I was recommended to a lawyer who has given a fee calculation of £1400 for freehold conveyancing in Leconfield. I’m selling a newly refurbished property for £275,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in Leconfield?
The estimate does seem marginally overpriced. If you shop around you might get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you mightlive to regret choosing an an untested conveyancer. Don't forget to enquire the conveyancer can also act for your bank. Do use our search tool to get a quote a Leconfield conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Leconfield.
My partner and I are refinancing our penthouse in Leconfield with Coventry BS. We have a son 18 who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have two questions (1) Is this document specific to the Coventry BS conveyancing panel as he did not need to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Coventry BS. This is solely used to protect Coventry BS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Coventry BS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My brother-in-law has suggested I instruct a conveyancing solicitor in Leconfield. I I would like to check if they are on the The Royal Bank of Scotland conveyancing panel. Can you advise?
You should contact the conveyancer and enquire whether they can act for the bank. Otherwise please call The Royal Bank of Scotland who may be able to help.
I am assisting my sister sell her flat in Leconfield. Does the solicitor order an EPC or do I organise this?
Following the abolition of HIPs, energy performance certificates was maintained a required part of moving property. An energy performance certificate must be to hand before the property is advertised. This is not as aspect of the sale process that lawyers ordinarily organise. Where you are instructing a Leconfield conveyancing solicitor they might be willing to arrange energy assessments given their relationships with reputable Leconfield providers
A friend pointed out to me me that in purchasing a property in Leconfield there may be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of a number of properties in Leconfield which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Leconfield should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am buying a end of terrace house in Leconfield. We would like to an extension at the rear at the house.Will the conveyancing process include checks to ascertain if these alterations are prohibited?
Your property lawyer should check the deeds as conveyancing in Leconfield will on occasion identify restrictions in the title deeds which prevent categories of alterations or need the consent of a 3rd party. Many extensions require local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
I have been told that property searches are the number one reason for obstruction in Leconfield house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Leconfield.
Am I better off to use a Leconfield conveyancing solicitor who is local to the property I am hoping to buy? I have an old university friend who can carry out the conveyancing but they are based 200miles drive away.
The primary upside of using a local Leconfield conveyancing firm is that you can pop in to sign paperwork, deliver your identification documents and pester them where appropriate. Having local Leconfield know how is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and they were content that should surpass using an unknown Leconfield conveyancing lawyer solely due to them being round the corner.