I was referred a solicitor who has quoted £1700 for no sale no fee conveyancing in Camberley. I am looking to sell a modern property for £175,000. Is this over the top? Is it in excess of what I should be paying for conveyancing in Camberley?
The charges are a bit high. If you shop around you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you mightlive to rue opting for an a cheaper solicitor. If is important to check the firm can represent your mortgage company. Do use our comparison tool to locate a Camberley conveyancing practice on the banks member panel which can often include conveyancing solicitors in Camberley.
Please explain the implications if my lawyer’s firm is expelled from the Aldermore Solicitor panel ahead of completing my conveyancing in Camberley?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
When it comes to lenders such as Yorkshire BS, do Camberley property lawyers face an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
My wife and I have organised the release of further funds on our mortgage from Yorkshire BS as we wish to carry out renovations to our home in Camberley. Do we need to choose a bricks and mortar Camberley solicitor on the Yorkshire BS conveyancing panel to handle the legals?
Yorkshire BS don't usually require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS panel.
I recently had an offer agreed on a house in Camberley. My mortgage broker pressured me to appoint their lawyer. I paid an advanced payment of £225. A couple of days later, the lawyer contacted me sheepishly admitting that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
It has been 3 months following my purchase conveyancing in Camberley concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 residence 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 was supposed to be a straight forward, no chain conveyancing. Camberley is the location of the property. Can you offer any assistance?
Flying freeholds in Camberley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Camberley you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Camberley 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.
I bought a flat in Camberley last 25/10/2024 and to date it is still not recorded with HM Land Registry. It is part of a new estate and my solicitor told me that it can take 12 months to complete the registration formalities. I have spoken with the Land Registry directly and they have informed me the original application was cancelled due to questions not being addressed in time. Should I be concerned?
Contact your lawyer - Where you are unsatisfied with the responses, find out about their firm’s complaints process and escalate your concerns to a Partner. Registrations for Camberley conveyancing are not known to be significantly delayed.