The lawyer who assisted with my former purchase has sent a quote for £1350 for fixed fee conveyancing in Bolton. I am hoping to downsize from a newly refurbished detached home for £175,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in Bolton?
The charges are a tad high. If you shop around you might get the conveyancing a bit cheaper by as much as £100 plus VAT. On the other hand, you mightcome to rue opting for an an untested lawyer. If is important to enquire that the solicitor can also act for your mortgage company. Do make use of our search tool to locate a Bolton conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Bolton.
I purchased a freehold house in Bolton but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Bolton and has limited impact for conveyancing in Bolton 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 have existed for 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 post 2037 will be dispensed with completely.
I am considering applying for a UBS mortgage for purchase of a newly converted (under development) in Bolton with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for UBS ?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
My wife and I are buying a apartment in Bolton. It might be a silly question but how we can trust a lawyer? At some point we have to put our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are due to move house in November. Does my conveyancing solicitor communicate with the removal company on the completion day. On a separate note, can you suggest a removal company in Bolton. Conveyancing lawyer was found before I stumbled across your website.
On the afternoon of completion you can collect the keys from your selling agent however this can only happen once the previous owners conveyancers advise the agent that they have the completion monies and the keys can be passed over. You will need to advise the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can help you find a residential property solicitor in Bolton or a solicitor that specialises in conveyancing in Bolton.
Is it the case that all Bolton solicitor firms on the Clydesdale conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Clydesdale conveyancing panel they would need to be overseen by the SRA. Many mortgage companies do allow licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
What does commercial conveyancing in Bolton cover?
Commercial conveyancing in Bolton incorporates a broad range of guidance, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.