Is anyone moving now?

Author
Discussion

essayer

9,080 posts

195 months

Monday 2nd August 2021
quotequote all
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too

nick30

1,567 posts

172 months

Monday 2nd August 2021
quotequote all
Claude455 said:
100% use a solicitor that’s been recommended… by someone impartial, not by your EA who will get something off the back of it.
Though it might help speed up the process and I don’t really trust anyone! As mentioned I am far more peeved with the SD cost

nick30

1,567 posts

172 months

Monday 2nd August 2021
quotequote all
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
But they are also working for me too surely because I want the house they are selling

Mr Whippy

29,058 posts

242 months

Monday 2nd August 2021
quotequote all
nick30 said:
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
But they are also working for me too surely because I want the house they are selling
Ummmm.

Flooble

5,565 posts

101 months

Monday 2nd August 2021
quotequote all
nick30 said:
But they are also working for me too surely because I want the house they are selling
If you feel pressured into something ask yourself why that person is pressuring you.

They're not your friend and it's a one-time transaction. You don't buy a house every year, possibly not even once a decade. So you really don't need to care what they think.

Personally if an estate agent "recommended" a solicitor to me I'd respond "Okay, I'll use them but we cut the referral fee 50/50".

nick30

1,567 posts

172 months

Monday 2nd August 2021
quotequote all
Mr Whippy said:
nick30 said:
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
But they are also working for me too surely because I want the house they are selling
Ummmm.
Any sound advice greatly received, please help explain


Mr Whippy

29,058 posts

242 months

Monday 2nd August 2021
quotequote all
nick30 said:
Mr Whippy said:
nick30 said:
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
But they are also working for me too surely because I want the house they are selling
Ummmm.
Any sound advice greatly received, please help explain
You want the house. Great.

But you need a party that represents your interests to tell you if it’s not in your interests to buy it.

Who knows what variables/issues that might be detrimental to the title, but if you don’t know what they might be, you can’t ask.
And if you have a conveyancer representing the seller, they won’t raise them on your behalf.

It’s not just a house with a line around it and that’s that... unfortunately.
It probably should be a LOT more than it is... but it’s not... and you need someone telling you important stuff that is in your interests!

nick30

1,567 posts

172 months

Monday 2nd August 2021
quotequote all
Thanks Mr Whippy I will search around and ask some friends for recommendations then but part of me thinks I should just go with them still bearing in mind solicitor cost I was quoted seems reasonable. I want this to be quick as possible so I am trying to tick all the boxes as fast as I can.

sjc

13,968 posts

271 months

Monday 2nd August 2021
quotequote all
nick30 said:
Thanks Mr Whippy I will search around and ask some friends for recommendations then but part of me thinks I should just go with them still bearing in mind solicitor cost I was quoted seems reasonable. I want this to be quick as possible so I am trying to tick all the boxes as fast as I can.
Fella,you’ve just asked why you shouldn’t do that,the reply was 100% on the money … listen to it.

greygoose

8,269 posts

196 months

Monday 2nd August 2021
quotequote all
nick30 said:
Thanks Mr Whippy I will search around and ask some friends for recommendations then but part of me thinks I should just go with them still bearing in mind solicitor cost I was quoted seems reasonable. I want this to be quick as possible so I am trying to tick all the boxes as fast as I can.
This is a big purchase, stop thinking short term and get some proper advice from an independent solicitor not connected to the seller and estate agent, you could regret this decision for years!

Claude455

169 posts

147 months

Monday 2nd August 2021
quotequote all
I’d fully recommend my solicitor. It probably doesn’t matter where in the UK you are but he’s based in Wantage, on the Oxfordshire/Berkshire border. PM me if you want his details.

Fast Bug

11,708 posts

162 months

Monday 2nd August 2021
quotequote all
Estate agent I was buying through suggested I use their pet solicitors, fortunately I used someone else and the sellers used them. They were awful, they had to ask my solicitors how to write a statutory declaration, got dates wrong even though they'd already provided the correct dates in pervious correspondence and had an aversion to answering the phone. If it wasn't for my agents progression team keep pushing pushing and complaining to one of the partnership at a lack of progress I think it would've fallen through. Still I'm sure the agents got a nice kick back from the deal though...

surveyor

17,841 posts

185 months

Tuesday 3rd August 2021
quotequote all
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
I’ve seen a lot of rubbish but this one takes the biscuit.


