Online Conveyancing Fees- Beware of Hidden Costs - PowerPoint PPT Presentation

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Online Conveyancing Fees- Beware of Hidden Costs

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Online conveyancing is becoming a very popular means of finding conveyancing quotes. With conveyancing it is always the case that purchasing a property is more expensive than selling. – PowerPoint PPT presentation

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Title: Online Conveyancing Fees- Beware of Hidden Costs


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Online Conveyancing Fees- Beware of Hidden Costs
Online conveyancing is becoming a very popular
means of finding conveyancing quotes. With
conveyancing it is always the case that
purchasing a property is more expensive than
selling.
2
You must also pay registration costs to the Land
Registry in order to transfer the property into
your name and it is also a requirement of the
lender to register their charge against the
property.
There are a number of other disbursements, which
are usual to the transaction and which that
should not differ from solicitor to solicitor.
These include
Land Registry Priority Searches
Local and Drainage and Water Searches
Bankruptcy Searches
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However, buying a property is often a confusing
and stressful time, especially if you are a first
time buyer. And sometimes the fees can tumble out
of control - especially with the new trend of
instructing solicitors online.
For this reason you need to have your wits about
you. It is becoming more and more common to
search for property solicitors the same way you
would search for cheap car or home insurance -
ONLINE! And with this quickly becoming the best
way to find a cheap service, there are
increasingly more and more firms providing online
conveyancing quotes and services.
5
There are also a number of comparison websites
who claim to be able to compare a large number of
solicitors for you and provide you with the
cheapest quote.
Online conveyancing services cannot be catalogues
and compared in this way. Often you are simply
looking at fees alone and will not be able to see
what their service entails. Ok, so the regulatory
bodies maintain that the basics are carried out
on all conveyancing transactions to a specific
standard there is not much to control the
standard of customer services being provided or
hidden fees.
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Another issue to look out for is costs - it is
becoming increasingly common for a BASIC quote to
be provided online via a comparison site.
For this reason, I cannot stress enough how
important it is to do the following
Read the terms and conditions of the firm.
Check the small print.
Ask the solicitors for a full quotation in
writing - do not rely on any verbal quotes.
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Contact Us
www.conveyancingfees.org.uk
enquiries_at_conveyancingfees.org.uk
01296 319677
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