I was referred a lawyer who has quoted just over a thousand pound for no completion no fee conveyancing in Whitby. I’m hoping to downsize from a Edwardian property for £275,000. Is this expensive? Is it in excess of the average fee for conveyancing in Whitby?
The estimate does seem a tad overpriced. If you are willing to invest time contrasting fee on a like for like basis you may be able to decrease the fees slightly by as much as £100 plus VAT. On the other hand, you mightlive to regret opting for an an untested solicitor. Don't forget to check that the firm can represent your lender. You can use our search tool to select a Whitby conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Whitby.
We're in Whitby, First time buyers buying with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How does conveyancing in Whitby differ for newly converted properties?
Most buyers of new build residence in Whitby approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because developers in Whitby usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Whitby or who has acted in the same development.
I have been on the look out for a ground for flat up to £195,000 and identified one round the corner in Whitby I like with amenity areas and station in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in Whitby in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I'm remortgaging my existing property to a buy to let loan with TSB and intend to use the remaining equity towards another house. The location we are looking at is Whitby. Will your conveyancers be able to act for the two banks and tie in the transactions?
Do use our comparison tool on this page to check that the conveyancers are on the relevant lender panels. On the basis that they are your solicitor should be able to connect the two transactions but you should talk with you solicitor and make clear your expectations and needs.
In my capacity as executor for the will of my uncle I am selling a house in Newport but I am based in Whitby. My solicitor (who is 235 kilometers awayhas requested that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Whitby who can witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are located in Whitby