Conveyancing is solicitor essential?

cara mc k

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Can I enquire, selling one property to buy another, 2nd property being bought from relative. Is it possible to do any of the conveyancing work myself to save money, or does it all have to go through a solicitor.

Any advice appreciated.

Cara Mc K
 
For all kinds of reasons, yes, a solicitor is necessary.

If you do not have a mortgage and you have your own title deeds, you could, amongst many other things, try drafting a watertight contract, drafting necessary Family Law/Planning Declarations, approving a draft Deed and satisfying a purchasers solicitor that you understood all that was involved.

If you have a mortgage, your lender will not release your Deeds to you personally unless you pay off your mortgage.

And if you are buying and you want to do a laymans job, then again you will need not to have a mortgage ( no way is a lender letting you acquire a property to mortgage to them without a solicitors input/insurance to call on) and you will need to know enough about title, drafting deeds, stamp duty, CAT, CGT, registration etc.,etc., to make sure you acquire a good marketable title.

There is a great deal more to conveyancing than changing the names and addresses on previous files!

mf
 
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