I was recommended to a solicitor who has sent a quote for £1700 for leasehold conveyancing in Norris Green. I am selling a Georgian property for £150,000. Is this expensive? Is it above what I should be paying for conveyancing in Norris Green?
The estimate does seem a tad overpriced. Where you are willing to expend time scrutinising fee on a like for like basis you might get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you maylive to rue choosing an a cheaper lawyer. If is important to enquire that the solicitor can act for your mortgage company. Do utilise our comparison tool to locate a Norris Green conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Norris Green.
We were just about to exchange contracts for a ground floor flat in Norris Green. We have hit a stumbling block. Our mortgage offer with Bank of Ireland runs out on 1/7/2024 but the vendors are insisting on a completion date of 3/7/2024. Is it possible to extend the loan expiry date?
The person best placed to address this question is your lawyer who is in a position to determine whether he or she is corresponding with the mortgage broker, vendor’s solicitors, selling agents or conceivably all three taking into account the circumstances your transaction as of today.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Norris Green. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/5/2024, the requirements read as follows :
Are there restrictive covenants that are commonly identified as part of conveyancing in Norris Green?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Norris Green. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Should I be wary about brokers that I am dealing with are suggesting a factory type conveyancing firm rather than a High Street Norris Green conveyancing firm?
As is the case with many service providers, often suggestions from family and friends can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing deal; estate agents, financial adviser and lenders may put forward conveyancers to instruct. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there is an underlying financial incentive behind the recommendation. You are at liberty to select your own conveyancer. Don't forget that many mortgage providers operate an approved list of conveyancers you must use for the mortgage aspect of your house move.