nobbyshrimp wrote:Let’s hope they both use the same solicitors to speed it up drastically
Funny. They'd still use different solicitors within the firm with "chinese walls" in place to maintain independence and confidentiality, as one solicitor can't act for both sides to any matter due to risk of bias and breaching confidentiality. I've used the same firm a couple of times when I've been on "both sides" of a transaction, and I can guarantee it doesn't make them any quicker. They still "lie" about the "other party" to excuse their mistakes and slow service, even if the "other party" is the same person!
One was when I was buying a property from an elderly relative. The relative let me do all the work as they were ill and couldn't cope, so they'd show me letters from their solicitor and ask me how to respond, where to sign etc., and for my side, as the buyer, a different solicitor in the same firm was writing to me, etc. Quite funny when the relative passed me a letter from his solicitor saying how it was my fault that a certain document hadn't been completed - when I knew for a fact that I'd done it and sent it back, and gave my solicitor a right ear bashing because he'd lost it yet was telling his colleague in a different room that I'd not sent it back!
Similar happened when I bought (personally) my small office that my self managed pension fund previously owned. Again, I was on both sides, and the same happened with different solicitors in the same building blaming eachother and then me for their cock-ups.
I actually think different solicitors in different firms is more likely to work better. Certainly if one is inefficient or incompetent the other firm's solicitors is more likely to flag it up rather than "hide" the mistakes of a colleague working in the same firm!