The lawyer who dealt with my previous purchase has given a fee calculation of £1350 for no sale no fee conveyancing in Salford. I am looking to sell a Victorian house for £225,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Salford?
The estimate does seem a tad steep. If you shop around you might get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, you couldlive to regret choosing an an unknown solicitor. Don't forget to ensure that the solicitor can represent your mortgage company. Do use our search tool to choose a Salford conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Salford.
My wife and I are purchasing a house in Salford. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am assisting my step-mother sell her flat in Salford. Will the conveyancer commission the energy assessment or it is for me to see to?
After the demise of Home Information Packs, EPC’s became a mandatory component of moving house. An energy assessment must be commissioned prior to the property being put on the market. It is not something that law firms normally arrange. If you are instructing a Salford conveyancing solicitor they might help arrange energy performance certificates due to their relationships with reputable Salford assessors
I currently have a mortgage with Barclays for my property in Salford. Conveyancing was finalised some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Barclays?
Barclays must be informed of your intention before renting your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. You need not do this via a Barclays conveyancing panel firm.
I need to find a conveyancing solicitor for sale conveyancing in Salford. I have stumble across a web site which seems to have the perfect answer If it is possible to get all formalities done via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am hoping to exchange soon on a garden flat in Salford. Conveyancing lawyers assured me that they are sending me a report tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Salford should include some of the following:
Ground rent - what is due and when is collected, and also know whether this is subject to change You must be advised what constitutes a Nuisance in the lease What options are open to you if another leaseholder in the building is in violation of a provision in their lease? Whether your lease has a provision for a sinking fund?
I inherited a leasehold flat in Salford, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Salford with a long lease are worth £197,000. The ground rent is £55 charged once a year. The lease terminates on 21st October 2075
With only 55 years left to run we estimate the price of your lease extension to span between £31,400 and £36,200 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.
My conveyancer in Salford has informed me that he requires personal identification documents asserting that this is part of his obligations as a solicitor on the bank Conveyancing panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not unique to conveyancing in Salford