My family solicitor has given a fee calculation of £1350 for no sale no fee conveyancing in Roker. I’m looking to sell a Edwardian property for £150,000. This sounds overpriced. Is it in excess of what I should be paying for conveyancing in Roker?
The quote is slightly on the high side. If you are happy to expend time contrasting quotes you may be able to get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, you couldlive to rue choosing an a cheaper conveyancer. Remember to ensure the firm can also act for your bank. Do use our comparison tool to locate a Roker conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Roker.
My wife and I are approaching an exchange on a house in Roker and my parents have transferred the 10% deposit to my lawyer. I am now told that as the deposit has not arrived from me my solicitor needs to disclose this to my mortgage company. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I disclosed to the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
Your conveyancing practitioner is legally required to check with lender to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Roker I like with a park and station nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Roker in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the remaining unexpired lease term will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
How do I identify a Roker solicitor on the Santander conveyancing panel? I drive a motor bike and am prepared to travel upto 20kilometers to meet the conveyancer.
Feel free to make use of the facility on this page. Please select a mortgage company and your location and you will see a number of Roker conveyancing lawyers located nearest you. We have listed some Roker conveyancing firms towards the end of this page and you can ring them to see whether they are on the Santander panel
Should I use a Roker conveyancing practitioner in close proximity to the house I am purchasing? I have an old university friend who can carry out the conveyancing however they are based approximately 350kilometers drive away.
The primary upside of using a local Roker conveyancing practice is that you can visit the firm to execute paperwork, hand in your ID and apply pressure on them where appropriate. They will also have local knowledge which is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were impressed that must trump using an unknown Roker conveyancing solicitor just because they are based in the area.