No purchase no fee conveyancing

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No Purchase No Fee - Conveyancing http://www.yourconveyancingservices.com/ Address: 35 Stow Hill, Newport, NP20 1JE Contact No - 0845 868 1782 When looking for a solicitor to represent them whilst moving home, many prospective house- buyers are presented with the prospect of ‘no purchase no fee’ conveyancing. This is the process where if the sale falls through before the exchange, then the client is not expected to pay for the service carried out by a conveyancing lawyer. This has left many consumers with the difficult decision of choosing between the different types of conveyancing. The dilemma faced by many prospective buyers is whether the offer of ‘no purchase no fee’ conveyancing services will deliver a less reliable or reputable service. The answer is not simple but there are several things which must be considered. Many prospective consumers main concern over ‘no purchase no fee’ conveyancing is that if the conveyancing solicitor is aware that they may not be paid at the end of the job, they may not work as comprehensively or thoroughly on that specific case. Although this must be considered, property solicitors are aware of the fragile market in which they operate and many offer this service to entice consumers regardless of the outcome of the case. Additionally, it is believed that many conveyancing lawyers who offer ‘no purchase no fee’ are more likely to push through their case to an exchange in order to get paid. Due to the rise of online conveyancing over the last decade, many firms now offer a no fee policy if the sale does not go through. It must be noted however, that some of these companies expect a small fee up front to cover some of the costs in the event that the sale does not complete. These companies are able to offer the no fee service because of the lower number of overheads they incur by operating solely online. Therefore, they are not necessarily offering a lower standard of service and there are many online conveyancing services who offer ‘no purchase no fee’ with exemplary reputations and levels of service.

Transcript of No purchase no fee conveyancing

Page 1: No purchase no fee   conveyancing

No Purchase No Fee - Conveyancing

http://www.yourconveyancingservices.com/ Address: 35 Stow Hill, Newport, NP20 1JE

Contact No - 0845 868 1782

When looking for a solicitor to represent them whilst moving home, many prospective house-

buyers are presented with the prospect of ‘no purchase no fee’ conveyancing. This is the process

where if the sale falls through before the exchange, then the client is not expected to pay for the

service carried out by a conveyancing lawyer. This has left many consumers with the difficult

decision of choosing between the different types of conveyancing.

The dilemma faced by many prospective buyers is whether the offer of ‘no purchase no fee’

conveyancing services will deliver a less reliable or reputable service. The answer is not simple

but there are several things which must be considered.

Many prospective consumers main concern over ‘no purchase no fee’ conveyancing is that if the

conveyancing solicitor is aware that they may not be paid at the end of the job, they may not

work as comprehensively or thoroughly on that specific case. Although this must be considered,

property solicitors are aware of the fragile market in which they operate and many offer this

service to entice consumers regardless of the outcome of the case. Additionally, it is believed

that many conveyancing lawyers who offer ‘no purchase no fee’ are more likely to push through

their case to an exchange in order to get paid.

Due to the rise of online conveyancing over the last decade, many firms now offer a no fee

policy if the sale does not go through. It must be noted however, that some of these companies

expect a small fee up front to cover some of the costs in the event that the sale does not

complete. These companies are able to offer the no fee service because of the lower number of

overheads they incur by operating solely online. Therefore, they are not necessarily offering a

lower standard of service and there are many online conveyancing services who offer ‘no

purchase no fee’ with exemplary reputations and levels of service.

Page 2: No purchase no fee   conveyancing

No Purchase No Fee - Conveyancing

http://www.yourconveyancingservices.com/ Address: 35 Stow Hill, Newport, NP20 1JE

Contact No - 0845 868 1782