I’ve lived in Burnley all my life and worked as a real estate agent for many years. I am dedicated to helping my clients through the sometimes confusing process of remortgaging. A common question I often encounter is whether to hire a conveyancer or a solicitor for the remortgaging process. It’s a valid query as both these legal professionals provide unique benefits that can make the remortgage process go smoother and align with your interests. This guide is here to help you understand what a solicitor and a conveyancer do, and to help you decide who you should hire for the remortgaging of your Burnley home.
Before deciding to use either a solicitor or a conveyancer for remortgaging your Burnley property, it’s important to understand what each of them does. A conveyancer is an expert in property law. Their work largely involves the legal aspects of buying and selling property such as drafting contracts, looking into local council matters, and dealing with mortgage lenders and other parties.
A solicitor, on the other hand, is a lawyer who can offer a wider range of services than conveyancers. While they too specialize in property law, a solicitor can also give legal advice in many other areas. So, if there might be more complex legal issues linked to the remortgage, a solicitor could be a better choice.
When it comes to cost, conveyancers may be cheaper than solicitors because they focus only on property law. However, don’t base your decision solely on price. The expert’s qualifications and experience are also vital. Sometimes hiring a solicitor can be a better decision, even if it costs more, like if there might be disputes or complex legal issues in the remortgaging process.
To choose between a conveyancer and a solicitor, think about the needs of the remortgaging process. If it’s pretty straightforward, a conveyancer could be a good fit. But if you think there might be more complicated legal problems, like issues about boundaries or planning permissions, a solicitor could be the safer choice. It’s about choosing the right balance between price and a secure, stress-free remortgaging process.
Here’s a helpful tip: always look around Burnley for potential solicitors or conveyancers. Check out their reviews, qualifications, and ask people about their reputation. Solicitors should be members of the Law Society and conveyancers should be members of the Council for Licensed Conveyancers.
To sum it up, choosing a solicitor or a conveyancer for your Burnley remortgage process depends on how complex your situation is and your budget. Generally, conveyancers are cheaper and do a great job in most remortgage cases. But, if you think there might be complex legal aspects in your case, a solicitor could be a better choice. Remember, the goal is to get the maximum value for your investment. Be sure to do your research, check the expert’s qualifications, read their reviews and past clients’ experiences, and then go with your gut.