Can you use the same conveyancer as the seller?

Can you use the same conveyancer as the seller?
Although it may seem that having the same solicitor when buying or selling a property could speed up the conveyancing process, save time and decrease paperwork, this practice can lead to complications.

Licensed conveyancers and solicitors are obligated to prioritise your best interests. Serving both parties in a transaction blurs the lines of representation, potentially leading to conflicts of interest and inadequate disclosure in contractual matters.

If you’re buying, selling, or engaging in other property transfer dealings, our advice is to avoid using the same conveyancer or solicitor as the other party. Here are the key reasons why:

Conflict of interest

A property solicitor or conveyancer may face a conflict of interest when representing both the buyer and the seller. Each party has different interests and objectives in the transaction, and it can be challenging for one solicitor to advocate effectively for both sides.

Independent advice

It’s crucial for both the buyer and seller to receive independent legal advice. When you use the same conveyancer as the seller, a solicitor representing both parties might not be able to provide completely unbiased advice, as what benefits one party may not necessarily benefit the other.

Learn more about the independent legal advice we provide. 

Negotiation and representation

During negotiations, issues might arise where the interests of the buyer and seller diverge significantly. In such situations, each party needs their own representative to negotiate on their behalf.

Confidentiality of information

Having separate property solicitors ensures that confidential information shared by each party will remain private. This confidentiality can be compromised if both parties share the same solicitor.

Regulatory guidelines

Legal practitioners are bound by ethical guidelines and professional standards that may restrict them from representing both parties in a property transaction due to the potential for conflict of interest.

Consumer protection

Separate representation ensures that both parties are adequately protected and informed, which aligns with consumer protection laws and practices.

If cost is a concern, it’s better to seek a more affordable solicitor than to compromise on independent representation and use the same conveyancer as other party.

In some very straightforward transactions, like a transfer between family members, using the same solicitor might be more acceptable, but even in these cases, the potential risks and limitations should be carefully considered. It’s always advisable to seek independent legal advice tailored to your specific circumstances.

Contact us to find out more about conflict of interest if you are buying or purchasing a property and using the same conveyancer as the seller.

Can I use the same solicitor as my buyer?

The same recommendations apply when considering using the same solicitor as party looking to purchase your property.

If any disputes or negotiations arise, having separate legal representation ensures that your interests are vigorously represented. This is particularly important in negotiations over terms, price, or conditions in the contract.

Contact us to find out more about conflict of interest if you are selling a property and are considering using the same conveyancer as the buyer.

Need help?

Buying and selling property can be complex and stressful, but we help make it a little easier.

From contract review through to settlement, you’ll have complete confidence in our capable and trusted legal team. Every step of your transaction is tracked online so that you can see your matter’s progress anywhere, anytime.

We help customers in Newcastle, Maitland, Central Coast and across NSW.

Call us on 02 4018 7555 or get a quote online.

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