The lawyer who dealt with my former purchase has sent a quote for £1400 for fixed fee conveyancing in Grove Park. I am looking to sell a purpose built detached home for £150,000. This seems overpriced. Is it above what I should be paying for conveyancing in Grove Park?
The costs illustration is slightly on the steep side. If you shop around you may be able to reduce the fees marginally by as much as £125. On the other hand, you maylive to regret opting for an an unknown solicitor. If is important to ensure that the firm can also act for your lender. Do utilise our search tool to find a Grove Park conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Grove Park.
We note that you have a post code search directory identifying firms on the Lloyds conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Grove Park?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Grove Park.
My lawyer has informed me that flying freehold insurance is necessary on my purchase. What is the level of cover for Grove Park conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Birmingham Midshires and The Mortgage Works. Conveyancing practitioners as opposed to borrowers take out such insurances.
We are getting a further advance on our mortgage from Aldermore as we intend to conduct a loft conversion to our property in Grove Park. Do we need to choose a nearby Grove Park solicitor on the Aldermore conveyancing panel to handle the paperwork?
Aldermore do not ordinarily instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.
About to purchase flat in Grove Park. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Grove Park lawyer is on the UBS conveyancing panel.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Grove Park and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial tenants, giving them the right to apply to court for a new lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Grove Park is one of our hundreds of areas of the UK in which the firms we work with are located
Is it best to use a Grove Park conveyancing lawyer in close proximity to the house I am hoping to buy? We have a good friend who can carry out the legal work but they are based 400kilometers drive away.
The primary upside of using a local Grove Park conveyancing firm is that you can drop in to execute documents, present your ID and pester them where appropriate. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and on the whole were happy that should surpass using an unknown Grove Park conveyancing lawyer solely due to them being Grove Park based.
When it comes to my conveyancing in Grove Park should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Grove Park conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the solicitor's time in submitting the funds this way.