I was referred a solicitor who has sent a quote for £995 for no sale no fee conveyancing in West Drayton. I am hoping to downsize from a modern detached home for £300,000. Are these conveyancing fees excessive? Is it above the average fee for conveyancing in West Drayton?
The charges are a little high. Where you are prepared to spend time contrasting quotes you could decrease the fees marginally by perhaps £100 plus VAT. On the other hand, you mightcome to rue choosing an an untested lawyer. Don't forget to be sure the conveyancer can also act for your bank. Do use our search tool to select a West Drayton conveyancing company on the lender’s member panel which can often include conveyancing solicitors in West Drayton.
Having sold my house in West Drayton last October but my buyer keeps e-mailing every few hours to say her solicitor needs to hear from mysolicitor. What should have happened now that I have sold?
After completion of your house sale your conveyancer is committed to deliver the transfer documentation and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion procedures unique to conveyancing in West Drayton.
We are planning to buy with Norwich and Peterborough Building Society. I popped in a few local companies yet cant to find a West Drayton conveyancing firm on the Norwich and Peterborough Building Society approved list. Please you assist?
Feel free to take advantage of the find a lender approved solicitor tool on this site. Please choose the lender and type West Drayton or your location and you will discover a number of lawyer based in West Drayton or near you.
My solicitor has informed me that lack of building regulations insurance is required on my purchase. What is the typical level of cover needed for conveyancing in West Drayton?
The right level of lack of building regulations indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
I currently have a mortgage with TSB for my property in West Drayton. Conveyancing has been completed some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform TSB?
TSB must be informed of your intention in advance of letting out your property as this is likely to be a breach of TSB’s mortgage conditions. It may be that TSB will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact TSB directly. It should not be necessary to do this via a TSB conveyancing panel solicitor.
Skipton have agreed my home loan in principle, my bid on a house in West Drayton has been agreed to, what happens next?
The property agent will want to be informed of your conveyancing practitioner's details (ensure that the conveyancing practitioners are on the bank’s panel). Call up Skipton or your broker and complete any appropriate documentation. Skipton will appoint a valuer who will get in touch with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Skipton will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in West Drayton.
I am 14 days into a leasehold purchase having been recommend to solicitors by the estate agent to carry out the conveyancing in West Drayton. I am am extremely frustrated with the quality of service. Can you help me find new solicitors?
A conveyancer would need to be very poor in order to consider diss instructing them. Has the loan offer been issued? In the event that it has you need to advise them of the replacement conveyancer and ensure the loan are issued to the new lawyers. Your new solicitor ideally needs to be on the lenders approved list to avoid escalating expenses and delays. So that should be your first question of the new solicitors. Our search tool will assist you in finding a lender approved conveyancer for your conveyancing in West Drayton
As a leasehold owner I am on the hook for a service charge for my first floor flat in West Drayton. Due to redundancy and personal issues I slipped into arrears with remittance. I negotiated a settlement schedule but there is still three thousand pounds remaining to be paid.
I now wish to dispose of the property and I am concerned this will threaten to derail the sale if I have to discharge the amount due first. Do I have to settle before - is this practicable?
Do check with the property lawyer conducting your West Drayton conveyancing but one option might be to arrange for the arrears to be transferred to the buyers. The sale price due would be adjusted to reflect the amount of debt they take on. They would then discharge the fees after completion of the purchase.