I was referred a lawyer who has sent a quote for £1150 for leasehold conveyancing in Norfolk. I’m looking to sell a Georgian property for £150,000. Is this too much? Is it in excess of the average fee for conveyancing in Norfolk?
The quote is slightly on the steep side. If you shop around you could decrease the fees slightly by say £125. On the other hand, you maycome to rue opting for an a cheaper solicitor. Remember to ensure the firm can represent your bank. You can employ our search tool to find a Norfolk conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Norfolk.
The Norfolk conveyancing firm handling our Norfolk conveyancing has spotted a discrepancy between the information in the valuation survey and what is in the conveyancing documents. My lawyer has advised that he is obliged to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance right?
Your solicitor must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Will conveyancers request an advanced payment for conveyancing in Norfolk?
If you are buying a property in Norfolk your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the purchase price then this should be asked for shortly ahead of contracts are exchanged. Any further balance that is due will be payable shortly before completion.
I am buying a garden flat in Norfolk. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Norfolk you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Norfolk.
A colleague advised me that if I am purchasing in Norfolk I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Norfolk conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Norfolk around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Norfolk Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Norfolk Education with plans and statistics, Local Amenities and other useful data about Norfolk.
Can I determine who owns a house in Norfolk?
As long as the premises is registered with HMLR, and you have requisite information of the address of the property, you will be able to see details from the HM Land Registry of the registered owner for a a minimal charge.