Choosing a conveyancer:
Unfortunately, buying or selling a home is not as easy as buying a book on Amazon. It takes time, expertise, and money. The key, though, to ensuring that this process is not unnecessarily lengthy or expensive is working with the right professionals. One such professional is a conveyancer (or lawyer)—the individual who will help you to transfer the property ownership from the seller to the buyer. To safeguard this process, it is essential to work with the right conveyancer. Below are a few key characteristics that you should look for when identifying the conveyancer who will best fit your circumstances:
1. A Conveyancer Who Is Technologically Modern
Individuals no longer have the traditional lifestyle that was the status quo decades ago. They travel the world for work. They work long hours. They work from home. And they also have the ability to communicate at speeds and through methods that were not possible just ten years ago. But because of these two changes that have occurred, businesses that provide services and products need to adjust. And this is exactly what you should expect from your conveyancer.
If you are in another country or time zone or even a neighbouring town, you should be able to get information on the progress of your property transaction. Your conveyancer should offer you access to a portal where you can view all of the updates on your transaction. This makes the entire conveyancing process as easy as it should be. Your conveyancer can do their job and you do not have to call them, email them, or visit them at their office to know what is going on.
2. A Conveyancer Who Knows The Area
A conveyancer is responsible for a number of tasks. They need to facilitate settlement on the client’s behalf, adjust rates and taxes, compile and turn in any relevant documents to the Land Tittles Office, and so much more. Many of the responsibilities rely on the experience and expertise of the conveyancer. They must know the rules and regulations of local government regarding property.
Now, this does not necessarily mean that they need an office located in your town. They simply need to be able to show that they can quickly and effectively work to find encumbrances, caveats, zoning regulations, titles, rates, and taxes. This means having the right connections, knowing where to look and who to call, as well as having prior experience in your area.
3. A Conveyancer Who Is Upfront About Their Charges
It is critical to not take conveyancing charges at face value. Conveyancers can charge for their services in a myriad of ways and, because of this, it is essential to dig deeper to see what is included in the quote and what might be left out.
Some conveyancers will charge by the hour, some will charge a fixed fee, and some will charge based on the value of the apartment or house. It is almost always better to opt for the fixed fee. While the conveyancer might assure you that they will try to get the work done in a set amount of hours, you could be left with a job half-done if they reach an hourly limit or a bill that has skyrocketed out of control.
And within the quote, make sure you truly do get a breakdown of all of the costs. This means that potential search costs, paperwork, land registry fees, postage costs, VAT, and other disbursements should be included. Keep an eye out for dodgy expenses that can inflate the bill, like letters, phone calls, and photocopy charges. Finally, it is important to make sure that all of the assumed services will be provided by the conveyancer. This includes some of the tasks listed above, as well as the preparation of the settlement statement, communication with the other party’s conveyancer about the settlement, certification that all contractual special conditions are fulfilled before the settlement is completed, and more.
4. A Conveyancer With A Good Reputation
You are buying or selling property. That is a big deal. It is a deal that you do not want to mess up with paperwork done incorrectly or not filed in a timely manner. You need to be able to rely on the professionals that you are going to work with. Your lawyer or conveyancer is no exception.
You should choose a conveyancer who has the ability to give you legal advice, if necessary. You should also choose one that specialises in the type of conveyancing that you need done—you do not want someone who is learning on the job. You want an expert who knows the answer to all of your questions. Additionally, it is important to consider a conveyancer who has had years of experience in the field. They will be able to guide you through the entire experience and know what to do if and when problems do arise.
These are just a few of the considerations that should go into choosing a conveyancer. There are also other factors that should be investigated, however. You need to ensure that the lawyer or conveyancer in question is not only licensed, but also insured. You should also ask for an estimate of how long the settlement will take. While you need to give this process time, some conveyancers are too busy to complete additional settlements in a timely manner.
Finding a conveyancer does not have to be difficult. It simply requires a few careful questions to be asked and answered. One firm that is more than happy to answer all your conveyancing questions and work with you to make sure your property title transfer goes smoothly is Titlexchange. Contact us for more information.