My previous solicitor has sent a quote for £1350 for no sale no fee conveyancing in Stoke Bishop. I am hoping to sell a newly refurbished detached home for £150,000. This appears overpriced. Is it above what I should be paying for conveyancing in Stoke Bishop?
The estimate does seem marginally steep. If you are prepared to spend time contrasting fee on a like for like basis you might get the conveyancing a bit cheaper by perhaps £125. On the other hand, you mightlive to regret opting for an an untested conveyancer. Don't forget to check that the firm can act for your bank. You can utilise our comparison tool to locate a Stoke Bishop conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Stoke Bishop.
I am planning on selling our home in Stoke Bishop and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A high street Stoke Bishop conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a nationwide conveyancing practice as opposed to a conveyancing solicitor in Stoke Bishop. Having lived in Stoke Bishop for 5 years we know that this is a non issue. Do we contact our local Authority to get confirmation need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
How does conveyancing in Stoke Bishop differ for new build properties?
Most buyers of new build or newly converted property in Stoke Bishop contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because builders in Stoke Bishop tend to 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 conveyancers 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 Stoke Bishop or who has acted in the same development.
I am looking for a leasehold apartment up to £305k and found one round the corner in Stoke Bishop I like with open areas and station in the vicinity, however it only has 51 years unexpired on the lease. There is not much else in Stoke Bishop in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I'm remortgaging my primary home to a buy to let loan with Birmingham Midshires and intend to use the remaining equity as a down payment on a second property. The neighborhood we are interested in is Stoke Bishop. Will your lawyers be able to act for the two mortgage companies and link together the two deals?
Do use our search tool on this site to be sure that the lawyers are on the relevant lender panels. On the basis that they are the solicitor should be able to connect the two conveyancing matters but you should have a chat with you lawyer and communicate your desired outcome and needs.
I need to switch lawyers as my Stoke Bishop lawyer is not on the bank's panel of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet appointed a conveyancer to do anything for you and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Stoke Bishop that you're considering.