The solicitor who helped my previous purchase has given a fee estimate £1200 for fixed fee conveyancing in Benton. I am selling a purpose built house for £225,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Benton?
The costs illustration is fractionally on the high side. Where you are happy to invest time contrasting charges you might get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, you couldcome to rue opting for an an unknown conveyancer. Remember to be sure the solicitor can act for your lender. Do utilise our comparison tool to locate a Benton conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Benton.
My wife and I have just bought a house in Benton. We have noticed several issues with the house which we consider were missed in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been carried out for conveyancing in Benton?
The question is vague as to the nature of the problems and if they are relate to conveyancing in Benton. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, a seller answers a questionnaire called a SPIF. If the information turns out to be misleading, then you may have a claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Benton.
Can your site be used to recommend a Conveyancing solicitor in Benton even where I’m not buying or selling a house, for instance where I wish to buy a shop in Benton with a mortgage from Yorkshire Building Society?
Our search tool is predominantly utilised to find domestic conveyancing solicitors in Benton but we have listed at the end of this page a selection of Benton commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they are also authorised to represent Yorkshire Building Society
I require expedited conveyancing in Benton as I am faced with an ultimatum to sign on the dotted line inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at liberty not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Benton the following are instances of issues that can appear and adversely affect future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
Last August I purchased a leasehold house in Benton. Am I liable to pay service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Benton Leasehold Conveyancing - A selection of Questions you should consider before buying
For many Benton leaseholds the cost for major works are not included within maintenance charges, albeit that there some managing agents in Benton require leaseholders to pay into a sinking fund and this is used to offset against major repairs or maintenance. Is the freehold reversion owned collectively by the leaseholders? Plenty Benton leasehold flats will incur a service charge for maintenance of the building levied on behalf of the freeholder. If you purchase the flat you will have to pay this contribution, usually periodically accross the year. This may differ from a few hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all likelihood there will be a rentcharge to be met yearly, normally this is not a significant amount, say around £25-£75 but you should to check as occasionally it could be prohibitively expensive.