The solicitor who helped my former purchase has given a fee estimate £1700 for freehold conveyancing in Cumbria. I’m selling a Georgian house for £275,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in Cumbria?
The charges are a bit high. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. That being said, you maycome to rue opting for an an untested lawyer. Don't forget to be sure the conveyancer can represent your lender. You can use our comparison tool to locate a Cumbria conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Cumbria.
Can the conveyancing lawyers identified via your search tool carry out auction conveyancing in Cumbria?
There are a few niche practitioners we can put you in touch with those conducting auction conveyancing. Cumbria is just one of the many areas of where our lawyers have offices.
What does my ID and proof of funds have anything to do with my conveyancing in Cumbria? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Cumbria conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, conveyancers are duty bound to investigate not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
Me and my brother own a renovated Edwardian house in Cumbria. Conveyancing practitioner acted for me and Barnsley Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be 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 Cumbria and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who carried out the work.
My company is planning to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed fees for non-domestic conveyancing in Cumbria for below 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Cumbria, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. Regarding the costs these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or phone us so that we can provide you with comprehensive commercial conveyancing calculation.
Am I best advised to instruct a Cumbria conveyancing solicitor based in the location that I am purchasing? I have an old university friend who can conduct the legal work however her office is 200miles away.
The benefit of a local Cumbria conveyancing practice is that you can drop in to sign documents, present your ID and pester them if necessary. Having local Cumbria know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and they were impressed that must outweigh using an unknown Cumbria conveyancing solicitor solely due to them being local.