I was recommended to a conveyancer who has quoted £1150 for fixed fee conveyancing in Cullercoats. I am hoping to sell a Victorian property for £150,000. Is this overpriced? Is it above what I should be paying for conveyancing in Cullercoats?
The estimate does seem marginally overpriced. Where you are prepared to spend time scrutinising costs you might get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, you mightcome to rue choosing an an unknown lawyer. Remember to check the conveyancer can also act for your lender. You can use our search tool to find a Cullercoats conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Cullercoats.
I decided to have a survey carried out on a property in Cullercoats ahead of instructing lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks may refuse to grant a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Cullercoats. Conveyancing may be slightly more expensive based on your lender's requirements.
I was advised by a number of selling agents in Cullercoats to choose a solicitor using your seach tool. What’s the financial incentive for Estate Agents to market your site ahead of a competitor’s?
We refuse to offer any commission for directing people our way. 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 getting any benefit too?’ So we decided to step away from that.
I am in need of some leasehold conveyancing in Cullercoats. Before I get started I want to be sure as to the unexpired term of the lease.
Assuming the lease is registered - and most are in Cullercoats - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Cullercoats - Sample of Questions you should consider before Purchasing
Its a good idea to discover as much as possible concerning the company managing the block as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to day to day issues like the upkeep of the common parts. Ask other people what they think of them. On a final note, find out the dates that the maintenance charges are due to the relevant party and specifically what it includes. Is anyone aware of any major works on the horizon that will add a premium to the maintenance charges? How much is the yearly maintenance fee and ground rent?
I see that you have a post code search directory listing law firms on the bank conveyancing panel. Do Cullercoats conveyancing firms pay you a commission if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Cullercoats.