I was referred a solicitor who has quoted £1150 for no completion no fee conveyancing in Worcester. I am looking to sell a Victorian property for £275,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in Worcester?
The quote is fractionally on the high side. If you shop around you could trim some of the cost by as much as £125. That being said, you mightcome to rue opting for an an untested solicitor. If is important to check that the firm can act for your bank. Do make use of our comparison tool to get a quote a Worcester conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Worcester.
When it comes to lenders such as Co-operative, do Worcester lawyers face an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
Can you point me to a directory of UBS panel solicitors in Worcester on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable on the web. If you are in need of a Worcester property lawyer on the UBS please make the most of our tool.
I have today made my last payment due on my mortgage with RBS. I assume I don't need a Worcester solicitor on the RBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
I need some fast conveyancing in Worcester as I am under a deadline to complete within 3 weeks. Fortunately I do not need a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not obtaining a home loan you have the choice not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Worcester the following are instances of what can crop up and therefore affect market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
Over the last few months I have been searching for a ground for flat up to £245,000 and found one close by in Worcester I like with a park and station nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in Worcester for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
I am a couple of weeks into a leasehold purchase having been recommend to a firm by the estate agent to do our conveyancing in Worcester. I am not happy. Can you help me find new conveyancers?
They would need to be really bad to suggest changing them. Has your mortgage been generated? In the event that it has you will need to advise them of the new contact details and get the loan are re-sent. Your solicitor ideally needs to be on the banks approved list to avoid supplemental charges and delays. So that should be your starting point. Our search tool can help you find a bank approved lawyer for your home move in Worcester