I was recommended to a solicitor who has sent a quote for £995 for fixed fee conveyancing in Penarth. I’m selling a Georgian house for £250,000. This sounds overpriced. Is it in excess of the norm for conveyancing in Penarth?
The estimate does seem marginally steep. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you couldcome to regret opting for an an unknown solicitor. Remember to enquire that the firm can also act for your mortgage company. Do employ our search tool to choose a Penarth conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Penarth.
Are the Penarth conveyancing solicitors identified as being on the Clydesdale conveyancing panel, together with their details provided by Clydesdale?
Penarth conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
I used Action Conveyancing several years ago for my conveyancing in Penarth. Now, I need my files however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Penarth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Penarth differ for newly converted properties?
Most buyers of new build premises in Penarth come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because house builders in Penarth typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Penarth or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Penarth prior to retaining lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some lenders will refuse to give a loan on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Penarth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Penarth to see if the conveyancing costs will increase in light of this.
Is it best to use a Penarth conveyancing practitioner based in the area that I am purchasing? I have an old university friend who can deal with the legal formalities but they are based a couple of hundredkilometers drive away.
The benefit of a local Penarth conveyancing firm is that you can drop in to execute paperwork, hand in your ID and pester them where appropriate. They will also have local intelligence which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and in the main were impressed that must trump using an unknown Penarth conveyancing lawyer solely due to them being based in the area.