My previous solicitor has given a fee estimate £1700 for fixed fee conveyancing in Brighton. I am looking to sell a Georgian property for £175,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Brighton?
The costs illustration is slightly on the expensive side. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, you maycome to regret choosing an an unknown solicitor. Remember to check the firm can act for your lender. You can utilise our search tool to find a Brighton conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Brighton.
Is it possible for conveyancing in Brighton to be done in two weeks?
In a situation where the seller is applying pressure for your conveyancing it is advisable to make sure that your solicitor is familiar with the location as they will benefit local connections and intelligence. It is possible that they could have handled previousproperties in the same road. Therefore consider using a Brighton conveyancing lawyer. Second, be sure that the lawyer is on the member panel. It is believed that nearly one in five of Brighton conveyancing transactions are frustrated or derailed after finding out that a purchaser’s solicitor was not on their mortgage lender’s member panel. This can often result in the home move being frustrated by an average of 21 days. It is estimated that this issue affects approximately one hundred thousand home moves every year. Many Brighton conveyancing firms can not act for certain lenders so do check at the outset.
At what point can the exchange of contracts occur in purchase conveyancing in Brighton and am I required to be at the solicitors office?
If you are round the corner to one of the conveyancing solicitors in Brighton you are invited in to sign contracts. That being said, the lender approved solicitors we work with provide a nationwide conveyancing service and give just as detailed and professional a job for you when communicating with you electronically. The executing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the firm to address the formalities at the suitable time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Brighton)to be in the office at the appropriate time.
About to purchase a new build flat in Brighton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Brighton
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, no chain conveyancing. Brighton is where the house is located. Can you shed any light on this issue?
Flying freeholds in Brighton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Brighton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brighton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am purchasing a maisonette with all finances in place. I have provided lawyer with 2 distinct forms of photographic identification, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer acknowledging that the funds are legitimate and that it has come from inheritance and not via illegitimate means.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Brighton conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.