I was recommended to a conveyancer who has given a fee estimate £1200 for fixed fee conveyancing in Biddenham. I’m looking to sell a modern property for £275,000. Are these conveyancing fees excessive? Is it in excess of the average fee for conveyancing in Biddenham?
The costs illustration is slightly on the high side. If you shop around you might shave off some of the expense by perhaps £100 plus VAT. That being said, you mightlive to rue opting for an a cheaper lawyer. If is important to be sure the firm can act for your bank. You can employ our comparison tool to find a Biddenham conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Biddenham.
The Biddenham conveyancing lawyers that just started acting on my house acquisition in Biddenham have suddenly shut down. I chose them because I had to have a lawyer on the Clydesdale conveyancing panel and my family Biddenham lawyer was not. I paid them funds in advance. What are my options?
If you have an estate agent involved then inform them straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
I am helping my mother sell her house in Biddenham. Will the conveyancer arrange an EPC or should I organise this?
Following the abolition of HIPs, energy assessments was kept a required element of selling a house. An EPC needs to be to hand prior to the property being marketed. It is not a task that law firms normally arrange. If you are using a Biddenham conveyancing solicitor they may be willing to arrange energy assessments given their relationships with reputable Biddenham energy assessors
We are purchasing a 4 bedroom semi-detached house in Biddenham. The intention is to carry out an extension to the side at the house.Will the conveyancing process include checks to ascertain if these works are prohibited?
Your solicitor will review the deeds as conveyancing in Biddenham will on occasion reveal restrictions in the title deeds which restrict certain alterations or require the consent of another owner. Some works call for local authority planning consent and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these issues with a surveyor prior to committing yourself to a purchase.
I was told three weeks ago that my mortgage has been agreed to by Nationwide. Is it usual for Nationwide to only issue the offer once my solicitor in Biddenham is approved on their conveyancing panel? Nationwide have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been on the look out for a ground for flat up to £305k and identified one near me in Biddenham I like with open areas and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Biddenham suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Is it simple use the search facility to locate a conveyancing lawyer in Biddenham on the approved list for my mortgage?
First pick a mortgage company such as Birmingham Midshires, Coventry Building Society or Platform Home Loans Ltd then type in your location e.g. Biddenham. Conveyancing organisations in Biddenham and further afield will then be shown.