Good Conveyancing Solicitors are vital for a successful property transaction, but with so many to choose from how do you make the right choice?
The answer is to look for one that meets these 3 criteria:
1. They offer a No Completion No Fee guarantee
2. They give Fixed Fee quotes
3. They will match any quote
Let s look at these in a bit more detail to see why they re so important:
1. No Completion No Fee
This means if your sale falls through you don t pay a penny.
Mistakes or laziness by solicitors are a key reason for sales to fall through so safeguarding yourself is important.
A firm offering a No Completion No Fee guarantee doesn t get paid if the sale falls through. And law firms like to get paid, so this is a great incentive for them to do a good job!
Most firms of solicitors will never make this offer so what does it say about a one that does? It says that they are confident that they will do a good job and that the transaction will be successful. In other words, even though they can t guarantee the transaction will complete, they don t expect there to be any problems as a result of their legal work.
2. Fixed Fee Quotes
The next thing to look for is a firm that offers Fixed Fee quotes. In other words, however long your transaction takes you know how much you ll have to pay.
Legal costs can skyrocket very quickly it doesn t take many letters at 50 pounds a time to add up so it s vital to cap your costs.
As a bonus it also incentivises your conveyancing solicitors to get everything right quickly and first time, since if they drag things out they are costing themselves money. Since speed can often be vital in getting your sale or purchase through successfully this is a real advantage.
Make sure as well that your quote includes disbursements . This is the term solicitors use to describe expenses such as search fees. On a conveyancing transaction they can add up to almost as much as the legal fees. Most are known in advance so make sure they are included in your quote.
3. They will match any quote
This way you ll get the best price you can. No need to worry about finding a better deal elsewhere once you re committed.
A match any quote guarantee plus a Fixed Fee quote are the best way to get a great deal. You cap your liability, while taking advantage of the best possible price.
Now not all firms of solicitors will offer these things up front. It is often the larger firms that have the confidence to do so. However, this doesn t stop you asking.
And what if you can t get all three? Well the most important thing is to make sure that you cap your costs, therefore, you should insist on a Fixed Fee quote. Next on your list should be a No Completion No Fee guarantee and finally a match any quote offer.
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We review the UK's leading Conveyancing Solicitors so you don't have to. To get a FREE, instant quote or for more info go to http://www.Conveyancing-Solicitors.info
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