieC2018
    • By LizzieC2018 10th Apr 18, 7:56 AM
    • 12 Posts
    • 0 Thanks
    LizzieC2018
    Brilliant plan, thanks John!
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