Buying a House
Legal fees are a very small proportion of the cost of buying a house, usually being much less than stamp duty, valuations and surveyors’ fees. Given the high cost of property, even if there is a low risk of a problem, it’s a false economy not to have your purchase (conveyance) managed by an expert solicitor.
Legli is designed to help people minimize legal costs, but buying a house is not a ‘do it yourself option’ even for most solicitors.
Solicitors offer three main benefits:
- Expertise in processing your purchase to avoid additional costs and delays;
- Identifying issues with a specific property, for example rights or obligations you may not otherwise be aware of;
- Professional insurance cover if things go wrong and proper care was not taken.
Conveyancing is an automated process for many specialist firms who offer low cost property transfer, which is fine, but local solicitors have the advantage of local knowledge as well as the ability to offer additional advice: do you or your partner need a will; should you purchase as joint tenants or as tenants in common; are the terms of your mortgage reasonable.
Legli assists you by:
- Providing a free platform for you to collate important documents;
- Helping you to locate a solicitor with specialist expertise;
- Helping you to establish your identity, thereby speeding ‘onboarding’ and the commencement of your matter;
- Managing the process of finding the solicitor who offers the best value, quickly and without embarrassment;
- Facilitating confidential communications between you and your solicitor. Email is not secure and can facilitate fraudulent transactions.