The lawyer who dealt with my last purchase has given a fee estimate £1150 for fixed fee conveyancing in Blackburn. I am selling a purpose built house for £275,000. Are these conveyancing fees excessive? Is it in excess of the average fee for conveyancing in Blackburn?
The estimate does seem a tad overpriced. Where you are prepared to spend time contrasting fee on a like for like basis you could reduce the fees marginally by perhaps £100 plus VAT. That being said, you mightcome to rue opting for an a cheaper conveyancer. If is important to enquire that the solicitor can also act for your bank. Do make use of our comparison tool to choose a Blackburn conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Blackburn.
Our lawyer has discovered a a problem with the lease for the flat we are purchasing in Blackburn. The seller’s lawyers have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our property lawyer says that he must check that the bank is happy with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancer will have no choice but to discontinue acting for you.
We are purchasing a property and the solicitor has identified Chancel Repair for which the property could be liable because it falls into the area of such a church. He has recommended insurance. Is this really warranted for conveyancing in Blackburn
Unless a prior purchase of the premises took place after 12 October 2013 you can take it that lawyers handling conveyancing in Blackburn to continue to advocate a chancel search and or chancel repair liability policy.
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Blackburn for a purchase of a leasehold flat 12 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Blackburn conveyancing specialists.
How does conveyancing in Blackburn differ for new build properties?
Most buyers of new build or newly converted property in Blackburn come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Blackburn typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Blackburn or who has acted in the same development.
I am selling my house. My previous solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Blackburn if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Blackburn. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.