Finance

How To Ensure Conveyancing Solicitors Do The Job Properly

Written by : mek jones Saturday, 30 April 2011 14:14

Finance - Real Estate

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When going through the process of buying and selling property, the ultimate goal is to have it all run smoothly.  To this end, the role of conveyancing solicitors is an important one in the whole process as their role is to oversee and conduct the legal process between the concerned parties.  In fact, conveyancing solicitors can make or break a sale.  Therefore, it is critical to choose a great conveyancing solicitor.  And it’s not by looking at the usual criteria most people think of.

Usually people look at things like reputation, pricing and and credentials, which are of course all important.  However, are they prepared to offer a fee guarantee?  In these competitive times, any conveyancing solicitors firm worth employing will do just that.  A fee guarantee means that if for some reason the transaction is not completed, you do not have to pay a fee.

In many ways this is very fair.  If the sale or purchase falls through, they haven’t done their job to a satisfactory level and should not be compensated for it.  Not only is it a great incentive for them to ensure everything goes smoothly, it offers you great security.

Sometimes there may be reasons a sale falls through that is not the conveyancing solicitors fault.  But more often than not, it is a result of their poor service.  If they are guaranteed not to get paid if the transaction falls through, the chances of this happening will be greatly decreased.

At the end of the day, everyone wants a successful contract completion.   Offering a fee guarantee only seems fair to both parties.  It offers great peace of mind to the consumer and a great incentive to the solicitor, who will get paid on performance.  It’s a win-win situation for everybody.

It is also possible to ask for a fixed fee quote.  If this is not done, it is probable that all sorts of hidden costs can accrue during the conveyancing process.  A fixed fee ensures there are no surprises at the end.

Combining a fee guarantee with fixed fees is a realistic expectation that all consumers buying and selling property should realize.  It will ensure you get what you pay for, nothing more and nothing less.