The solicitor who assisted with my last purchase has quoted £1700 for no sale no fee conveyancing in Portslade. I am selling a Edwardian property for £250,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Portslade?
The estimate does seem a tad steep. If you shop around you could get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you mightlive to regret opting for an an untested conveyancer. If is important to ensure the solicitor can also act for your mortgage company. Do use our search tool to find a Portslade conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Portslade.
At what point does exchange of contracts occur in residential conveyancing in Portslade and am I required to be at the lawyers office?
Where you are round the corner to one of the conveyancing solicitors in Portslade you are invited in to sign the paperwork. That being said, the law practices we recommend provide countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when communicating with you digitally. The signing of the property agreement is not the point of no return. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Portslade)to be in the office at the appropriate time.
I require expedited conveyancing in Portslade as I am faced with a deadline to sign on the dotted line in less than 3 weeks. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to have searches conducted although no law firm would advise that you don't. With lots of history conveyancing in Portslade the following are examples of what can appear and adversely affect future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
I have todaybecome aware that Arc property Solicitors have been shut down. They carried out my conveyancing in Portslade for a purchase of a freehold house 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Portslade conveyancing specialists.
I am purchasing my first flat in Portslade benefiting from help to buy. The sellers refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not reveal to my lawyer about the deal as it will impact my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Am I right to be wary by estate agents that I am dealing with are suggesting a national conveyancing firm rather than a local Portslade conveyancing company?
As is the case with many service providers, often suggestions from family and friends can be extremely useful or valuable. But there are numerous people with a vested interest in a conveyancing deal; estate agents, financial adviser and lenders may put forward solicitors to instruct. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but sometimes there is an underlying financial incentive behind the recommendation. You have the discretion to choose your preferred conveyancer. You need to be aware that the majority of mortgage providers operate an approved list of solicitors you must use for the lender related work in your transaction.