My previous solicitor has quoted £1700 for no sale no fee conveyancing in Warwick. I’m hoping to downsize from a purpose built house for £200,000. Is this expensive? Is it above the average fee for conveyancing in Warwick?
The estimate does seem marginally steep. Where you are happy to expend time scrutinising charges you could reduce the fees marginally by perhaps £125. On the other hand, you maylive to rue opting for an an untested conveyancer. If is important to be sure that the firm can represent your mortgage company. You can use our search tool to choose a Warwick conveyancing practice on the banks member panel which can often include conveyancing solicitors in Warwick.
My grandmother passed away last year and as sole heir and executor I was left the property in Warwick. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then Yorkshire BS will insist on your using a conveyancer on the Yorkshire BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Yorkshire BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Yorkshire BS mortgage is registered as a charge at the Land Registry.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Warwick I like with open areas and transport links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Warwick for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
Are there any apps to assist me to locate a Warwick solicitor on the HSBC Bank conveyancing panel? I am a keen cyclist and am willing to travel upto 20kilometers to meet the lawyer.
You can use the search on this page. Please choose the lender and your location and you will see a number of Warwick conveyancing lawyers located nearest you. We have listed some Warwick conveyancing firms at the bottom of this page and you can call them to check whether they are on the HSBC Bank panel
We are one month into a leasehold purchase having been recommend to solicitors by the selling agent to do our conveyancing in Warwick. I am am starting to be frustrated with the quality of service. Could you help me find new solicitors?
A solicitor would have to be really poor to suggest changing them. Has your mortgage offer been issued? In the event that it has you will need to make them aware of the replacement conveyancer and get the loan are re-issued. Your new conveyancer needs to be on the lenders approved list to avoid escalating expenses and complications. That should be your starting point. Our find a solicitor tool can assist you in finding a lender approved conveyancer for your conveyancing in Warwick
Developers have put forward a conveyancer and I've received a quote from them. It's nearly £300 less expensive than my local Warwick solicitor. What's the catch?
Builders frequently have panels of solicitors who are quick and who know the builder's contract and conveyancing practitioner. Plenty of developers offer an inducement to choose their approved lawyer for this reason, any increased cost can be avoided and a builder won't put forward a conveyancing factory and run the risk of having the conveyancing stall when they want exchange within a tight deadline. A counter-argument for not agreeing to use the recommended conveyancing practitioner is that they may prove reluctant to fight for your interests at the risk of upsetting the sellers. If you worry that this may be the situation you should keep with your high street Warwick conveyancer.