My previous solicitor has given a fee calculation of £1150 for freehold conveyancing in Knightsbridge. I am hoping to sell a newly refurbished detached home for £300,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Knightsbridge?
The quote is fractionally on the steep side. If you shop around you could shave off some of the cost by as much as £125. That being said, you mightcome to rue choosing an an untested conveyancer. If is important to be sure that the firm can act for your mortgage company. Do utilise our comparison tool to locate a Knightsbridge conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Knightsbridge.
Is there a search tool that I can utilise to find out if the solicitor conducting my conveyancing in Knightsbridge is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Nottingham Building Society thus paying £187.00 plus VAT in another set of conveyancing fees.
You should make the most of the find a lender approved solicitor tool on this web page. Please choose the mortgage company and type ‘Knightsbridge’ or your location and you will see numerous conveyancers located in Knightsbridge or by proximity to you.
My wife and I are purchasing a house in Knightsbridge. It might be a silly question but how we can trust a conveyancer? At some point we will need to put funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Knightsbridge conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Knightsbridge seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer handling your conveyancing.
Having digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Knightsbridge solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Knightsbridge surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
We are purchasing a property and the solicitor has mentioned Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly required for conveyancing in Knightsbridge
Unless a prior purchase of the property took place after 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Knightsbridge to remain encouraging a chancel search and or chancel repair liability insurance.
I am buying a new build apartment in Knightsbridge. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Knightsbridge
-
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Should I be concerned that brokers that I am dealing with are recommending a web based conveyancing firm rather than a local Knightsbridge conveyancing practice?
As with lots of professional services, often referrals from family and friends can be extremely useful or valuable. Yet there are numerous people with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks might all put forward conveyancers to choose. Sometimes these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying financial incentive behind the recommendation. You are at liberty to choose your preferred conveyancer. However, bear in mind that most mortgage providers specify a panel list of conveyancers you have to use for the lender aspect of your conveyancing.