The solicitor who assisted with my last purchase has sent a quote for £1400 for leasehold conveyancing in Erdington. I’m looking to sell a Victorian property for £175,000. Is this too much? Is it in excess of the norm for conveyancing in Erdington?
The charges are a little high. If you are happy to expend time comparing quotes you could get the conveyancing a bit cheaper by say £125. That being said, you maylive to rue choosing an an unknown conveyancer. If is important to check the conveyancer can also act for your bank. You can employ our comparison tool to get a quote a Erdington conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Erdington.
As I am unsure how the conveyancing bit works what is the most important piece of guidance you can impart concerning purchase conveyancing in Erdington?
You may not hear this from too many lawyers but conveyancing in Erdington and elsewhere in Birmingham is an adversarial experience. In other words, when it comes to conveyancing there is lots of room for conflict between you and others involved in the ownership transfer. E.g., the vendor, property agent and on occasion a bank. Selecting a law firm for your conveyancing in Erdington should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to protect your legal interests and to keep you safe.
We are witnessing a distinct emergence of a "blame" culture- someone has to be at fault for the process taking so long. We recommend that you must always trust your lawyer above the other players when it comes to the legal transfer of property.
My wife and I have a 4 bedroom Georgian property in Erdington. Conveyancing solicitor represented me and Virgin Money. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Erdington 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 mortgage companies. You can also question the situation with the conveyancing solicitor who completed the work.
I'm purchasing a new build house in Erdington with a loan from Barclays . The sellers refused to budge the price so I negotiated 6k of extras instead. The house builders rep suggested that I not reveal to my solicitor about the extras as it may affect my mortgage with Barclays . Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am one month into a freehold purchase having been recommend to conveyancers by the high street agent to perform conveyancing in Erdington. I am not happy. Could you you assist me in finding new lawyers?
They would need to be very poor in order to consider replacing them. Has the mortgage offer been sent? In the event that it has you will need to advise them of the new contact details and get the loan are re-issued. Your new solicitor ideally needs to be on the mortgage company approved list to avoid escalating charges and delays. That should be your first question of the new lawyers. The find a solicitor tool can help you find a bank approved conveyancer for your home move in Erdington
We are thinking of choosing an online lawyer as opposed to a Erdington conveyancing firm. Any advice?
Various benefits exist in having the opportunity to pop in to a local Erdington conveyancing solicitor for example
- signing papers and and when necessary
- getting face-to-face explanations of matters that you need help with
- the ability to raise concerns if things need to addressed
When checking estimates, look out for hidden extras. The majority decent Erdington high street solicitors give an all-inclusive price. Often online agents appear to offer discounted fees, yet have burried 'extras' in the small print.