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Property/DIY

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Same conveyancing solicitor?

18 replies

ilovesouthlondon · 12/05/2021 06:15

Has anyone convinced their buyers or sellers to use the same conveyancing solicitor and if so has this made the process quicker to completion?

OP posts:
redcandlelight · 12/05/2021 06:19

you can't use the same as there would be a conflict of interest.

PlumpAndDeliciousFatcat · 12/05/2021 06:25

As pp said - unless the firm are willing to follow an ‘ethical wall’ structure where the two conveyancers are kept totally separate this is not possible.

JustKeep · 12/05/2021 06:55

It doesn’t speed anything up. The two lawyers have to behave as though they are in Different firms and follow all the normal procedures. Everything goes electronically now anyway so you’re not even saving posting time.

Changingwiththetimes · 12/05/2021 07:12

Me (seller) and buyer used same firm, different solicitors. We signed something acknowledging this. Did not speed things up at all.

BarkingUpTheWrongRoseBush · 12/05/2021 07:18

Same as above. Same firm. Took for bloody ever.solicitor left half way through and it appeared no one had noticed he’d left work on his desk.

Cocoaone · 12/05/2021 07:20

We're using the same firm, different offices in different towns. They send everything in paper form to us, god knows if they do between themselves Confused

But so far doesn't seem to have sped anything up. But we're still in the early stages

UpTheJunktion · 12/05/2021 08:01

EAs are good at knowing which solicitors act quickly and efficiently. And keep the EAs in the loop, they are often the ones to drive progress and negotiate any sticking points that crop up.

ilovesouthlondon · 12/05/2021 10:06

Ahh, I see! Thanks for the responses as we're fishing for speed!

OP posts:
DespairingHomeowner · 12/05/2021 16:07

@UpTheJunktion

EAs are good at knowing which solicitors act quickly and efficiently. And keep the EAs in the loop, they are often the ones to drive progress and negotiate any sticking points that crop up.
@UpTheJunktion: this is a really good tip, I would not have thought to ask EA for a recco but makes perfect sense
PlumpAndDeliciousFatcat · 12/05/2021 16:42

Be careful with EA recommendations - they are often not impartial and they will get some kind of introduction fee if you instruct their ‘recommended’ solicitor.

With our most recent purchase we found that our choice of solicitors was mostly limited by the relatively narrow panel of firms who were approved by our lender.

PlumpAndDeliciousFatcat · 12/05/2021 16:42

Be careful with EA recommendations - they are often not impartial and they will get some kind of introduction fee if you instruct their ‘recommended’ solicitor.

With our most recent purchase we found that our choice of solicitors was mostly limited by the relatively narrow panel of firms who were approved by our lender.

PlumpAndDeliciousFatcat · 12/05/2021 16:43

Be careful with EA recommendations - they are often not impartial and they will get some kind of introduction fee if you instruct their ‘recommended’ solicitor.

With our most recent purchase we found that our choice of solicitors was mostly limited by the relatively narrow panel of firms who were approved by our lender.

PlumpAndDeliciousFatcat · 12/05/2021 16:43

Be careful with EA recommendations - they are often not impartial and they will get some kind of introduction fee if you instruct their ‘recommended’ solicitor.

With our most recent purchase we found that our choice of solicitors was mostly limited by the relatively narrow panel of firms who were approved by our lender.

PlumpAndDeliciousFatcat · 12/05/2021 16:43

Be careful with EA recommendations - they are often not impartial and they will get some kind of introduction fee if you instruct their ‘recommended’ solicitor.

With our most recent purchase we found that our choice of solicitors was mostly limited by the relatively narrow panel of firms who were approved by our lender.

UpTheJunktion · 12/05/2021 17:40

I was always wary of solicitors recommended by the EA, but this time I asked because we al knew we needed to beat the stamp duty deadline and couldn't dally about. All of us in the chain used different solicitors recommended by the 2 EA firms that were also handling 3 of the 4 properties involved.

I also used surveyors reccommended by the EA, and another specialist surveyor.

All of this really paid off, especially when surveyors and their reports were taking ages to get, the only messing around and slownness came from the professionals commissioned by the FTB at the top (bottom?) of the chain.

In the end Solicitors are bound by professional standards, and EAs want to get the deal done, so I didn't see what there was to lose.

And the EAs see the good and slow solicitors at work, in a daily basis.

Chailatteplease · 12/05/2021 17:53

I'm confused by some of these responses because we've been encouraged by both estate agents to use the same solicitors as both our buyers and sellers to speed things along. We decided to use the same as our sellers and its been allowed Confused

eurochick · 12/05/2021 17:55

It can be possible for the same firm to act but only with ethics walls in place between those acting on each transaction. As others have said there's no significant advantage to it.

No doubt the EA recommended everyone use that firm due to its own relationship.

PlumpAndDeliciousFatcat · 12/05/2021 18:32

Oh my goodness I’ve just seen my accidental quintuple post 🤦🏻‍♀️ Sorry!

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