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Planning to buy your property?

  • zasco7
  • Sep 29, 2024
  • 1 min read

Buying or selling a property is one of the most stressful transactions people undertake in their lifetime.

As you begin planning, one essential step is identifying your conveyancing solicitor early on. This simple action can significantly reduce stress and potential issues down the line.

A common mistake buyers and sellers make is signing the contract before securing a conveyancing solicitor. Once that contract is signed, you're locked into the terms, with little room for negotiation.

By choosing your solicitor before signing the contract, you gain several advantages:

  • They can review the contract and tailor it to your specific needs.

  • Ensure important special conditions are included to protect you.

  • Clarify the timeframes involved in the conveyancing process.

  • Get a clear understanding of your solicitor's fees upfront.

  • If you're buying, you'll have insight into potential stamp duty costs.

  • Have a trusted legal advisor ready to help if things go wrong.

Building a strong relationship with your conveyancing solicitor early in the process will make everything smoother and less stressful. Engaging them early doesn’t necessarily mean higher costs; in fact, it could save you money by avoiding costly mistakes.

The biggest source of stress in conveyancing is often time. Understanding time-sensitive aspects of the transaction helps manage expectations and avoid last-minute surprises. In our next article, we’ll dive deeper into how time plays a crucial role in conveyancing.

 
 
 

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