My previous conveyancer has quoted £1700 for fixed fee conveyancing in Somerton. I am selling a Victorian detached home for £175,000. This appears too much. Is it above the norm for conveyancing in Somerton?
The estimate does seem marginally steep. If you shop around you could get the conveyancing a bit cheaper by perhaps £125. That being said, you mightlive to regret choosing an an untested lawyer. Don't forget to ensure the conveyancer can also act for your lender. You can utilise our comparison tool to choose a Somerton conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Somerton.
The Somerton conveyancing firm handling our Somerton conveyancing has uncovered a discrepancy between the surveyor’s assumptions in the home valuation survey and what is revealed within the legal papers for the property. My lawyer says that he must check that the lender is OK with this discrepancy and is content to go ahead. Is my conveyancer’s stance correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
What is the best way to discover of the solicitor handling my conveyancing in Somerton is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Birmingham Midshires thus spending £187.00 plus VAT in further conveyancing costs.
Please do make the most of the search tool on this web page. Pick the mortgage company and type ‘Somerton’ or your location and you will discover numerous conveyancers based in Somerton or near you.
This question may be naive but I am unseasoned as FTB of a ground floor flat in Somerton. Do I collect the keys to the property on completion from my solicitor? If so, I will use a local conveyancing solicitor in Somerton?
On the day of completion you do not need to go to the conveyancers office in Somerton. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s lawyers, and once they have received this, you will be invited to receive the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
How can we know in advance if a Somerton conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Somerton obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor carrying out your transaction.
We are getting the release of further funds on our home loan from Yorkshire BS as we want to carry out alterations to our property in Somerton. Do we need to select a local Somerton solicitor on the Yorkshire BS conveyancing panel to deal with the legals?
Yorkshire BS do not ordinarily appoint a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
I have been on the look out for a ground for flat up to £195,000 and identified one near me in Somerton I like with a park and station nearby, however it only has 61 remaining years left on the lease. There is not much else in Somerton suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.