I was recommended to a conveyancer who has given a fee calculation of £1350 for no sale no fee conveyancing in County Durham. I am looking to sell a Georgian house for £150,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in County Durham?
The quote is slightly on the high side. If you shop around you may be able to trim some of the expense by say £100 plus VAT. That being said, you maylive to rue opting for an an untested conveyancer. Don't forget to check the solicitor can also act for your lender. You can use our search tool to locate a County Durham conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in County Durham.
We are downsizing from our property in County Durham and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed an online conveyancing outfit as opposed to a conveyancing solicitor in County Durham. We have lived in County Durham for three years we know that this is a non issue. Is it a good idea to contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up during conveyancing in County Durham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in County Durham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm purchasing my first flat in County Durham benefiting from help to buy. The builders would not move on the price so I negotiated five thousand pounds worth of extras instead. The property agent advised me not disclose to my lawyer about this extras as it would impact my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. County Durham is where the house is located. Can you shed any light on this issue?
Flying freeholds in County Durham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside County Durham you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in County Durham may ascertain 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.
How difficult is it to transfer to a new firm as I need to instruct a firm on the Coventry Building Society conveyancing panel. I was using a high street conveyancing solicitor in County Durham five minutes from me but he is not accepted by Coventry Building Society
We will our best to assist in finding you a conveyancing solicitor in County Durham on the Coventry Building Society panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in County Durham. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in County Durham.