The Difference Between Conveyancing Solicitors And Conveyancers

 

McCorry Connolly Solicitors
Solicitors Romford
8, Holgate Court
4-10 Western Rd
Romford,Essex
RM1 3JS
UK
Phone: 01708 727269

 

 

If you have a company that purchases property regularly, which is subsequently sold to buyers in the your immediate area, you are probably doing hundreds of transactions every year. In order to keep track of all of the paperwork, and the legalities involved, you will need to retain a conveyancing solicitor. These are individuals that understand real estate law, and can easily draft of documents that you will need to do each transaction. However, an option that many people have considered is using a licensed conveyancer instead, thinking that the lower price for their services will actually be the better choice. Let’s take a look at what each of these professionals actually does, and then why you should use conveyancing solicitors instead.

What Does A Conveyancing Solicitor Do?

These are qualified lawyers that are able to act on your behalf when you are doing any type of real estate transaction. They have extensive training, capable of comprehending any and all legal ramifications that may occur as a result of the acquisition of, or the selling of, any type of property. They can also offer you full legal services if you ever need to go to court, which can be very useful with larger transactions. If you stand to lose a substantial amount of money on your next transaction, it’s good to have one of these solicitors on your payroll. However, wouldn’t it just be as useful to have a conveyancer on staff instead of a qualified lawyer that will cost you substantially more? Let’s look at what a conveyancer does, and how their area of speciality might be exactly what you need.

What Does A Conveyancer Do?

These professionals are fully licensed to deal with property transactions, and are well aware of the laws involved. They will have extensive training, but perhaps not as much as a qualified lawyer, nor will they be members of the Law Society. They must be part of the Council for Licensed Conveyancers in order to legally provide their services. In fact, most of the conveyancers actually work for solicitors as they can complete all of the necessary mundane tasks involved with real estate transactions. So is it better to have a solicitor or a conveyancer on your staff if you are doing many real estate transactions every year? The answer is actually very simple, and it depends upon the size of your company when making this very important decision.

Choose A Solicitor Possible

If you are a very large company, one that does transactions every single day, you need to have a qualified conveyancing solicitor on your team. They will know exactly what to do, not only with the property, but will have inside information that you will need from a legal perspective. This is important when doing large transactions that can yield a substantial amount of money. You could actually make more money because they will avoid unnecessary mistakes that a new conveyancer might make straight away. This is not to say that a conveyancer is not a professional, but if they do not have years of experience in this field, nor are they aware of legal problems that may arise, it will help your company become more profitable as you avoid potential lawsuits doing the many transactions that your business will handle throughout the years.
conveyancing solicitors
Now that you know the difference between a conveyancing solicitor, and a licensed conveyancer, you should see that each one plays a specific role. If you are a small company, or an individual, that is doing a real estate transaction, then a conveyancer might be all that you need. Yet to be as safe as possible, if you are doing real estate deals all the time, you need to have in-house conveyancing solicitors. They will make sure that every angle is covered, making sure that you will have no problems at all with your transactions, and if there are problems, can easily represent you in court.

Get in touch with McCorry Connolly and visit their website here.

 

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