Whether you’re buying a residential property, a BTL investment property, or a Commercial Property, you’ll need someone qualified to handle the legal and administrative work required to buy a house.
In short, the answer is yes, you don’t need a solicitor to buy a house to manage the conveyancing, but you probably should use a qualified professional.
The more technically accurate answer is:
- You’re not legally obligated to use a Solicitor when buying or selling property. In theory, you can do your own conveyancing, but in practice – if you’re not suitably qualified to do so – it’s usually a terrible idea, which can lead to significant delays to the process of buying a house. It can often result in a complete collapse.
- Generally, there are two types of qualified professionals who take care of the legalities regarding the transfer of property ownership, a Conveyance Solicitor or a Licensed Conveyor – so you don’t strictly have to use a solicitor.
For the remainder of this blog post – particularly for my own sweet ease – I’m going to refer to anyone that is qualified to handle the legal paperwork associated to selling a house as a “Conveyance Solicitor“. I don’t have the will to continually write “Solicitor and/or Licensed Conveyor” :)
What a Conveyancing Solicitor will do for you when buying a house
“Conveyancing” is the legal term for transferring ownership of property, whether you are buying or selling. It usually includes the following:
- handle contracts
- give legal advice
- carry out local council searches
- deal with the Land Registry, and
- transfer the funds to pay for your property.
Do I need a specialist Solicitor to buy a BTL rental property?
Nope, you don’t, and it’s a common misconception that you do.
The legal process for buying a rental property is exactly the same as buying a regular residential property, so you can use a regular Conveyancing Solicitor to assist with your purchase. Nothing extra or special needs to be done.
How much will a Conveyancing Solicitor charge me for buying a house?
It varies, but it’s usually between £500 – £1500.
The price generally depends on the complexity of the purchase. For example, purchasing a leasehold property requires more paperwork than buying a freehold, so conveyancing fees can cost more.
You can use this tool by Reallymoving.com to receive conveyancing quotes from expert SRA or CLC regulated Conveyancing Solicitors and Licensed Conveyancers.
How do I find a Professionally Qualified Conveyancer to help with buying a house?
- Ask for recommendations from friends and family;
- Use the Reallymoving.com conveyancing quote tool to receive quotes from Licensed Conveyancer and Solicitors;
- Search for local companies that specialise in Conveyancing;
- If you’re dealing with an estate agent to assist with your purchase, they usually recommend their own in-house Licensed Conveyancer or a preferred supplier. Be warned though, it’s usually an expensive option.
Important to note: if you decide to use a Licensed Conveyancer, they must be a member of the Council for Licenced Conveyancers.
Disclaimer: I'm just a simple landlord blogger; I'm not qualified to give legal or financial advice. Any information I share is my opinion based on my personal experiences as an active landlord, and should never be contrued as legal or professional advice. For more information, please read my full disclaimer.