Should I use the Conveyancing Solicitor recommended by my Estate Agent?
Posted on 27th October 2023
As a firm of esteemed local conveyancing solicitors, we really hope that you are reading this blog, before you have instructed a solicitor to act in relation to the sale, or purchase of your residential, or commercial property.
Our first paragraph sets out the tone of this blog, and, unlike a best-selling crime novel, there is no twist in the tail here- sing the conveyancing solicitor recommended by your estate agent on most occasions is not the best choice. So, why is this? Is this because our conveyancing solicitors haven’t been recommended, and we are bitter? No—we have four offices across Lancashire, a busy conveyancing department, the best conveyancing solicitors the writer has had the fortune to work with (and indeed, as one of the directors of the firm, employ), and simply amazing reviews, and lots of repeat business, from returning clients. The writer, simply wishes to see an end to fees paid to estate agents by solicitors, where the estate agent has recommended them to act for a property sale, or purchase. The whole industry reeks of the old-school Machiavellian deals- old-fashioned, out-of-date, and certainly not designed with the clients best interest at heart.
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You know where this is going. But if you have found this conveyancing blog before instructing a conveyancing solicitor, please read on. There are reasons not to go ahead with your estate agent’s recommendation, in relation to a solicitor to carry out your property sale or purchase; and they are, in no particular order, as follows:
Conflict of Interest
The estate agent may have a financial interest in the transaction, as they often receive referral fees from solicitors they recommend. This can lead to a conflict of interest, potentially affecting the advice you receive.
Independent Advice
You might want an independent solicitor who solely represents your interests and can provide unbiased advice. Using the agent's recommendation could compromise this independence.
Quality of Service
While some estate agents recommend reputable solicitors, others might prioritize their own interests over the quality of service provided. It's important to research and choose a solicitor with a proven track record.
Negotiating Skills
A solicitor recommended by your estate agent may be less likely to negotiate aggressively on your behalf, as they may want to maintain a good relationship with the agent for future referrals.
Cost
Fees charged by solicitors recommended by estate agents might be higher, as they may account for referral fees paid to the agent. You might find more cost-effective options by shopping around.
Transparency
Using a recommended solicitor could lead to concerns about transparency. You may not have a clear understanding of the fees and terms involved in the referral agreement between the solicitor and the agent.
Why choose MG Legal Solicitors?
Transparent fees.
Our solicitors offer their services on a clear fixed-fee or hourly rate, and accept personal injury claims on a no win no fee basis.
We are the experts.
Here at MG Legal, our team of friendly solicitors are fully-qualified and have over thirty years' experience in helping clients just like you.
Regular communication.
When you work with MG Legal, your solicitor will be in regular contact so you have step-by-step updates.
Multiple office locations.
If you are looking to instruct our solicitors, we have offices in Garstang, Longridge, Lancaster and Lytham for your convenience.
It's essential to do your own research, ask for recommendations from friends or family, and speak to potential solicitors to find one who aligns with your needs and provides the level of service and commitment you require during the conveyancing process.
All too often, and at the time of writing, a Sunday, the writer has been contacted by a client, panicking because the solicitor their estate agent recommended, has failed to obtain a crucial document pertaining to the purchase of their new property- contracts have been exchanged, with the small matter of the client losing a 50k deposit, if the completion doesn’t go ahead, the following day, a Monday.
When buying or selling a residential or commercial property, please do not go for the option placed in front of you by your agent, if your agent is receiving a fee for that referral. Do your research; read Google reviews, give a local conveyancing solicitor, one who has an office you can attend upon, a call, or ask for a quote online.
At MG Legal, we want to make the conveyancing process as simple, and clear as possible. If you are looking for an amazing, local conveyancing solicitor (we only employ full-qualified conveyancing solicitors), and looking for a very reasonable fixed-fee quote, then please do not hesitate to contact us. if you are in Lytham, Preston, or Lancaster, we offer home visits, if required, and the best local knowledge of residential and commercial conveyancing. We do not pay referral fees to estate agents, and pride ourselves on being independent, approachable, and able to get you moving as quickly as possible.
We are MG Legal- solicitors in Lytham, Lancaster and Preston. You will not be sorry you chose to work with us.
Why choose MG Legal, Conveyancing Solicitors?
Clear, fixed-fees
Fully-Qualified Conveyancing Solicitors
Tailored Service
Multiple Office Locations
Decades of Experience
Home Visits
Tagged as: Conveyancing, Your Local Solicitors
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