Just been in touch with my conveyancing lawyer in Salisbury who completed the legal work two years ago asking for a conveyancing estimate based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a mortgage from Lloyds TSB Bank. I am now being charged twice the amount. Should I hunt for a cheaper online firm of conveyancing solicitor?
The estimate does seem a tad overpriced. Where you are content to invest time scrutinising quotes you may be able to reduce the fees marginally by perhaps £100 plus VAT. That being said, providing that you were satisfied with the legal work the firm provided you mightlive to regret opting for an a cheaper conveyancer. Remember to enquire the solicitor can also act for Lloyds TSB Bank. Do utilise our search tool to locate a Salisbury conveyancing firm on the Lloyds TSB Bank approved list of lawyers, which can often include conveyancing solicitors in Salisbury.
Do I need to pop into the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Salisbury so that I can pop in to their offices when needed.
As opposed to twenty years ago, the vast majority lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to hand over ID documents and there are still manifest benefits to instructing a local ayer, in your case a conveyancing solicitor in Salisbury.
Can I be sure that the Salisbury conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Salisbury obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer carrying out your transaction.
I am currently in the process of buying my council flat in Salisbury. I have a mortgage offer with Principality. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
My sealed bid on a detached house in Salisbury has been accepted, the vendors do nevertheless have a connected purchase. The sellers have placed an offer on a flat, but it’s not been accepted yet, and have viewings of other flats in the pipeline. I have instructed a high street conveyancing solicitor in Salisbury. What should be my next step? When should I get the mortgage application with Skipton started?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx £1k, then survey, Salisbury conveyancing search fees, etc). The first thing to do is ensure that your conveyancer is on the Skipton conveyancing panel. Regarding the next steps this very much dictated by the specifics of your transaction, desire for the property and on the state of the market. In a rising market some home buyers would apply for the mortgage with Skipton and pay for the valuation and only if it was satisfactory would they request their conveyancing practitioner to proceed with the conveyancing in Salisbury.
What makes your site different to other web based conveyancing solicitors when it comes to conveyancing in Salisbury?
At this site get an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Salisbury. As opposed to estate agents and brokerage sites we do not charge firms a fee if you choose them for your conveyancing in Salisbury
Is it best to use a Salisbury conveyancing solicitor based in the location that I am hoping to buy? I have an old university friend who can handle the legal formalities however her office is a couple of hundredkilometers drive away.
The benefit of a high street Salisbury conveyancing firm is that you can visit the firm to execute paperwork, present your ID and pester them if necessary. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were content that should surpass using an unfamiliar Salisbury conveyancing lawyer solely due to them being local.
Back In 2003, I bought a leasehold house in Salisbury. Conveyancing and Platform Home Loans Ltd mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Salisbury who previously acted has now retired. Any advice?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Salisbury conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a leasehold flat in Salisbury, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Salisbury with an extended lease are worth £197,000. The ground rent is £55 yearly. The lease ends on 21st October 2078
With 54 years left to run we estimate the premium for your lease extension to span between £32,300 and £37,400 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.