Our family solicitor has given a fee calculation of £1350 for no sale no fee conveyancing in Hurst Green. I’m looking to sell a Georgian house for £125,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Hurst Green?
The estimate does seem marginally steep. If you are happy to invest time contrasting prices you may be able to get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, you couldcome to rue opting for an an untested solicitor. Don't forget to ensure the firm can act for your bank. Do employ our search tool to locate a Hurst Green conveyancing firm on the banks member panel which can often include conveyancing solicitors in Hurst Green.
What does my ID and proof of funds have anything to do with my conveyancing in Hurst Green? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing retainer. The Client Care letter that you need to sign will no doubt confirm this. Your lender will also require certain documents to be checked. If you are unwilling to supply ID verification documents, your solicitor would not be able to act for you.
My friend advised me that if I am purchasing in Hurst Green I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Hurst Green conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Hurst Green around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hurst Green Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Hurst Green Education with maps and statistics, Local Amenities and other useful information concerning Hurst Green.
How does conveyancing in Hurst Green differ for newly converted properties?
Most buyers of new build property in Hurst Green come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because builders in Hurst Green usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Hurst Green or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Hurst Green before retaining lawyers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders will not issue a mortgage on this type of home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hurst Green. Conveyancing will be smoother if you use a solicitor in Hurst Green especially if they are acquainted with such properties in Hurst Green.
My husband and I are novice buyers - agreed a price, but the agent has warned us that the owners will only proceed if we instruct the agent's chosen lawyers as they want a ‘quick sale’. My instinct tells me that we should use a local solicitor accustomed to conveyancing in Hurst Green
It is improbable the sellers are behind this. If they desire ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to use your preferred Hurst Green conveyancing solicitors - not the ones that will earn the negotiator at the agency a kickback or hit his conveyancing targets pre-set by senior management.