Recently been in touch with my conveyancing solicitor in Southville who completed the legal work 18 months ago and wanted a conveyancing estimate based on the same type of house move (a leasehold residence and a freehold property) of almost identical values with a loan from Barclays Direct. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper online conveyancer?
The estimate fees are a bit high. If you are content to spend time contrasting costs you could decrease the fees slightly by perhaps a hundred pounds. That being said, if you were happy with the assistance the firm offered you mightlive to regret opting for an an unknown lawyer. Don't forget to ensure the firm can also act for Barclays Direct. Do make use of our search tool to find a Southville conveyancing firm on the Barclays Direct conveyancing panel, which can often include conveyancing solicitors in Southville.
Can the conveyancing practitioners identified through your search tool carry out auction conveyancing in Southville?
We know of a few niche lawyers we can put you in touch with those who can conduct auction conveyancing. Southville is one of hundreds of locations in which our lawyers cover.
I am looking to buy a property and require a conveyancing solicitor in Southville who is on the Bank of Scotland approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as Southville. We dont recommend any particular firm.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Southville?
There are two types of lawyers who can perform conveyancing in Southville namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the sale or purchase of property. They are both obliged to perform Southville conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the requisite procedures should be suitably taken.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Southville lawyer on the Nationwide panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
It is not clear whether my lender requires a lease extension. I have telephoned my Southville building society branch on various occasions and was reassured it wasn't an issue and they would lend. My Southville conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
Your lawyer has to follow the CML Handbook section two specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am using a search engine for the phrase on line conveyancing in Southville it reveals numerous property lawyersin the vicinity. How do I determine which is the right property lawyer for purchase transaction?
The best way of choosing the right conveyancer is via personal testimonial, so seek the counsel of colleagues and relatives who have purchased a property in Southville or a respected estate agent or mortgage broker. Fees for conveyancing in Southville differ, so it's a good idea to secure a minimum of four costs illustrations from varying types of companies. Dont forget to clarify that the fees are fixed.
I have just started marketing my 2 bed flat in Southville. Conveyancing solicitors are to be appointed soon, however I have recently received a yearly maintenance charge invoice – what should I do?
The sensible thing to do is clear the invoice as you normally would as all rents and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a 2 bed flat in Southville, conveyancing formalities finalised in 2007. Can you work out an approximate cost of a lease extension? Corresponding properties in Southville with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 2088
With 62 years remaining on your lease we estimate the price of your lease extension to span between £17,100 and £19,800 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.