Everyone dreams of buying their own house. Buying a house includes many legal formalities that have to be taken care of. Unless you are a professional lawyer who is aware about all the legal proceedings involved in buying a house, you will have to hire a conveyancer to do it for you. A conveyancer is a professional who is skilled and experienced of dealing with house buying and selling legal procedures. They can help you in your contract and make things easier for you.
Buying a house is expensive on its own, and when you hire a conveyancer to help you with the contract legal proceedings it becomes a little more expensive. There are ways you can save some money in that area. Here are some of the tips that can help you to save some money on Conveyancing costs. Some of them are mentioned below for your benefit:-
- Buy free hold –
Leasehold property buying is a little more complicated than buying a freehold property. When you lease a property you are not the permanent owner of the house, therefore there are many clauses and restrictions in the contract that has to be taken care of. Freehold property buying is less complicated and you become the owner of the house forever.
- Online conveyancer –
As it is known in the real estate market that people approach conveyancers to take of the legal proceedings for them, there are many conveyancers available for your service. You can check for a conveyancer who can provide you his services through online methods like posts, mail, telephone etc.
The fees of an online conveyancer is less because you do not pay for their personal time and only contact with them through online or other communication methods. It is very important that you do your research well and find a well qualified and licensed conveyancer. For more details you can log on to http://www.savemoneyconveyancing.org.uk.
- No fees guarantee –
The most important thing is to go for a conveyance providing “no sale, no fees” option. This means unless you sell or buy a property, you are not liable to pay any legal fees to the conveyancer. These terms have to be cleared with your conveyancer before you hire them for your service.
For your benefit you can ask for quotes for the fees of conveyancers to get a detailed idea of their charges. You should read each and every clause mentioned in their quote or contract. Make sure you also ask for any hidden charges to have everything clear beforehand.
- Work done for free –
Buying a house is expensive and you should do everything possible to reduce other expenses. In some cases the mortgage deals include free Conveyancing services up to a certain limit. This can be very useful if you like to keep the upfront costs to a minimum limit.
The above small tips can help you to reduce your Conveyancing costs. Keep the following points in mind before and after hiring your conveyancer.