I was recommended to a solicitor who has given a fee calculation of £1350 for no sale no fee conveyancing in Bilston. I am selling a purpose built detached home for £225,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Bilston?
The quote is fractionally on the steep side. If you shop around you might trim some of the cost by perhaps £125. On the other hand, you maylive to rue opting for an an untested solicitor. Remember to check that the firm can represent your lender. Do make use of our comparison tool to find a Bilston conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Bilston.
Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial premises in Bilston?
Many commercial conveyancing solicitors in Bilston will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Bilston. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bilston.
For each commercial conveyancing transaction in Bilston it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Bilston commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Bilston.
I have been advised by a number of selling agents in Bilston to choose a solicitor on your site. Is there a financial inducement for Estate Agents to promote your services over and above a competitor’s?
We refuse to make any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
All being well we will complete the disposal of our £150,000 apartment in Bilston next week. The managing agents has quoted £408 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Bilston?
For most leasehold sales in Bilston conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-contract enquiries
Where consent is required before sale in Bilston
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the registered owner of a 1 bedroom flat in Bilston, conveyancing was carried out in 1995. How much will my lease extension cost? Similar flats in Bilston with an extended lease are worth £175,000. The ground rent is £65 charged once a year. The lease ends on 21st October 2083
With only 58 years remaining on your lease we estimate the premium for your lease extension to range between £23,800 and £27,400 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
My wife and I have recently appointed a conveyancing solicitor in Bilston. I need to find out if they are on the lender's conveyancing panel. Can you help?
You should phone the solicitor to check if they are on the bank's approved list. Alternatively please get in touch with us and we can investigate and revert. Should the firm not be on the conveyancing panel we can certainly arrange a reputable conveyancing solicitor in Bilston on the approved list for your mortgage company.