Quizzes & Puzzles6 mins ago
Selling a Property
Is it possible to do your own conveyancing without getting a solicitor? The house is vacant, been left to us in a will, and we have got a buyer - do we need to get a HIP's done or anything else? Thanks
Answers
Best Answer
No best answer has yet been selected by yelenots. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Q1: Yes it is, but for the amount of effort you would have to put in, I would question whether you really want to do this. Google low-cost conveyancer and get a quote from one. Look carefully at the small print - they tend to add extras on if you want, say, less than 7 days between exchange and completion. I have just used one of these to sell an executor property at just over £300k. Legals fees were £149 plus, ID check fee, plus electronic transfer of funds fee-whole lot including VAT came to about £220. The LOWEST cost I could get from any high street solicitor - and I rang a dozen in various parts of the country - was £500 for the same thing. People have got to realise that solicitors still make a lot of money from these relatively simple transactions.
Q2: HIPs. The Government website says you need a HIP before you start marketing the property. If you have not marketed the property then it is my understanding that you do not need a HIP. If you find you do - shop around - paid about £160 for mine.
Q2: HIPs. The Government website says you need a HIP before you start marketing the property. If you have not marketed the property then it is my understanding that you do not need a HIP. If you find you do - shop around - paid about £160 for mine.