On this episode of the ReadytoBuy Podcast, we will be discussing what your solicitor will be doing for you behind the scenes, and interviewing special guest Callum Robertson from EMG Solicitors!

Time Stamps

PART ONE

00:00 – Introduction

01:38 – ‘What Does My Solicitor Do?’ 

05:09 – Interview with Callum from EMG Solicitors – Part One

06:09 – What Do You Do?

• 06:35 – ‘To Begin With’
• 08:11 – Opening Up a File
• 09:59 – Memorandum of Sale
• 11:31 – Searches
• 14:05 – Being Happy With the Condition
• 15:56 – Importance of Completing Paperwork

INTERMISSION

17:24 – ‘Definitely Not A Silly Question’ Segment

17:53 – Question

18:03 – Answer

18:48 – Contact Info for Questions

19:14 – Risk Warning

PART TWO

19:51 – Interview with Callum from EMG Solicitors – Part Two

• 20:27 – Exchange of Contracts
• 22:20 – Reassurance Prior to Exchange
• 23:26 – What Do You Need From Clients Prior to Exchange?
• 23:57 – 10% Deposit
• 24:51 – ‘A Key Milestone’
• 25:26 – Releasing the Funds & Moving In
• 27:33 – ‘Behind the Scenes’ 
• 30:02 – Any More Nuggets of Wisdom?

31:55 – Summary

33:43 – Conclusion

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Notes

(00:00 – 01:37) Introduction

Introducing the podcast and providing details for listeners on where to contact.

Website: mhcmortgages.co.uk

(01:38 – 05:08) What Does My Solicitor Do?

• They will be with you for the next few months and so it is important to choose well.
• There are many good ones and it is something you can control.
• Take recommendations from your professionals’ help and look at online tools to see how other people have fared.
• Think about questions like:
• Are they proactive?
• Are they easy to get a hold of?
• Are they good at communicating?
• There is a huge variance in costs when it comes to solicitors/conveyancers. Sometimes in can be double. It is a good idea to get two or three comparisons just to sense check.
• I would be wary of ‘panel solicitors,’ that are set up to deal with many clients at one time. You will be one of thousands of other people they process and so the experience can feel a bit impersonal and you might not be able to contact the right person.