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Solicitors
A solicitor is a legal adviser representing either the seller or the buyer.
It is technically possible, but ill-advised, for one solicitor to represent both
parties. In such a scenario the solicitor must have had both parties as previous
clients as well as their mutual agreement to his handling the matter. Most commonly
this may arise with a sale between two members of the same family after probate
or a family rearrangement.
The seller’s solicitor is responsible
for drawing up the legal documentation, while the buyer’s solicitor will
look into all aspects of the proposed agreement on behalf of his client. He should
be in a position to give independent impartial advice on all aspects of the purchase
and you should consult him before signing any contract
or legal agreement.
We would emphasise the importance of the solicitor
being independent. If he were employed by anyone then his duty of care to his
employer could take precedence over his duty to you – hence his advice may
not always be as impartial as you would wish.
Solicitors are qualified
to handle a wide range of legal work in addition to conveyancing. They all belong
to the Law Society and bound by specific codes of professional practice. Indeed
the initial monopoly on conveyancing was granted to the solicitors’ profession
over 200 years ago.
Incidentally, throughout these notes, we have generally
referred to solicitors, but this could equally well mean a licensed conveyancer
or any qualified legal adviser handling the conveyancing work on your behalf.
As
estate agents we have had long experience of dealing with all local solicitors
and conveyancing companies, and will be pleased to recommend a list of suitable
firms you may wish to approach.
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