When selling/buying land does each side need a solicitor?
Or can you save money by having only one?
Thanks.
Selling land : 1 or 2 solicitors?
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Re: Selling land : 1 or 2 solicitors?
For a house sale/purchase (assuming land will be the same) then you can not use the same solicitor as its regarded as a conflict of interest. You can in theory use the same firm as long as different people within the firm are representing each party. Whilst there are a few online only cheap firms, I would not touch them with someone else's barge pole!!
Re: Selling land : 1 or 2 solicitors?
I don't think you're actually compelled to use a solicitor, but it would be a brave man who attempted to exchange watertight contracts and cash without one.