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Selling a Property

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yelenots | 16:44 Sun 07th Mar 2010 | Law
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Is it possible to do your own conveyancing without getting a solicitor? The house is vacant, been left to us in a will, and we have got a buyer - do we need to get a HIP's done or anything else? Thanks
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Q1: Yes it is, but for the amount of effort you would have to put in, I would question whether you really want to do this. Google low-cost conveyancer and get a quote from one. Look carefully at the small print - they tend to add extras on if you want, say, less than 7 days between exchange and completion. I have just used one of these to sell an executor property at just over £300k. Legals fees were £149 plus, ID check fee, plus electronic transfer of funds fee-whole lot including VAT came to about £220. The LOWEST cost I could get from any high street solicitor - and I rang a dozen in various parts of the country - was £500 for the same thing. People have got to realise that solicitors still make a lot of money from these relatively simple transactions.
Q2: HIPs. The Government website says you need a HIP before you start marketing the property. If you have not marketed the property then it is my understanding that you do not need a HIP. If you find you do - shop around - paid about £160 for mine.
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Thanks for that!
tesco will sell your house for £999
thats what i saw in a news paper
Correction: Tesco will ADVERTISE your house for £999.
They may not sell it.
You know you shouldn't believe what you read in the newspapers (especially in the Daily Mail)

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