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Can I just use a cheap online conveyancing comapny?

Of course you could..... but should you? What is conveyancing? Conveyancing is the legal process of transferring ownership of property from one party to another. It is a crucial part of the home buying or selling process, and it requires the expertise of a qualified conveyancing Solicitor or Licensed Conveyancer or CILEX. However, the conveyancing market is crowded with cheap conveyancing factories that promise a quick and cheap service, while it may be tempting to opt for a low-cost conveyancing service, there are several advantages to paying a higher price for a quality conveyancing service for one of the most expensive purchases you are likely to make in your life.

1. Expertise

A cheap conveyancing service may be run by inexperienced or unqualified staff who may not be able to provide the level of expertise required for a smooth and hassle-free transaction. In contrast, a reputable solicitor conveyancing service will employ experienced and qualified conveyancers who have the necessary knowledge and expertise to navigate complex legal issues that may arise during the conveyancing process. It is not just about the buying of the property it is making sure you have good title when you come to sell your home.

2. Personal Service

Cheap conveyancing factories tend to operate as high-volume businesses, which means that clients may be treated as just another number in a queue. In contrast, a quality solicitor conveyancing service will provide a more personal service, with dedicated solicitors who will take the time to understand the needs and requirements of their clients and provide tailored advice and support throughout the process.

3. Attention to Detail

Conveyancing is a highly detailed and complex process that requires careful attention to detail to ensure that all legal requirements are met. Cheap conveyancing factories may cut corners or rush through the process, leading to errors or oversights that can cause delays, legal complications, or even financial loss. In contrast, a quality conveyancing solicitor service will take the time to ensure that every aspect of the conveyancing process is carefully considered, and all legal requirements are met. If someone isn’t trained, they won’t know is missing to even understand there is an issue.

4. Transparency

Cheap conveyancing factories may lure clients in with low advertised fees, but they often add on hidden costs or fees that are not disclosed upfront. In contrast, a quality solicitor conveyancing service will provide transparent pricing and clearly explain all costs and fees. The fee discrepancy between conveyancing factories and quality conveyancing solicitors are usually very little by the time the matter completes.

5. Protection

A quality solicitor conveyancing service will typically provide protection to its clients against potential legal issues or financial loss through professional indemnity insurance, which provides financial protection if the solicitor makes a mistake that causes financial loss to the client.

Solicitors are regulated by the Solicitors Regulatory Authority and have to be part of the Quality Conveyancing Scheme to qualify to act on behalf of lender, all of whom have systems to monitor and check the suitability of the solicitors.

In conclusion, while cheap conveyancing factories may be tempting, paying a higher price for a quality solicitor conveyancing service offers several advantages. From expertise and personal service to attention to detail, transparency, and protection, a quality solicitor conveyancing service will ensure a smooth and hassle-free transaction and provide peace of mind for both buyers and sellers, for now and in the future. If you want to know if you are in safe hands, ask if a solicitor is acting on your property transaction and will they manage the file daily.

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