The solicitor who dealt with my last purchase has sent a quote for £995 for freehold conveyancing in Dagenham. I’m selling a newly refurbished house for £175,000. This seems over the top. Is it in excess of what I should be paying for conveyancing in Dagenham?
The charges are a tad high. If you shop around you could shave off some of the cost by as much as a hundred pounds. That being said, you mightlive to regret choosing an an untested conveyancer. If is important to ensure that the conveyancer can also act for your mortgage company. You can utilise our comparison tool to find a Dagenham conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Dagenham.
AssumingI were to buy a freehold homein Dagenham for cash and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Dagenham?
The sole saving you would achieve is the costs for searches. The conveyancer is obliged to do the vast majority of work - money laundering, communicating with the sellers conveyancing practitioner, SDLT return, register the title etc. You might save a bit for them not having to register a charge but it won't be significant.
We're in Dagenham, First time buyers buying with a mortgage (lender is UBS , and our lawyer is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a property in Dagenham? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary will be compelled to contribute towards repairs towards the chancel within the church. Is this suitable for conveyancing in Dagenham?
Unless a previous purchase of the premises took place post 12 October 2013 you may assume that conveyancing practitioners handling conveyancing in Dagenham to remain recommending a chancel search and or chancel repair liability insurance.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Dagenham is where the house is located. Can you shed any light on this issue?
Flying freeholds in Dagenham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dagenham you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dagenham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.