I was referred a conveyancer who has quoted £995 for freehold conveyancing in Kingston. I’m selling a Edwardian property for £150,000. Are the quoted fees excessive? Is it above the average fee for conveyancing in Kingston?
The quote is slightly on the expensive side. If you are willing to spend time scrutinising costs you might shave off some of the cost by say a hundred pounds. On the other hand, you couldcome to rue opting for an an untested solicitor. Remember to check the firm can act for your lender. You can employ our comparison tool to get a quote a Kingston conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Kingston.
My Conveyancer in Kingston is not listed on the Conveyancing Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are excluded from the approved list?
Your options are as follows:
- Complete the purchase with your preferred Kingston solicitors but will need to retain a lawyer on their panel. This will result in additional total legal fees and result in frustration.
- Get a new solicitor to to deal with the conveyancing, remembering to check they are Convince your lawyer to do everything within their powers to join the conveyancing panel
I am the sole recipient of my late grandmother’s will and I have everything in my name alone, including the my former home in Kingston. The Kingston property was put into my name in . I plan to dispose of the property. I do know about the CML 6 month 'rule', meaning my property ownership could be regarded the same way as if I'd bought the house in . Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How practical a view lenders take of it, depend on the bank as this requirement is principally there to pick up on subsales or the wholesaling and assigning of properties.
Is it the case that all Kingston CQS (Conveyancing Quality Scheme) solicitors are on the conveyancing panel?
Some major lenders now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
We previously instructed conveyancers locally in Kingston on the solicitor approved list. They are now charging me a further fee for handling the mortgage. Is this an additional conveyancing fee specified by ?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your may levy a fee for this. The fee is not set by but by your Kingston . Some firms on the panel will levy ’dealing with mortgage’ fee but many practices include it on their overall fee.
I am downsizing from our property in Kingston and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Kingston. We have lived in Kingston for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
The estate agent has sent us the confirmation of our purchase of a new build flat in Kingston. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Kingston
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
There must be mutual enforceability of lessee’s covenants.
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?