Did you know that there is no requirement that you use a solicitor, or licensed conveyancer, when buying a house.
Blanchards Bailey Solicitors explore this topic.
You could choose to represent yourself. However, if you need to take out a mortgage to finance your purchase, your mortgage lender will probably insist that you use a solicitor to ensure that their interest in the property is properly protected.
If you’re a cash buyer, it might be tempting to do the conveyancing without legal advice, but it’s a big risk. You may miss a major issue with the title, fail to properly transfer ownership, or cause the sale to fall over – in which case, you could be sued by other people in the chain.
Selling a house and buying a house can be a minefield if you are doing it alone so it is always recommended to obtain legal advice. If you want to keep up to date on legal issues see our website.
