The solicitor who helped my former purchase has given a fee calculation of £1200 for leasehold conveyancing in Tintagel. I’m selling a purpose built property for £300,000. Are these estimated fees excessive? Is it above the norm for conveyancing in Tintagel?
The quote is slightly on the expensive side. Where you are prepared to invest time contrasting fee on a like for like basis you might reduce the fees slightly by as much as £125. On the other hand, you maycome to rue choosing an an unknown solicitor. Remember to ensure the solicitor can act for your mortgage company. You can employ our search tool to find a Tintagel conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Tintagel.
The Tintagel conveyancing solicitors that I recently instructed on my house acquisition in Tintagel have without warning closed. I chose them because I had to have a firm on the Santander conveyancing panel and my previous Tintagel lawyer was not. I paid them £170 on account. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
Have completed on a a semi-detached house in Tintagel , how long will it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Tintagel conveyancing solicitor has been very slow, so I want to check the registration formalities are concluded.
As far as conveyancing in Tintagel registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any other parties. Currently approximately 80% of such applications are fully dealt with in less than three weeks but some can be subject to protracted hold-ups. Registration is effected after the new owner is living at the premises therefore an expedited registration is not typically primary concern yet if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Tintagel is the location of the property. What do you suggest?
Flying freeholds in Tintagel are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Tintagel you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tintagel may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I was recommended by numerous property agents in Tintagel to choose a property lawyer on your site. What’s the financial incentive for Estate Agents to offer your site over another?
We don’t make any commission for sending work to this site. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.