It can be a hard task to find a reliable yet price friendly conveyancing. For this reason cheap conveyancing can be a very risky business. However, according to the Administration of Justice Act 1985, it is stated that all licensed Conveyancers have no choice but to be authorised to provide good conveyancing services to their consumers. This goes for cheap conveyancing as well. For those with limited information, it is important to state that Conveyancing is known as the legal process that is involved when any transferring of buildings and/or land takes place. This is from one owner to another owner. Unbeknown to many, it also involves dealing with the financial transactions associated with moving home or buying or selling land.
To avoid being ripped off when searching for cheap conveyancing it is important to use a licensed conveyancer, not just the cheapest firm you can find. This is to ensure a good and reliable service. A Licensed Conveyancer is defined as a qualified specialist lawyer. They concentrates only on dealing with conveyancing to do with property. Not many people know this. As a result of these new laws and such introduced, Licensed Conveyancers can only operate according to a very bespoke and extremely regulatory framework.
All of this helps to ensure that, even when you have chosen to be dealing with cheap conveyancing, there will be good service that ensures nothing is skipped over or forgotten about when you are moving house. It is known that many seemingly 'good value' companies actually do not complete everything legally needed when moving house and are notorious for adding on extra hidden charges as the process evolves. This is why the Licensed conveyancing scheme is specifically designed to always without fail ensure consumer protection. This statement goes for every single person who is dealing with a Licensed Conveyancer. This fact can be of great comfort to people moving, in particular first time buyers or anyone else anxious about the whole process, particular if you have nerves about dealing with cheap conveyancing. This is a great way to check whether you know you will recieve adequate service and attention or not.
There are also other requirements that all Licensed Conveyancers are required to comply with and take part in. These are regulatory. Indemnity insurance specifically for professional companies is also required under the terms and conditions of the scheme and fair amounts of information have to be given to the customer at the correct times that they are needed. It is this particular agreement that will stop surprise added costs being put on to your original quote and will ensure that you know exactly how much money you are handing over and exactly what services you are getting for this said amount of money.
Not only do the law society recognise these Licensed conveyancers, but also banks and lenders. This ensures that legitimate and good conveyancers are appreciated by everyone in the field of moving homes.
In conclusion, take care when chosing a cheap conveyancer, and ensure that they are a Licensed Conveyancer to make sure that you recieve top rate service for your money and aren't met by any nasty surprises.