Our family lawyer has sent a quote for £1400 for freehold conveyancing in Sandy. I am hoping to sell a newly refurbished detached home for £125,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Sandy?
The estimate does seem a tad overpriced. Where you are happy to spend time contrasting quotes you might reduce the fees slightly by perhaps £100 plus VAT. That being said, you maycome to regret choosing an an unknown conveyancer. Remember to enquire that the solicitor can also act for your lender. Do use our search tool to get a quote a Sandy conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Sandy.
Completed the sale of my flat in Sandy last April yet the purchaser is telephoning every few hours complaining that his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your disposal your conveyancer is committed to deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor should also send confirmation that the mortgage has been discharged to the purchasers solicitors. There is unlikely to be post completion formalities just for conveyancing in Sandy.
Me and my brother purchased a terraced Victorian house in Sandy. Conveyancing solicitor acted for me and Barclays . I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sandy and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing lawyer who carried out the work.
How does conveyancing in Sandy differ for newly converted properties?
Most buyers of new build property in Sandy come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is constructed. This is because builders in Sandy usually purchase the real estate, 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 conveyancing solicitors 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 Sandy or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in Sandy ahead of retaining solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some banks will refuse to issue a mortgage on this type of home.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sandy. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Sandy. I happened to stumble upon a site which seems to have the ideal answer If it is possible to get all formalities completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
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?