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 no, 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.
If you decide to use a Solicitor, make sure they are a member of Law Society of England and Wales / Law Society of Scotland and a member of the Law Society’s Conveyancing Quality Scheme.
Disclaimer: I'm just a landlord blogger; I'm 100% not qualified to give legal or financial advice. I'm a doofus. Any information I share is my unqualified opinion, and should never be construed as professional legal or financial advice. You should definitely get advice from a qualified professional for any legal or financial matters. For more information, please read my full disclaimer.
Just a grammar point as the answer to the question posed is incorrect. In answer to "Do I need a solicitor?" you've answered "yes you don't". It should be "no you don't" as it's a negative!!!!