I was recommended to a solicitor who has given a fee calculation of £1150 for no sale no fee conveyancing in Teddington. I am looking to sell a purpose built house for £300,000. Is this over the top? Is it above what I should be paying for conveyancing in Teddington?
The charges are a tad high. If you are prepared to expend time contrasting costs you may be able to reduce the fees slightly by say a hundred pounds. On the other hand, you mightlive to rue opting for an an untested lawyer. Remember to enquire that the firm can represent your mortgage company. You can make use of our comparison tool to choose a Teddington conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Teddington.
Do lawyers request money up-front when it comes to conveyancing in Teddington?
If you are buying a property in Teddington your solicitor will request that you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the sale price then this should be needed shortly before exchange of contracts. The closing balance that is due should be transferred a few days prior to the completion date.
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Teddington for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Teddington conveyancing specialists.
I'm buying a new build house in Teddington with a mortgage from TSB. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not reveal to my lawyer about the side-deal as it may jeopardize my mortgage with TSB. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Teddington before retaining conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some banks tend not issue a loan on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Teddington. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a sole trader wishing to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering no-move-no charges for non-domestic conveyancing in Teddington for below £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Teddington, including the disposal and purchase of businesses as well as simply premises. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. As for the costs this will depend on the structure and nuances of the proposed transaction. Let us have your details or telephone so as to enable us to provide you with a detailed commercial conveyancing calculation.