Why Instruct A Conveyancer Today Before Offers Are Made?

When you place your property on the market for sale do you want a quick sale?

You want to find your next home rapidly and strike a great deal. With the SDLT holiday probably being extended it opens up a new wave of Buyers that mean business. 

If you are selling and buying and you know what you are doing then you should be able to complete in under 5 months. That would mean that you would move by July. Doing it in 3 months and you could be in a win win situation and save on SDLT if the holiday extension is just 6 weeks.

What should you do?

You should assume that the SDLT will need to be paid and get your ducks in a row. That way you are planning correctly. 

1) Place your property on the market and instruct a Solicitor before offer acceptance stage.

2) You will be sent a Client Care Pack, Sign the terms of engagement if you agree and scan back the document.

3) Call the Solicitor to ensure they have received the document and ask if your conveyance can begin.

4) Initially the solicitor will carry out the ID checks. 

5) Ask the solicitor which contact information should you pass to the Buyer when an offer on your property is accepted by you. Check the email and phone number yourself.

You have now saved yourself 2 weeks of waiting and helped the Solicitor to get your conveyance underway.

How To Manage Your Potential Buyer  

When an offer is made on your property then you need to establish if the Buyer is ready to proceed. They maybe in a chain and are unable to state if they can move fast. Worse still they may not have a Solicitor at the ready. The Buyer needs to prove

1) They can proceed at speed

2) They have a Solicitor ready in the wings

3) They will have the survey done within the next 7 days. The survey report would then be with them 3 days later.

As you can see the Buyer can cause massive delays. Let's assume they haven't appointed a Solicitor, They need to find one, Instruct them, sign the agreement, return the documents and the ID checks need sorted. This all could take 2 weeks. They could be slow at appointing a Surveyor. Many surveyors are currently booked up for the next 3 weeks and some even more. So they could be delaying the transaction by at least a month simply because they aren't the right Buyer.

Do your Homework on the Buyer and try and establish if they can move fast. If they can't, then would cause a delay on your own purchase conveyance as you would need to wait for your own house sale to complete. 

Move the right way using a comprehensive conveyancing comparison service such as Homebuyer Conveyancing. 

A different conveyancing approach when it comes to finding the right Solicitor for your needs is a must. Homebuyer provides the quotes without you having to disclose your personal details. 

A spam free no-nonsense service. No hidden fees, just total sum conveyancing quotes that represent accurately your property transaction so you can forward think in comfort turning big dreams into reality

Future Conveyancing Sorted

Need A Different Conveyancing Approach To Get You To Exchange Of Contracts?

Sometimes we just want a “can do attitude”. Your probably thinking why does conveyancing take so long and what can the Solicitor do to help. Well if your property transaction has hurdles to overcome then you need a Property Solicitor that has access to faster searches and indemnity policies. When the going gets tough, delays will be costly and may even cause the transaction to fail.

So why is it that some conveyancing transactions take a long time?

They can take a long time if parties haven’t instructed their Solicitor before offer acceptance stage. When offers are made and accepted both parties exchange their Solicitors details. This is where often valuable weeks are lost.

Imagine you have an offer on the table, You pick up the yellow pages and look for a Solicitor. You call the Solicitor, you ask for a price, you then think thats alot of money, is it a good price and so you begin your comparison journey. Well all this is just too late. Even when you have found a Solicitor and got a fixed fee quote you still need to receive a Client Care Pack and return the terms of agreement which must be signed. At which point your Solicitor can carry out ID checks.

Ok In the Real world to get Ahead you need to forward think

Plan ahead and compare conveyancing quotes online by visiting the http://www.HomebuyerConveyancing.com website. A comparison website where you can compare direct High Street pricing from personable Solicitor firms that focus on customer service without entering your personal details. No spam, no hassle just a great website that gets the conveyancer finder job done. Within the purchase quotes they use a comprehensive search pack that includes chancel and has a search pledge. If you need to pull out of the transaction through no fault of your own then another set of searches up to a value of £300 will be supplied for Free for your replacement property.

So you can do so much more by being in the driving seat when you place your property for sale or when you are viewing properties.

