The solicitor who assisted with my previous purchase has sent a quote for £995 for leasehold conveyancing in Soho. I am looking to sell a Victorian property for £250,000. This seems over the top. Is it in excess of the average fee for conveyancing in Soho?
The costs illustration is fractionally on the expensive side. If you are happy to spend time contrasting quotes you could get the conveyancing a bit cheaper by perhaps £125. That being said, you mightcome to regret choosing an an untested conveyancer. If is important to ensure the solicitor can act for your lender. Do use our comparison tool to choose a Soho conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Soho.
My Soho solicitor has spotted a difference between the surveyor’s assumptions in the valuation report and what is in the conveyancing documents. My lawyer says that he is obliged to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
A relative recommended that if I am purchasing in Soho I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Soho conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Soho around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Soho Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Soho.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who handled the conveyancing in Soho 4 years ago are no longer around. What are my options?
Assuming you have a registered title the information relating to your ownership will be documented by the Land Registry with a Title Number. It is possible to conduct a search at the Land Registry, find your house and order up to date copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Soho is where the house is located. Is there any guidance you can impart?
Flying freeholds in Soho are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Soho you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Soho may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Me and myfiance and I are are looking to find an affordable conveyancing lawyer in Soho to assist me in selling my flat. I really don't want to get ripped off and there are many Soho conveyancing organisations to choose from...who do I opt for?
If you’ve not used a lawyer before, a personal recommendation from family or friends is a great place to start and is often the best barometer of quality. Alternatively, do review the client testimonials viewable on your conveyancer’s website or use our search tool to locate a conveyancing lawyer in Soho.