For guidance on choosing a solicitor or conveyancer, see our guide to choosing a solicitor.
Which conveyancing firms are the best?
If you want to cut costs, you could ask for the name of the solicitor and conveyancer on the contract or sign on the dotted line.However, this may be a dangerous option. The solicitor or conveyancer will charge you a fee based on your purchase price and the size of your mortgage.If the cost of the service is more than your total cost of purchasing the property, it might not be worth it.
What can I do if my solicitor or conveyancer won’t deal with my needs?
If the solicitor or conveyancer you choose has a good reputation but you don’t agree on anything else, you can find an alternative solicitor. If you’re buying or selling a house or apartment with a friend or family member, you can also choose a solicitor or conveyancer who doesn’t deal with your specific purchase or sale.
Once you know who you’re dealing with, you’ll know exactly what to expect, how much you have to pay and when you’ll Black stone solicitors conveyancing get it.
Find out more: Licensed conveyancers – who they are and how they work: Black stone solicitors conveyancing
What is mortgage negotiation?
There are four parts to mortgage negotiation:
The mortgage rate
Your purchase price
The total cost of the mortgage Your monthly mortgage repayments Most solicitors will want to get the right mortgage rate for you, and will work with you to get the best deal. However, some solicitors will negotiate their own fee.Mortgage rates tend to be relatively low at the moment. You could also use a mortgage broker to negotiate a good deal on your behalf.
What are the advantages of using a mortgage broker?
A mortgage broker will negotiate a much better deal for you and they’re backed by one of the big high street banks or building societies, so they can offer you a more competitive deal. It’s possible to save a few hundred pounds over the course of the mortgage by using a broker.
Borrowers often tell us that they’re able to get a better deal because they have one question to ask: ‘what’s the best rate’?
There are also savings to be made by working with a broker.This could be a good way to put together a team of lenders. For example, you could work with a mortgage broker, conveyancer and solicitor, and have a mortgage that’s tailored specifically for you.
Which conveyancing firms do I need to hire?
Most people who buy or sell property use a solicitor or conveyancer to do the work. For a sale, these include selling the home and transferring ownership of the property to the buyer; for a purchase, these include buying the property and creating the title to the property. Most solicitors and conveyancers will charge a percentage of the property value as a fee. This fee is based on the number of hours they’ve spent on your case and it might be the same for a buyer or seller. We’ve written a guide to finding the right solicitor
Find out more: Selling your home – how to find the right conveyancer
How can I find a good mortgage broker?
There are a lot of mortgage brokers on the market. The Which? Conveyancing Selector is a great way to find a mortgage broker. If you don’t know where to start, call Which? Conveyancing. We can help you find a broker in your area that will compare quotes based on your criteria. You can also see what the brokers charge, the level of service they provide and what their business background is like. Once you’ve found a broker, you can either select a deal from the main list or call the company directly