Mean Business

If you mean business then instruct a Solicitor so that when offers are accepted you cam move at speed on day 1 and being able to pass over the right contact details for your chosen Solicitor firm will save you both time and money.

Do more to plan your Conveyance with Homebuyer Conveyancing

Forward Thinking Will Shorten Your Property Completion Time

You have decided to move house and understand what you can afford. You have movement in your outgoings should interest rates rise. That forward thinking is just what you need to ensure you can indeed complete in less than 5 months. It should be 3 months but so many people instruct their Solicitor at offer stage and waste at least 2 weeks. If you want to complete fast then you need to have a Solicitor instructed when you place your property on the market for sale. If you are buying only then ideally you instruct a Solicitor when you are viewing properties.

Why the need to Instruct a Solicitor promptly?

The Solicitor on instruction will send out a Client care pack and you will need to read the contents of that pack and agree to the terms of engagement. You will need to return relevant paperwork signed before the conveyance can start. Assuming the care pack is posted to you and you return the signed agreement then this could take 8 days. Of course receiving the care pack be email and scanning the documentation backs reduces this time to say 2 days.

On receipt your chosen Solicitor will start the conveyance by carrying out relevant ID checks on you. Then if that is all ok they will be interested in progressing your property transaction. This is the bit that can start off really badly. Sometimes Estate Agents do not pass Buyers Solicitor details to their Vendors Solicitor until a Survey has taken place. Sounds crazy but that is what some do. You can make your offer on the basis that details will be forwarded before Survey. That’s important, it shows that you mean business and are willing to spend monies to get the job done fast. When you do place an offer do you advise what an ideal exchange of contracts date would be. It could be in 3 months time!

You have to be realistic and set from the outset a date that all parties can work to.

When you instruct a Survey you will probably find that it can be done within the next 10 days. Solicitors can if instructed in the meantime carry out the searches. The Homebuyer Conveyancing quotes include a search pledge which enables the searches to be carried if required before the Survey. The pledge provides the Buyer another set of searches for Free up to a value of £300 should you need to pull out of the transaction through no fault of their own. This is worth considering as many Local Authorities are struggling to get their searches done quickly. The Homebuyer panel does have access to faster searches and some useful indemnity policies.

So by forward thinking you can set the scene for a fast completion.

1. Instruct your Solicitor promptly
2. Return documents so the conveyance can begin
3. Make an offer on the basis that your Solicitor details are passed to the Vendors Solicitor on the day of the offer being accepted.
4. Ensure the right contact details are passed over and ask for the Vendors Solicitor details so that you can check them. Crazy that details can be incorrect but it’s worth checking to avoid delays
5. Consider carrying out the searches before Survey. Does it help you?
6. Book a Surveyor so that you can have report back from them within 10 days of offer. That means ideally you want the Survey booked within 7 days of the offer.
7. Ensure that all parties are working to the same realistic exchange of contracts date
8. If it is raining checkout your planned property purchase. Your solicitor will be carrying out a flood risk check but why not have a look yourself. So many new Builds are built on ground that was subject to high levels of water.
9. Understand from the outset how you can ask a question to your Solicitor knowing that you will get an answer back. They may have a direct line, an email for specific questions an extremely efficient paralegal.
10. Set out key milestones with your Solicitor for updates. That will alleviate the strain you feel.

So in a nutshell those properties that take a long time to complete have many reasons, but in the main its because Buyers and Sellers don’t understand what needs to be done and by when. They need to be chased which slows down the transaction time. It’s all about forward thinking.

Homebuyer Conveyancing has a comparison website where Sellers and Buyers can compare conveyancing quotes online without entering their personal details. They can in seconds choose a Solicitor by price, location and by Mortgage Lender. Instructing when ready 24/7. They can instruct or take away a quote and schedule a call back to discuss their quote. Quotes are clearly itemised covering legal fees and disbursements.

Providing you with the clear understanding on which Homebuyer Conveyancer to instruct. Do call the Homebuyer Conveyancing helpline on 0345 463 7664 if you are unsure on which Solicitor is best for your needs. Homebuyer gets calls everyday from cash buyers that want to complete in just 21 days. Finding the right Solicitor and managing capacity service levels is paramount on Buyers and Sellers completing on time.

Time is running out – Instruct Your Property Solicitor promptly