My previous conveyancer has sent a quote for £1700 for freehold conveyancing in Knotty Ash. I’m hoping to downsize from a newly refurbished detached home for £250,000. Is this overpriced? Is it in excess of the average fee for conveyancing in Knotty Ash?
The charges are a bit high. Where you are content to expend time comparing fee on a like for like basis you may be able to shave off some of the expense by perhaps £125. On the other hand, you maylive to rue opting for an an untested solicitor. Don't forget to be sure the solicitor can also act for your bank. Do use our search tool to get a quote a Knotty Ash conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Knotty Ash.
Completed the sale of my flat in Knotty Ash last January but our buyer keeps texting daily to moan that their lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
Post completion of your disposal your conveyancer should send the transfer documentation and all of the paperwork to the buyer’s lawyers. Where relevant, your conveyancer should also confirm that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There are no post completion steps just for conveyancing in Knotty Ash.
My property lawyer in Knotty Ash is not listed on the HSBC Bank Approved Panel. Can I still use my prefered solicitor notwithstanding that they are excluded from the HSBC Bank list of approved lawyers?
The limited options available to you here include:
- Complete the purchase with your preferred Knotty Ash lawyers but HSBC Bank will need to instruct a conveyancer on their panel. This will result in additional overall conveyancing charges as well as cause frustration.
- Find a new lawyer to to deal with the purchase, remembering to check they are HSBC Bank approved.
- Try to convince your HSBC Bank solicitor to attempt to join the HSBC Bank panel
Will my conveyancer be making enquiries regarding flooding during the conveyancing in Knotty Ash.
Flooding is a growing risk for solicitors dealing with homes in Knotty Ash. Plenty of people will purchase a house in Knotty Ash, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Solicitors are not qualified to impart advice on flood risk, however there are a numerous checks that may be undertaken by the purchaser or on a buyer’s behalf which can give them a better understanding of the risks in Knotty Ash. The conventional set of property information forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to discover whether the property has suffered from flooding. In the event that the premises has been flooded in past and is not notified by the vendor, then a purchaser may issue a compensation claim as a result of such an misleading answer. A buyer’s lawyers should also order an enviro report. This should indicate whether there is any known flood risk. If so, more detailed investigations will need to be carried out.
4 months have elapsed since my purchase conveyancing in Knotty Ash completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 asset 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.
How do I use your search facility to find a conveyancing practitioner in Knotty Ash on the authorised to act for my lender?
1st choose a mortgage company such as National Westminster Bank, Chelsea Building Society or Godiva Mortgages Ltd then choose your preferred area e.g. Knotty Ash. Conveyancing practices in Knotty Ash and beyond will then be listed.