My previous lawyer has sent a quote for £1350 for no sale no fee conveyancing in Brockley. I’m selling a purpose built house for £300,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Brockley?
The quote is slightly on the steep side. Where you are willing to invest time contrasting fee on a like for like basis you could reduce the fees marginally by as much as £100 plus VAT. On the other hand, you maylive to regret choosing an a cheaper conveyancer. If is important to check the solicitor can act for your lender. Do employ our comparison tool to get a quote a Brockley conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Brockley.
We have rather brash vendors who has suggested a lock out agreement with a payment 6,000. Is it wise to enter into such agreements?
Exclusivity agreements are agreements binding a property seller and prospective acquirer giving the buyer exclusive rights to purchase the premises within an agreed time frame. Essentially, an exclusivity is a document stating that you will have a contract at a later time which is the contract for the actual sale. It is generally utilised for buyer protection though in many situations, the seller may enjoy an upside from such agreements as well. There are numerous positives and negatives to using an agreement but you should to check with your lawyer but note that it may end up incurring more in conveyancing charges. For these reasons these contracts are unusual in relation to conveyancing in Brockley.
We are selling our flat in Brockley. Does the lawyer need to be required to be on the Kent Reliance conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
I am close to exchanging contracts on the sale of our home in Brockley and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Brockley conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a factory type conveyancing firm rather than a conveyancing solicitor in Brockley. We have lived in Brockley for six years we know of no issue. Do we contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Brockley differ for newly converted properties?
Most buyers of new build or newly converted property in Brockley approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Brockley usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Brockley or who has acted in the same development.
I am looking to sell my property. My former solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Brockley if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Brockley. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.