My previous solicitor has sent a quote for £1350 for freehold conveyancing in Blaenau Ffestiniog. I am selling a purpose built detached home for £250,000. Is this too much? Is it in excess of the average fee for conveyancing in Blaenau Ffestiniog?
The estimate does seem a tad steep. Where you are content to invest time contrasting costs you might trim some of the cost by perhaps £100 plus VAT. On the other hand, you couldcome to rue opting for an an untested conveyancer. Don't forget to be sure that the firm can act for your bank. Do use our comparison tool to get a quote a Blaenau Ffestiniog conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Blaenau Ffestiniog.
My wife and I are buying a newly built flat in Blaenau Ffestiniog and my lawyer is informing me that she is duty bound to the mortgage company to disclose incentives from the seller. The Estate Agents are hassling me to exchange and I have no desire to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I own a freehold premises in Blaenau Ffestiniog yet invoiced for rent, why is this and what is this?
It is rare for properties in Blaenau Ffestiniog and has limited impact for conveyancing in Blaenau Ffestiniog but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
I have been advised by a number of property agents in Blaenau Ffestiniog to locate a solicitor using your seach tool. Is there a financial incentive for Estate Agents to recommend your services over a competitor’s?
We refuse to give any commission for directing people in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I have been sourcing a conveyancing solicitor in Blaenau Ffestiniog for my home move. Is there any facility to review a firm’s complaints history with the profession’s regulator?
Members of the public may read documented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training purposes.