I was recommended to a conveyancer who has given a fee estimate £1200 for freehold conveyancing in Gravesend. I am selling a modern house for £250,000. This seems expensive. Is it above what I should be paying for conveyancing in Gravesend?
The estimate does seem a tad overpriced. Where you are prepared to spend time contrasting prices you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you mightcome to rue opting for an a cheaper lawyer. Remember to check the solicitor can also act for your bank. Do utilise our comparison tool to get a quote a Gravesend conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Gravesend.
My conveyancer has informed me that chancel insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Gravesend?
The right level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Chelsea Building Society. Conveyancing lawyers as opposed to borrowers take out such policies.
We are getting the release of further funds on our home loan from Lloyds as we want to conduct renovations to our house in Gravesend. Do we need to select a high street Gravesend solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds would not normally require a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
We were going to get a OIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Gravesend solicitors on the Aldermore conveyancing panel, or is it better to go independently?
You will need to appoint Gravesend solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
Various web forums that I have come across warn that are the main cause of delay in Gravesend house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Gravesend.
How does conveyancing in Gravesend differ for new build properties?
Most buyers of new build residence in Gravesend contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Gravesend tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Gravesend or who has acted in the same development.
How do I find a Gravesend conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 25kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Gravesend and you will see a number of lawyer located nearest Gravesend. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.