Conveyancing solicitor

Discussion in 'Legal Issues' started by newtoinvest4, 7th Jul, 2020.

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  1. newtoinvest4

    newtoinvest4 Well-Known Member

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    Thank you everyone who has helped answered my many questions since I began this learning journey into property investing
    Can anyone comment if there is any advantage to having a solicitor local(ish) or close by to the area where I want to buy a property? I’ve noticed that the vendors solicitor is. Mine is in a major city quite a distance away. Just got me thinking if I should do the same as they would be more familiar with the area?
     
  2. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Doesn't really matter if your conveyancer is local to the purchase or not. These days the settlement process is done online, the various parties often never meet. Where they do meet, they'll usually hire someone local to exchange the documents. Usually the equivalent of a legal clerk.
     
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    quite a few businesses have One office that services all of the east coast etc

    ta
    rolf
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Many reasons that the vendor is using a local eg familiarity with the vendor/previous dealings, first one that sprang to mind, recommended by agent, family friend, price, competence etc.

    Reasons for using your own - as per @Peter_Tersteeg
     
  5. newtoinvest4

    newtoinvest4 Well-Known Member

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    Location:
    NSW
    Good to know. Thanks Peter