My previous solicitor has quoted £1700 for no sale no fee conveyancing in Thornaby. I am selling a Victorian house for £150,000. This appears overpriced. Is it above the average fee for conveyancing in Thornaby?
The costs illustration is fractionally on the expensive side. If you are prepared to spend time comparing costs you could shave off some of the expense by perhaps £125. On the other hand, you couldlive to regret choosing an a cheaper solicitor. If is important to ensure the solicitor can also act for your mortgage company. You can employ our comparison tool to locate a Thornaby conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Thornaby.
Me and my brother have a renovated Victorian property in Thornaby. Conveyancing lawyer acted for me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thornaby and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Thornaby differ for new build properties?
Most buyers of new build property in Thornaby contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Thornaby tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Thornaby or who has acted in the same development.
What does commercial conveyancing in Thornaby cover?
Thornaby conveyancing for business premises covers a broad array of advice, offered by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I have been recommended a conveyancing solicitor in Thornaby. I need to find out if they are listed on the bank's approved list of lawyers. Can you or the bank confirm if they are on the panel?
It’s a good idea contact your solicitor to check if they are on the bank's panel. If that does not help get in touch with us and we can investigate and revert. Should the firm not be on the bank panel we we can help find a quality conveyancing solicitor in Thornaby on the approved list for your mortgage company.