My previous solicitor has sent a quote for £1200 for no sale no fee conveyancing in Rowley Regis. I am hoping to downsize from a modern property for £225,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Rowley Regis?
The estimate does seem a tad overpriced. If you are content to expend time scrutinising prices you might get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you mightcome to rue choosing an an unknown conveyancer. Don't forget to enquire that the solicitor can represent your lender. You can use our comparison tool to get a quote a Rowley Regis conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Rowley Regis.
My fiance and I are purchasing a newbuild apartment in Rowley Regis with a residential mortgage from Coventry Building Society.We would like to retain our Rowley Regis conveyancing solicitor but Coventry Building Society says he's not on their "panel". It seems we are left with no choice but to instruct a Coventry Building Society panel firm or keep our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage issued to you contains terms and conditions, one of which will be that lawyers will be on the Coventry Building Society approved list. Until recently, most lenders had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Coventry Building Society
It has been 2 months following my purchase conveyancing in Rowley Regis concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey done on a house in Rowley Regis in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will refuse to issue a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Rowley Regis. Conveyancing will be smoother if you use a solicitor in Rowley Regis especially if they are accustomed to such properties in Rowley Regis.
Is it possible to transfer to a new firm as I have to select one who is on the Aldermore conveyancing list. I instructed a local conveyancing solicitor in Rowley Regis five minutes from me but he is not approved by Aldermore
We will our best to assist in finding you a conveyancing solicitor in Rowley Regis on the Aldermore panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Rowley Regis. In making use of search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Rowley Regis.
I happen to be an executor of my recently deceased mum’s Will, with a bungalow in Rowley Regis which will be sold. The bungalow has never been registered at the Land Registry and I'm advised that some purchasers will insist that it is completed before they'll proceed. What's the mechanism for this?
In the situation you refer to it seems sensible to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.