My family solicitor has quoted £995 for fixed fee conveyancing in Dorset. I’m looking to sell a modern house for £250,000. Is this overpriced? Is it in excess of the norm for conveyancing in Dorset?
The costs illustration is slightly on the high side. If you are prepared to invest time scrutinising fee on a like for like basis you may be able to shave off some of the cost by perhaps a hundred pounds. On the other hand, you maycome to regret choosing an an untested conveyancer. If is important to check that the conveyancer can also act for your mortgage company. Do utilise our comparison tool to locate a Dorset conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Dorset.
My conveyancer has uncovered a a legal deficiency with the lease for the flat we are purchasing in Dorset. The seller’s lawyers have suggested defective title insurance as a solution. We are content with insurance and will pay for it. Our solicitor says that he must be satisfied that the bank is willing to move forward with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your property lawyer will have no choice but to discontinue acting for you.
Do lenders provide you with an approved list of Dorset conveyancing solicitors? How do you know who is on the HSBC conveyancing panel?
Dorset conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
Having had my offer accepted I require leasehold conveyancing in Dorset. Before I get started I want to be sure as to the remaining lease term.
If the lease is registered - and 99.9% are in Dorset - 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 Dorset - A selection of Questions you should ask before buying
Make sure you investigate if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being permitted in in a block in Dorset. If you love the flatin Dorset yet your cat is not allowed to move with you then you have a very difficult decision. Generally speaking the outlay for major works tend not to be incorporated into the maintenance charges, although there some managing agents in Dorset require leasehold owners to contribute towards a sinking fund and this is used to offset against larger works. Who takes responsibility for maintaining and repairing the building?
How much experience do your Dorset conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Dorset conveyancing lawyers help thousands of buyers move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Dorset conveyancers have worked on recent similar matters.