House conveyancing - Internet vs traditional

House conveyancing - Internet vs traditional

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Discussion

Suffolk911

Original Poster:

91 posts

283 months

Wednesday 13th February 2008
quotequote all
Hi, I've just found a buyer for my house and have just received a quote from my solicitor for £700. This surprised me as I thought the sales process was straightforward - of course a fact denied by my solicitor who reminds me that there may be many queries from the buyers etc. Fair enough, but I'm now considering one of the many Internet firms that seem to offer the same outcome for about £200.

Has anyone got nay experience of Internet vs traditional conveyancing? I don't want to spend the extra £500 without a good reason, but then also do not want to have the sale messed up for the sake of what is a fairly small percentage of the overall value.

Thanks

Suffolk

Piglet

6,250 posts

256 months

Thursday 14th February 2008
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Suffolk911 said:


I don't want to spend the extra £500 without a good reason, but then also do not want to have the sale messed up for the sake of what is a fairly small percentage of the overall value.

Thanks

Suffolk
Pay peanuts, get monkeys. It's a buyers market at the moment, you'd have to be pretty daft to do anything to slow up and/or out your sale at risk.

I've seem volume conveyancing in action and it's often not pretty.

I'm guessing you've not sold before? There will be queries, you will cosr them time by ringing them.

How much are you paying the agent?!



wilftwo

90 posts

205 months

Thursday 14th February 2008
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I work in the development sector - here's my advice for what its worth.

Many law firms advertise low rates to win work. They then end up charging more as the transaction you instruct them on becomes more complicated.

Ones that do it cheap tend to be cheap for a reason - think of the quality of the person dealing.

You're better off going to a reasonably priced reputable firm where you know the individual lawyer/conveyancer who will be dealing with your sale all the way from start to finish rather than a telephone monkey.

In an uncertain market having a decent lawyer who will push a sale through is worth a lot.

Suffolk911

Original Poster:

91 posts

283 months

Thursday 14th February 2008
quotequote all
Thanks for your replies, I think traditional route it is, as it only takes a few weeks of delays to lose the gain through loss of interest on the amount I'm raising. Also I've spoken to a few Internet conveyancers, and those that I've spoken to have been full of claims but short on substance ...

Suffolk