Our family solicitor has given a fee estimate £1200 for leasehold conveyancing in Gwynedd. I’m hoping to sell a Georgian house for £175,000. Is this expensive? Is it above what I should be paying for conveyancing in Gwynedd?
The estimate does seem marginally overpriced. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £125. On the other hand, you mightcome to rue choosing an an untested conveyancer. Don't forget to ensure the solicitor can also act for your lender. You can employ our comparison tool to locate a Gwynedd conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Gwynedd.
My partner and I are getting closer to an exchange on a house in Gwynedd and my parents have sent the ten percent deposit to my conveyancing practitioner. I am now informed that as the deposit has been received from someone other than me my lawyer needs to make a notification to my bank. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
Your conveyancing practitioner is duty bound to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We are purchasing a house and need a conveyancing solicitor in Gwynedd who is on the Nottingham approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Gwynedd.
I am purchasing a terraced house in Gwynedd. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Gwynedd you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Gwynedd.
I have recentlybecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Gwynedd for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The easiest way to see if the premises is in your name, you can make 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 Gwynedd conveyancing specialists.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Gwynedd is where the house is located. Is there any guidance you can give?
Flying freeholds in Gwynedd are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Gwynedd you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gwynedd 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 premises.