The solicitor who assisted with my previous purchase has quoted £1350 for leasehold conveyancing in Kingstanding. I’m hoping to sell a purpose built house for £250,000. Is this overpriced? Is it in excess of what I should be paying for conveyancing in Kingstanding?
The estimate does seem a tad overpriced. If you shop around you may be able to reduce the fees marginally by say £100 plus VAT. That being said, you mightlive to regret opting for an a cheaper conveyancer. Remember to be sure that the conveyancer can represent your bank. You can employ our comparison tool to get a quote a Kingstanding conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Kingstanding.
As someone not used to conveyancing in Kingstanding what is your top tip you can impart concerning the legal transfer of property in Kingstanding
Not many law firms shout this from the rooftops but conveyancing in Kingstanding and elsewhere in Birmingham is an adversarial process. Put another way, when it comes to conveyancing there is plenty of opportunity for confrontation between you and others involved in the legal transfer of property. E.g., the vendor, estate agent and even potentially your bank. Appointing a solicitor for your conveyancing in Kingstanding an important selection as your conveyancer is your adviser, and is the ONE person in the transaction whose role it is to protect your best interests and to protect you.
Every so often a potential adversary may try and sway you that you should follow their advice. For example, the selling agent may claim to be assisting by claiming that your conveyancer is dragging his heels. Or your financial adviser may advise you to do take action that is contrary to your lawyers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Do I have to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Kingstanding so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for banks undertake the vast majority of communications via Royal Mail, internet or over the phone. This enables them to conduct the conveyancing transaction no matter where you live in England or Wales. However you can see if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.
five months have gone by following my purchase conveyancing in Kingstanding completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Kingstanding prior to appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can investigate further via 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 Kingstanding. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kingstanding to see if the conveyancing costs will increase in light of this.
My company is intending to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering fixed costs for commercial conveyancing in Kingstanding for below £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Kingstanding, including the sale and acquisition of businesses as well as simply premises. If you are intending to purchase or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. Regarding the costs this will depend on the structure and complexity of the deal. Let us have your contact information or phone so as to enable us to furnish you with a fixed commercial conveyancing calculation.