My family solicitor has quoted £995 for no move no fee conveyancing in Ascot. I’m selling a Georgian detached home for £125,000. This appears too much. Is it above the norm for conveyancing in Ascot?
The costs illustration is slightly on the steep side. If you shop around you may be able to reduce the fees marginally by perhaps £125. On the other hand, you maycome to regret choosing an an unknown solicitor. Don't forget to ensure that the conveyancer can represent your lender. Do use our search tool to choose a Ascot conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Ascot.
Due to complete my purchase in Ascot next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the lender. What does the insurance need to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These requirements are not unique to conveyancing in Ascot.
My lawyer in Ascot is not listed on the Barclays Direct Conveyancing Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are excluded from the Barclays Direct approved list?
Your options are as follows:
- Carry on with your preferred Ascot solicitors but Barclays Direct will need to retain a conveyancer on their panel. This will inevitably rack up the total conveyancing fees and cause delays.
- Find a new solicitor to act in the purchase, obviously checking they are Barclays Direct approved.
- Try to convince your Barclays Direct solicitor to try to join the Barclays Direct panel
I used Stirling Law several years ago for my conveyancing in Ascot. I now require my file but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Ascot of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm converting the mortgage on my primary home to a BTL mortgage with Lloyds TSB Bank and I will use the ballance of the raised equity as a deposit on another property. The area we are looking at is Ascot. Will your solicitors be able to act for both sets of banks and tie in the transactions?
Do use our comparison tool on this page to ensure that the conveyancers are on the relevant lender panels. On the basis that they are the lawyer will be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make apparent your expectations and needs.
Is there a difference between surveying and conveyancing in Ascot?
Conveyancing - in Ascot or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re buying and will help you discover the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to fix the defects prior to you complete your move.