My family lawyer has sent a quote for £1200 for leasehold conveyancing in Chessington. I’m hoping to sell a newly refurbished detached home for £125,000. Are these estimated fees excessive? Is it above the norm for conveyancing in Chessington?
The estimate does seem marginally steep. Where you are prepared to spend time contrasting quotes you might shave off some of the expense by say £125. That being said, you mightcome to rue choosing an a cheaper conveyancer. Remember to ensure the conveyancer can represent your mortgage company. Do employ our comparison tool to locate a Chessington conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Chessington.
My husband and I are buying a newbuild flat in Chessington with a residential mortgage from Yorkshire Building Society.We would like to retain our Chessington conveyancing solicitor but Yorkshire Building Society says his firm is not listed on their "panel". We have to appoint a Yorkshire Building Society panel solicitor or retain our local solicitor and pay for a Yorkshire Building Society panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Yorkshire Building Society use our lawyer?
No, not really. The loan offered to you contains various provisions, one of which will be that lawyers needs to be on the Yorkshire Building Society approved list. Until recently, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Yorkshire Building Society
Will my solicitor be making enquiries regarding flooding during the conveyancing in Chessington.
Flooding is a growing risk for solicitors conducting conveyancing in Chessington. Some people will purchase a property in Chessington, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, however there are a number of searches that can be carried out by the purchaser or by their lawyers which should give them a better understanding of the risks in Chessington. The standard information given to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a standard question of the owner to discover whether the property has historically flooded. If flooding has previously occurred and is not notified by the owner, then a purchaser could bring a claim for damages as a result of such an incorrect response. A buyer’s lawyers may also conduct an environmental search. This will reveal whether there is any known flood risk. If so, further investigations will need to be made.
Me and my brother own a terraced Victorian property in Chessington. Conveyancing solicitor represented me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chessington and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who carried out the work.
How does the Landlord & Tenant Act 1954 affect my commercial offices in Chessington and how can your lawyers assist?
The 1954 Act gives security of tenure to business lessees, granting the a statutory right to apply to court for a new lease and remain in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Chessington is one of the many locations in which our lawyers are based
I have been sourcing a conveyancing lawyer in Chessington for my purchase. Can I see a solicitor's record with the profession’s regulator?
Members of the public can see documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA may monitor call for training reasons.