Conveyancing fees for selling a house vary widely depending on which solicitor you go to, whereabouts they are in the country and how complicated the conveyancing process is. It is always best to use a professional conveyancer, no matter how tempting it might be to do otherwise. It is worth the cost.
One of the first things that conveyancing solicitors do when they are instructed to start the conveyancing process is to conduct a Land Registry search. You may be wondering why does this need to happen and what does it achieve?
The Land Registry is a government agency that documents who owns what, in terms of property and land across the UK. Scotland has its own separate Land Registry, which is why purchasing a house in Scotland may have a different process and costs to the rest of the UK.
Generally however, the Land Registry needs to be checked to ensure that the person selling the house has the right to do so. There is a cost to check these details and conveyancing fees will include this cost within them. If a Land Registry search is not conducted, you may be unaware of any problems that come with the property in terms of ownership. This is why mortgage providers will not finalise their mortgage offer until this particular search has been carried out. Their money would be at risk otherwise.
Not only that, but if you were to buy a property and later on it became apparent that the person selling it had no right to do so, you could easily lose your new home.
Conveyancing fees for selling a house will depend on how complicated the process is. This is why comparing conveyancing solicitors using Conveyancing Index (https://www.conveyancingindex.co.uk) is so important.
We offer all house sellers the opportunity to find the best price. If you have any questions, please don’t hesitate to contact us on 0203 874 2020.