I was recommended to a lawyer who has sent a quote for £1350 for leasehold conveyancing in Stourbridge. I’m looking to sell a modern property for £200,000. Is this overpriced? Is it in excess of the average fee for conveyancing in Stourbridge?
The estimate does seem marginally steep. If you are prepared to invest time scrutinising charges you may be able to reduce the fees marginally by perhaps £125. That being said, you mightlive to rue opting for an a cheaper conveyancer. If is important to check the solicitor can also act for your bank. You can employ our search tool to get a quote a Stourbridge conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Stourbridge.
My partner and I are acquiring a new build flat in Stourbridge and my conveyancer is advising me that she is duty bound to the bank to disclose incentives from the developer. I am under pressure to exchange and I would rather not delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have been recommended a conveyancing solicitor in Stourbridge. I I am struggling to find out whether they are on the National Westminster Bank conveyancing panel. Can you advise?
The first thing to do is phone the lawyer and enquire whether they can act for the bank. Otherwise you should get in touch with National Westminster Bank who may be able to assist.
When it comes to lenders such as Bank of Ireland, do Stourbridge conveyancing practitioners incur a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We had selected conveyancing lawyers locally in Stourbridge on the Santander solicitor panel. They are now charging me a supplemental charge for dealing with the Santander mortgage. Is this an additional conveyancing fee set by Santander?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor is entitled to charge a fee for this. The fee is not dictated by Santander but by your Stourbridge property lawyer. Numerous firms on the Santander panel will charge an ‘acting for lender’ fee and others do not.
Bank of Ireland have agreed my mortgage in principle, my bid on a apartment in Stourbridge has been accepted, what are the next steps?
The estate agent will want to be informed of your property lawyer's details (ensure that the conveyancers are on the bank’s approved list). Telephone Bank of Ireland or your broker and finish off any outstanding forms. Bank of Ireland will sellect a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes on average a week to get a mortgage offer. Bank of Ireland will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Stourbridge.
How difficult is it to switch conveyancer as I need to choose one who is on the Virgin Money conveyancing list. I hired a high street conveyancing solicitor in Stourbridge five minutes from me but the firm is not approved by Virgin Money
We will our best to assist in finding you a conveyancing solicitor in Stourbridge on the Virgin Money panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Stourbridge. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Stourbridge.
I am thinking of appointing a conveyancing solicitor in Stourbridge for my home move. Can I review a solicitor's record with the legal regulator?
Members of the public can see presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA could monitor call for training reasons.