Merryn Talks Money

Navigating the Paperwork of Buying a UK Home

9 snips
May 13, 2025
In this engaging conversation, Laura Conduit, a specialist property solicitor at Farrer and Co LLP, shares her expertise on navigating the complexities of buying a home in the UK. She illuminates the crucial differences between conveyancers and solicitors, stressing the importance of value over cost. Laura also discusses common pitfalls that can derail sales and explains why buying a flat often incurs higher conveyancing fees. With insights on chancel repair liabilities and essential paperwork, she equips listeners with knowledge to make informed decisions.
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INSIGHT

Conveyancer vs Solicitor Explained

  • Conveyancers and conveyancing solicitors play the same role but have different qualifications and costs.
  • Value and quality are more important than opting for a cheap option when hiring a conveyancer or solicitor.
ADVICE

Conveyancing Costs and Service Quality

  • Expect to pay £5,000 plus VAT for lower complexity UK property conveyancing.
  • Cheaper firms may take longer and lack responsiveness, so weigh cost against service speed.
ADVICE

When to Use Online Conveyancers

  • Online conveyancers can work well for simple, low-value transactions.
  • For complex or high-value purchases, personal communication and legal expertise are essential to avoid pitfalls.
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