Recently been in touch with my conveyancing solicitor in St Leonards On Sea who acted for me 18 months ago asking for a conveyancing estimate based on an identical type of house move (a leasehold property and a freehold premises) of almost identical values with a mortgage from Virgin Money. I am now being quoted double. Should I look for an alternative property lawyer?
The quote is slightly on the expensive side. Where you are willing to spend time contrasting charges you might trim some of the expense by as much as £100 plus VAT. That being said, assuming were happy with the service the firm provided you mightlive to rue opting for an a cheaper solicitor. If is important to ensure that the firm can also act for Virgin Money. You can utilise our search tool to find a St Leonards On Sea conveyancing firm on the Virgin Money member panel, which can often include conveyancing solicitors in St Leonards On Sea.
It is 10 years ago since I acquired my property in St Leonards On Sea. Conveyancing solicitors have now been retained on the sale but I am unable to track down the deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by your lender or they could stored with the solicitor who oversaw your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in St Leonards On Sea relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to use a high street conveyancing solicitor in St Leonards On Sea?
You should check but the chances are that appoint one of their panel conveyancers should you accept the "fee-free" offer. Speak to the lender to check if they make available a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in St Leonards On Sea.
I am buying a property and the lawyer has mentioned Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this really warranted for conveyancing in St Leonards On Sea
Unless a previous acquisition of the house took place after 12 October 2013 you can expect conveyancing practitioners delivering conveyancing in St Leonards On Sea to remain encouraging a chancel search and or insurance against a claim.
When it comes to my conveyancing in St Leonards On Sea should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some St Leonards On Sea conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.