By Chris Ringham 20 Nov, 2018 0 Comments

Should I Use A Local Conveyancer When Selling Commercial Property?

Should I Use A Local Conveyancer When Selling Commercial Property

Conveyancing in the UK is the legal transfer of property ownership from the seller to a buyer. But if you are looking to sell your commercial property, you are probably wondering “why should I choose the services of conveyancing solicitors near me when I can opt for the cheaper services of an online conveyancer?” Here are some reasons to trust a local conveyancer with your commercial property sale...

The Benefits Of Choosing A Local Conveyancer To Sell Commercial Property

Local Area Knowledge

One of the chief benefits of choosing a local conveyancer is that they have specialist knowledge of your area. That doesn’t just mean the local streets and districts, but your town or city’s niche property market, its estate agents and its challenges too. This could prove vital during title checking when your conveyancer will aim to ascertain whether your property is marketable in your area. On the other hand, an online conveyancer is more likely to be located in another part of the country and you may find some specifics get lost in translation or that their knowledge of your area's selling points and/or obstacles is lacking.

Quicker And More Convenient

Because a local conveyancer is often just around the corner, they usually have an office you can pop into whenever you have a question, need a contract drafting or papers signing. When selling a commercial property, changes can come about at the drop of a hat, so it’s reassuring to know your conveyancer can act quickly, often on the same day, so that deadlines are met and you don’t end up losing a buyer to poor communication or time keeping.

Trustworthy

It is easier to keep tabs on a local conveyancer and to verify their credentials by seeing how long they have been practising in your area. You're also likely to have better luck tracking down honest testimonials from other businesses in your area who have used them too, all of which can go a long way to making you feel safe and secure about trusting the deposit or sale of your commercial property with them. On the other hand, it can be easy for online conveyancing businesses to pop up overnight, which makes it difficult to know how many are trustworthy or scams.

Hidden Fees

Online conveyancers have a reputation for charging less, but the reality is they may lure you in with competitive rates and sting you with hidden charges. These can typically include additional fees for redeeming a mortgage, which a local conveyancer often includes as part of their service.

Local Conveyancer Vs Online Conveyancer

Ensuring the fast and smooth sale of your commercial property is important if you're looking to cease trading and release money from your property, move out of the area or expand to a bigger site. That's why many choose a local conveyancer who is close by to handle any unforeseen problems, rather than an online conveyancer who may only be reachable via email or phone.

Although an online conveyancer might offer you a cheaper price, once you factor in any additional charges and inconveniences, such as distance and lack of knowledge of the local area you might be inviting more trouble than you realise.

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