The conveyancer who helped my last purchase has given a fee estimate £1200 for freehold conveyancing in North Baddesley. I am looking to sell a Victorian detached home for £200,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in North Baddesley?
The charges are a bit high. If you are prepared to invest time scrutinising fee on a like for like basis you could get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you maycome to rue choosing an an untested solicitor. If is important to ensure the conveyancer can also act for your mortgage company. Do use our search tool to find a North Baddesley conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in North Baddesley.
What happens if my solicitor is suspended from the Skipton Solicitor panel ahead of completing my conveyancing in North Baddesley?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
My wife and I buying a end of terrace house in North Baddesley. Our aim is to carry out an extension to the side at the property.Will legal investigations on the property include checks to see if these works are allowed?
Your property lawyer will review the registered title as conveyancing in North Baddesley will on occasion reveal restrictions in the title documents which prohibit certain alterations or require the consent of another owner. Certain extensions call for local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these issues with a surveyor before you commit yourself to a purchase.
My husband and I have arranged a further advance on our home loan from Virgin Money as we intend to carry out renovations to our house in North Baddesley. Are we obliged to choose a local North Baddesley solicitor on the Virgin Money conveyancing panel to deal with the paperwork?
Virgin Money do not ordinarily instruct a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money list.
We have agreed to purchase a house in North Baddesley. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Leeds Building Society be concerned?
As you are obtaining a mortgage with Leeds Building Society your lawyer must check the formal requirements contained in Part two of UK Finance Lenders’ Handbook for Leeds Building Society. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and lawyers are required to report to Leeds Building Society where a lease does not meet these requirements. The specifications relate to the installation of panels on properties countrywide and is not isolated to North Baddesley.
My wife and I are downsizing from our house in North Baddesley and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street North Baddesley lawyer would know that there is no such problem. It does beg the question why the purchasers are using a factory type conveyancing firm as opposed to a conveyancing solicitor in North Baddesley. Having lived in North Baddesley for 5 years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor already. What do they say? You should 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)
Are there restrictive covenants that are commonly picked up during conveyancing in North Baddesley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in North Baddesley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I need to retain a conveyancing solicitor for leasehold conveyancing in North Baddesley. I've stumble across a site which looks to be the perfect solution If there is a chance to get all the legals completed via phone that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?