Flooble

5,565 posts

101 months

Tuesday 3rd August 2021
quotequote all
nick30 said:
Thanks Mr Whippy I will search around and ask some friends for recommendations then but part of me thinks I should just go with them still bearing in mind solicitor cost I was quoted seems reasonable. I want this to be quick as possible so I am trying to tick all the boxes as fast as I can.
I sense you are seeking confirmation from people on here that your estate agent's solicitor is the way to go. You are unlikely to get that confirmation and therefore you are now in a situation where you have conflicting "advice".

Ultimately only you can make the call, but just remember what I said, that none of the people involved in this transaction are your friend, however much they may act like it at the moment. Nor do you owe any of them any favours - you are paying for a service. ​

Read your posts back to yourself with a neutral expression and you are coming across as desperately wanting to go with the estate agents solicitor and trying to come up with reasons to do so. Now imagine that was someone else posting, what would you think about them?

Flooble

5,565 posts

101 months

Tuesday 3rd August 2021
quotequote all
surveyor said:
essayer said:
EAs basically work for your buyers so the last thing you want is a solicitor working for your buyers too
I’ve seen a lot of rubbish but this one takes the biscuit.
I suspect he meant to type vendors.

biggbn

23,429 posts

221 months

Tuesday 3rd August 2021
quotequote all
Caddyshack said:
Flooble said:
Maximus_Meridius101 said:
biggbn said:
Will be my first mortgage, house we are in is my partners, and even that was bought from council when we had been tenants for several years so the whole house hunting is new to us both.
Be aware that most lenders won’t lend past your 65th birthday. If you’re mortgaging, you will have a shorter time / higher cost mortgage than most people.
Given that youngsters have state retirement ages of 67 - 70, why 65? Or was that specific to the guy who is over 50?
Very few lenders would be 65…most are 70 but the likes of Santander will go to 75. Metro will do 80. Barclays will ignore the age of oldest applicant if not reliant on their income.
Looks like I may have 17 year mortgage sorted, and that rhe lender will accept my partners gift as a deposit, although as ever this is not all 100% till the unknown dry on a 'real' application as its all in principle, although in a deeper level than I had, through my advisor.

L_G

173 posts

35 months

Tuesday 3rd August 2021
quotequote all
anonymous said:
[redacted]
Fair enough, however there are cases where the solicitor will pay a referral to the EA which forms a substantial part of the overall fee being charged meaning the amount available to carry out the actual conveyancing isn't enough to do the job diligently.

Mr Whippy

29,058 posts

242 months

Tuesday 3rd August 2021
quotequote all
Just use your own damn solicitor jeez...

Blown2CV

28,857 posts

204 months

Tuesday 3rd August 2021
quotequote all
i don't really think it's a big deal. EAs don't make money from Conveyancing referrals as far as i am aware, although Mortgage lenders or brokers might do. We didn't want to use the same conveyancer as we'd used before, and when the EA recommended someone local we just used them. I don't think are colluding to fk us over. The conveyancer acting for the buyer is prevented from also acting on behalf of the vendor in the same transaction. Solicitors are pretty good at focusing upon acting on behalf of anyone who pays them... it is kind of what they exist to do. They would rapidly get a sullied reputation if they were seen to not do this.

L_G

173 posts

35 months

Tuesday 3rd August 2021
quotequote all
Blown2CV said:
i don't really think it's a big deal. EAs don't make money from Conveyancing referrals as far as i am aware, although Mortgage lenders or brokers might do. We didn't want to use the same conveyancer as we'd used before, and when the EA recommended someone local we just used them. I don't think are colluding to fk us over. The conveyancer acting for the buyer is prevented from also acting on behalf of the vendor in the same transaction. Solicitors are pretty good at focusing upon acting on behalf of anyone who pays them... it is kind of what they exist to do. They would rapidly get a sullied reputation if they were seen to not do this.
The Law Society seems to think its a problem

https://www.lawgazette.co.uk/practice/society-call...