The Roles of a Conveyancer
A conveyancer is a licensed individual who specialises in the alienation and transfer of property from one individual to another. Before the 1980 this could only be done by a lawyer or legal official, then this monopoly was severed by DIY conveyancing.
These days there are specialised lawyers, who would be called a conveyancing solicitor, who deal specifically with property law and the transferral of property from one individual to another. The good thing about this is, as your conveyancer will still be a lawyer, this affords the same level of protection for the client but with the added bonus that you are dealing with someone who specialises in property law! This may be only one beneficial side effect but it is an all-important one as property is a huge asset to any person; such important matters needs professional care and protection.
The protections conveyancing can offer, when done by a licensed conveyancer, are numerous. For a start the company and practitioner have to go through a strict examination process, approved by the Council for Licensed Conveyancers, before they can call themselves a conveyancing solicitor. This ensures that when you hire someone in this profession, so long as they are not fraudulent, they are knowledgeable. A licensed conveyancer will also have professional indemnity insurance so that a customer won’t suffer in the event of negligence from a conveyancer. Thirdly; a licensed conveyancing company will usually contribute to a compensation fund to protect a client from loss should their conveyancer be dishonest, fraudulent or incompetent.
A conveyancer, if they are properly licensed, will be able to provide you protection and peace of mind when you require property transferred. While they may be the more costly option it would be safe to say that the benefits weight heavier than the expense, especially when you consider that you have the safety net of compensation with a licensed company.