My previous lawyer has sent a quote for £1200 for no sale no fee conveyancing in Benson. I’m looking to sell a purpose built property for £200,000. This appears too much. Is it above what I should be paying for conveyancing in Benson?
The estimate does seem a tad steep. If you shop around you might get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, you mightcome to rue opting for an an unknown solicitor. If is important to check that the firm can also act for your bank. Do use our search tool to choose a Benson conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Benson.
What is the difference between a licensed conveyancer and conveyancing solicitor in Benson
There are many recorded licenced Conveyancers in Benson and Solicitor practices in Benson to choose from It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
When it comes to lenders such as Coventry BS, do Benson solicitors have to pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
Completion of my purchase has taken place for my property in Benson. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Various internet forums that I have come across warn that are the number one cause of hinderance in Benson conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances in the conveyancing process. Searches are not likely to feature in any holding up conveyancing in Benson.
It has been four months following my purchase conveyancing in Benson completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a straight forward, chain free conveyancing. Benson is the location of the property. What do you suggest?
Flying freeholds in Benson are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Benson you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Benson may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We are a fortnight into a leasehold purchase having been recommend to a firm by the local agent to do our conveyancing in Benson. I am am very frustrated with the level of service. Could you help me find new conveyancers?
They would need to be very bad to suggest diss instructing them. Has your loan offer been generated? If so you will need to make them aware of the new contact details and get the loan are re-issued. Your conveyancer should be on the mortgage company panel to avoid supplemental costs and delays. That should be your first question of the new lawyers. Our search tool can help you find a lender approved lawyer for your conveyancing in Benson