Transfer of equity from dsis to me- each own solicitor?

[diddlydiddlydoo]

I live in a house that is a family investment, currently in my sisters name and now we want to put it into my name. I got a quote from a solicitor but they said she would need her own legal representation and quote as well. No mortgage or owt, straightforward.
Is this right? Surely we just need one to do the job.

Thanks

Yes, that's right. One solicitor cannot act for both buyer and seller.

Why do you need a solicitor? If you trust each other it’s simple to do yourself. Save solicitors fees. You need forms from the land registry and change name and transfer money. I did it a few years ago. Land registry have a good step by step YouTube video and also answer emails to help. Had to pay a solicitor £10 to do a verification of ID as did my brother.

Client of mine recently spent £40k more on his divorce than would have been necessary solely because some property was transferred some time ago and they thought they’d save a few quid by not instructing a solicitor. The other party spent a similar amount.

But go ahead and follow sleepykat’s advice if you want, provided you know you’re never going to sell it, and don’t mind that on your death your estate will have a headache sorting it out.

That’s a bit harsh. The house was resold a few months later out of the family via the usual route and there was no headache at all. The fact we’d done it ourselves earlier was never mentioned/raised by either our solicitors or the buyers solicitor.

But guess I’d obviously managed to fill the form out correctly. Which isn’t that hard to do. We’d got confirmation from the Land Registry that I’d done it correctly and they’re the ones who should know.

But the point is, you were lucky. You simply had no way of telling what had to be included in the deed of transfer. For the biggest investment most people will make in their lives it's a folly not to get a lawyer to do it properly for them.

We recently did this, the first solicitors we approached said the same, that we need 2
Solicitors, it was their company policy apparently. We found another solicitor who represented us both. Just shop around.

You can have two solicitors from the same firm but you can't have a single solicitor acting for both buyer and seller. That would be a breach of the SRA's Code of Conduct. It is a conflict of interest.

Thanks for all your replies! My dsis is finding her own representative and we'll go from there. I really assumed it was a simple process.