I was referred a conveyancer who has quoted just over a thousand pound for fixed fee conveyancing in Summertown. I’m hoping to sell a Georgian detached home for £275,000. Is this expensive? Is it above the norm for conveyancing in Summertown?
The charges are a little high. If you shop around you may be able to decrease the fees marginally by as much as £125. That being said, you couldcome to rue opting for an an unknown solicitor. If is important to ensure that the solicitor can also act for your mortgage company. Do utilise our search tool to choose a Summertown conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Summertown.
My Solicitor in Summertown has never been on on the Bank of Ireland Solicitor Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the Bank of Ireland panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your preferred Summertown solicitors but Bank of Ireland will need to use a lawyer on their panel. This will inevitably rack up the total legal charges and result in frustration.
- Find a new practitioner to act in the purchase, obviously checking they are on the Bank of Ireland panel
What is the difference between a licensed conveyancer and conveyancing solicitor in Summertown
There are two types of lawyers who can carry out conveyancing in Summertown namely licenced conveyancers or solicitors. The two can administer the legal services that required to complete the sale or acquisition of property. They are both duty bound to execute Summertown conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that all requisite procedures will be suitably adhered to.
I am buying a terrace house in Summertown. The intention is to carry out a loft conversion at the house.Will the conveyancing process involve checks to ascertain if these works are allowed?
Your property lawyer should review the deeds as conveyancing in Summertown can sometimes reveal restrictions in the title deeds which prohibit certain changes or require the permission of a 3rd party. Many additions call for local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
Kent Reliance have agreed my home loan in principle, my offer on a property in Summertown has been agreed to, now what?
The property agent will need to know who your solicitors are (be sure the property lawyers are on the bank’s approved list). Call up Kent Reliance or your financial adviser and complete any relevant paperwork. Kent Reliance will sellect a valuer who will get in contact with the selling agent or vendor to schedule a slot for the valuation to occur. Once carried out (assuming no problems) it takes on average a fortnight to get a mortgage offer. Kent Reliance will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Summertown.
My wife and I own a renovated Edwardian house in Summertown. Conveyancing solicitor acted for me and Barclays Direct. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Summertown and other locations in 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 buyers. You can also check the position with the conveyancing practitioner who carried out the work.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Summertown is where the house is located. What do you suggest?
Flying freeholds in Summertown are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Summertown you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Summertown may ascertain 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.
Am I best advised to go with a Summertown conveyancing lawyer in close proximity to the house I am purchasing? We have a good friend who can conduct the legal work however they are based over three hundred miles away.
The benefit of a high street Summertown conveyancing firm is that you can visit the firm to execute paperwork, hand in your identification documents and pester them if necessary. They will also have local insight which is a plus. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and in the main were impressed that should trump using an unknown Summertown conveyancing lawyer just because they are round the corner.