ARTICLES!
QUICK PROPERTY BUYERS?
- What Is The Best Way To Sell My Property?
- How to sell your house quickly?
- How can I tell if a cash buyer is trustworthy?
- What will a property buyer offer for my home?
- Different ways of selling your home quickly
- Houses bought for cash: does this really happen?
- How much will it cost to sell my home?
- Quick house sales and where to get them
- Sell my house fast: here are a few options
- Will anyone buy my home?
ESTATE AGENTS?
- Recommended Estate Agents
- 10 things you must know about Estate Agents
- Shall I choose the cheapest Estate Agent?
- Do I need a Rightmove Estate Agent?
- Can I trust an Estate Agent's valuation of my property?
- Are there any good online Estate Agents?
- Choosing an asking price that draws in buyers
- Do I need an EPC to sell my property?
- Does my Estate Agent need to advertise my property for sale in the local newspapers?
- Do I need to use a local Estate Agent to sell my house?
- Finding the best Estate Agent
- How do I choose the best Estate agent to sell my home?
- Shall I sell my home privately or sell using an Estate Agent?
PROPERTY VALUATION?
- Free online house valuation
- How to add value to your home
- How to value your property
- How you can use house price data to accurately value your home
CONVEYANCING?
- What is property conveyancing?
- Property conveyancing process for a house seller
- Property conveyancing process for a house buyer
- What about DIY conveyancing?
- How do I go about choosing the best conveyancer?
- Property conveyancing glossary: A guide to the commonly used terms in conveyancing
HOUSE REPOSSESSION
- Repossession process explained
- Ways to stop a repossession
- Where you can get help if you're facing repossession
- Mortgage Rescue Scheme
What About DIY Conveyancing?
What About DIY Conveyancing?
DIY conveyancing is just a bad idea. It can be done and it can be done successfully. However it can go seriously wrong and if it does then there are lots of things that really can go horribly wrong. To put DIY conveyancing into context, conveyancing will cost you perhaps around £500 or may be up to £750 but if you DIY it, but make a mistake and is a really serious mistake because you do not pick up on something, then you could find yourself being sued for negligence and the person suing you may wish to be recompensed with compensation. Potentially you could lose everything, now is that really worth all the hassle?
Mortgage Provisions
If you have a mortgage then the mortgage company will put conditions on your mortgage and they will not let you reach the completion stage without having a solicitor to act on their behalf. They will want to ensure that you are buying a house that is structurally sound for example. The mortgage company may well appoint a solicitor and if you thought that doing most of it yourself would save you money, think again. The solicitor will want to check that everything is in place so that he or she isn’t sued by the mortgage company if it all goes belly up in a few years time.
Do You Know What You Are Looking For?
Let us think about the following scenario. You are buying a home that has a loft conversion. The loft was converted by the present owners and looks fine. You do all the Local Authority Searches and find out that no Building Regulations approvals were applied for on the property. You are buying as a cash buyer, so everything proceeds. Then in 3 years time you want to sell. But you cannot. The loft conversion should have had Building Regulations Approval. You cannot sell the house because buyers have mortgages and mortgage companies will often not lend if the loft was not inspected and approved in terms of Building Regs. So now you are stuck. You could retrospectively apply for Building Regs, but there will probably be other works that you need to do and it will cost you a fortune. If you had used a solicitor, then this would probably have been picked up on and all would have been sorted before you bought the house i.e. you could have negotiated a lower price. But you didn’t!
Invest In Conveyancing
Although it will cost you a few hundred pounds, it is still worth having someone who knows what they are doing carrying out conveyancing for you. If you look on conveyancing as being an investment that will save you time, save you stress and anxiety and will save you having to worry that you ‘missed something’ and will be sued because you have no professional negligence insurance underwriting your conveyancing, then it is absolutely worth appointing someone. Life is too short to have it ruined by DIY conveyancing, so leave it to the experts and in the interim, have a life; because if you do DIY conveyancing it will take over your life for months!