Conveyancing, You Get What You Pay For
Are you in the market to obtain a Conveyancing Quotation?
Are you wondering if all law firms are just the same, and the only difference is the price?
This is completely wrong, there is a huge difference.
Buying or selling a property is a significant financial and emotional investment. One crucial aspect of this process is conveyancing, the legal transfer of property ownership. While it might be tempting to choose a conveyancing firm solely based on price, prioritising a quality service is paramount for a smooth and stress-free transaction.
The Pitfalls of Prioritising Cheap Prices:
Opting for a conveyancing firm based solely on the lowest price can lead to a range of issues that may end up costing you more in the long run. Here are some pitfalls to consider:
- Lack of Expertise and Experience:
Conveyancing involves complex legal procedures and a client centric approach. A firm offering rock-bottom prices have a low price for a reason. Inexperienced or unqualified conveyancers might not have sufficient experience and need to refer everything to others that may have huge volumes of reviews to undertake. - Hidden Fees:
Some conveyancing firms attract clients with a low headline charge but then pile on additional charges for seemingly standard services. It’s essential to carefully read the terms of business and understand the full cost structure before committing to a cheap conveyancing service. - Slow Processing:
In the conveyancing process, time is of the essence. Cheap services may be overwhelmed with a high volume of cases, leading to delays in your transaction. Choose a firm that can act at pace.
The Value of Quality Service:
Choosing a conveyancing firm based on quality service, even if it comes with a higher price tag, can offer several benefits that outweigh the initial cost:
- Expertise and Experience:
Law firms that offer a bespoke conveyancing service typically employ qualified and experienced professionals who specialise in property law. Their expertise ensures that your transaction adheres to all legal requirements but can take a view and offer pragmatic advice. - Ease of Contact and Personalised Attention:
Quality conveyancers prioritise client satisfaction and provide personalised attention to your specific needs. They are more likely to communicate effectively, keeping you informed throughout the process, giving detailed updated throughout the process. - Smooth and Efficient Process:
A well-established conveyancing firm with a track record of quality service is equipped to handle transactions efficiently. This can lead to a smoother process, reducing the likelihood of delays and ensuring a timely completion. - Never There:
Will your day-to-day work be handled by an assistant, with your actual conveyancer never being in the office? Have you been given the name and direct contact number of the actual conveyancer looking after you. Hiding behind anonymity is not a good sign. - Accreditation:
Does the conveyancer have the highly regarded accreditation badge from the Law Society’s Conveyancing Quality Scheme? This is an independent assessment of the standards of competence, risk management and client service level expected from those law firms.
Conclusion:
While cost is undoubtedly a factor to consider when choosing a conveyancing firm, it should not be the sole determining factor. Prioritising quality service over cheap prices is essential for safeguarding your property transaction and ensuring a positive experience.
Contact Lee Gaddes, an experienced Property Lawyer who has the technical knowledge, organisational skills and professional judgement to give you peace of mind, reduce stress, and ultimately save you money in the long run.