The solicitor who assisted with my last purchase has given a fee calculation of £1150 for freehold conveyancing in Montacute. I’m hoping to sell a Georgian house for £200,000. Are the quoted fees excessive? Is it in excess of the average fee for conveyancing in Montacute?
The estimate does seem a tad steep. If you shop around you might get the conveyancing a bit cheaper by perhaps £125. On the other hand, you maycome to regret opting for an an untested lawyer. If is important to enquire the firm can also act for your mortgage company. Do utilise our comparison tool to select a Montacute conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Montacute.
All was ready to complete my purchase in Montacute next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the mortgage company expect the insurance to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not limited to conveyancing in Montacute.
We are planning on selling our home in Montacute and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the purchasers used a national conveyancing practice as opposed to a conveyancing solicitor in Montacute. We have lived in Montacute for 4 years we know that this is a non issue. Do we contact our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Due to the input of my in-laws I had a survey completed on a house in Montacute prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend not issue a mortgage on such a house.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Montacute. Conveyancing will be smoother if you use a solicitor in Montacute especially if they are familiar with such properties in Montacute.
Hoping to buy a property located in Montacute and I am already nervous. I couldn't find anything specific about Montacute. Conveyancing will be needed in due course but do you know about the Montacute area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Montacute. In the meantime here are some basic statistics that we found
In my capacity as executor for the estate of my grandfather I am selling a residence in Cardiff but live in Montacute. My solicitor (based 250 kilometers awayhas requested that I sign a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Montacute to witness this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Montacute based