The solicitor who dealt with my last purchase has quoted £1150 for no sale no fee conveyancing in Harrold. I’m hoping to downsize from a Georgian house for £275,000. Are the quoted fees excessive? Is it above what I should be paying for conveyancing in Harrold?
The costs illustration is slightly on the steep side. If you shop around you could decrease the fees marginally by as much as £125. On the other hand, you mightlive to rue choosing an an unknown solicitor. If is important to check the conveyancer can act for your mortgage company. You can employ our comparison tool to find a Harrold conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Harrold.
In what way does my ID and proof of funds have anything to do with my conveyancing in Harrold? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Harrold. However these days you can not complete any conveyancing process without first providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Remember if you are providing your driving licence as proof of identification it needs to be both the paper element as well as the photo card part, one is not satisfactory without the other.
Proof of your source of funds is required in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancer will need to have this information on file. Your Harrold conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask additional queries concerning the source of funds.
What does a local search inform me concerning the property I am purchasing in Harrold?
Harrold conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search is essential in every Harrold conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
Me and my brother purchased a renovated Edwardian property in Harrold. Conveyancing practitioner represented me and Britannia. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the exact same property. Is it worth asking Britannia to clarify?
You need to read 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 Harrold and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who carried out the work.
Over the last few months I have been searching for a flat up to £245,000 and identified one round the corner in Harrold I like with open areas and station in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Harrold in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
Is it possible to change conveyancer as I need to retain one who is on the TSB conveyancing panel. I had appointed a high street conveyancing solicitor in Harrold round the corner but she is not approved by TSB
It would be our pleasure to assist you select a conveyancing solicitor in Harrold on the TSB panel. Please note that the conveyancers that we list do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Harrold. Using the find a conveyancing solicitor tool on this site, you can scrutinise charges for conveyancing solicitors in Harrold and beyond.