We went with a local solicitor for our conveyancing in Nafferton last week. Upon checking the small print it is apparent thatwe are responsible for fees even if the sale aborts. Should I ditch them and use a web based firm offering no completion no cost conveyancing in Nafferton?
It is usually ‘give and take’ in that if "No Sale No Fee" is available then the fee levels will generally be more expensive to offset those cases that do not go ahead. Also remember that such arrangements generally do not protect you from disbursements for instance Nafferton conveyancing search expenses.
Should lawyers ask for money up-front for my conveyancing in Nafferton?
If you are buying a property in Nafferton your lawyer will ask you to provide them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the total price then this will be asked for shortly in advance of exchange of contracts. The final balance that is needed will be payable shortly before completion.
My property lawyer in Nafferton is not on the Coventry Building Society Solicitor Panel. Can I still use my family solicitor even though they are not on the Coventry Building Society approved list?
Your options are as follows:
- Complete the purchase with your existing Nafferton lawyers but Coventry Building Society will need to use a conveyancer on their panel. This will inevitably rack up the total conveyancing fees and cause frustration.
- Find an alternative solicitor to to deal with the conveyancing, remembering to check they are on the Coventry Building Society panel
I decided to have a survey carried out on a property in Nafferton prior to instructing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks tend not give a loan on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nafferton. Conveyancing will be smoother if you use a solicitor in Nafferton especially if they are familiar with such properties in Nafferton.
I have been pointed in your direction by a few property agents in Nafferton to select a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to recommend your site ahead of a competitor’s?
We don’t offer any commission for directing people to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
We're FTB’s - agreed a price, yet the property agent advised that the seller will only move forward if we use the agent's recommended solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer with experience of conveyancing in Nafferton
We suspect that the seller is not behind this requirement. Should the seller desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and make the point that (a)you are serious purchasers (b)you are ready to progress, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your preferred Nafferton conveyancing lawyers - not the ones that will give the estate agent a commission or meet his conveyancing thresholds pre-set by head office.