I was referred a conveyancer who has quoted £1700 for fixed fee conveyancing in Buckhurst Hill. I am hoping to sell a Georgian property for £200,000. Are the quoted fees excessive? Is it above what I should be paying for conveyancing in Buckhurst Hill?
The estimate does seem a tad steep. Where you are happy to invest time contrasting quotes you might get the conveyancing a bit cheaper by perhaps £125. On the other hand, you mightlive to regret opting for an an untested conveyancer. Don't forget to check that the firm can also act for your lender. Do employ our search tool to choose a Buckhurst Hill conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Buckhurst Hill.
Me and my partner are due to complete on the purchase of a property in Buckhurst Hill but as a result of damage from a small fire at the property I have was able negotiate compensation from the seller in the sum of £3k taking the form of a adjustment in the price. This was going to be dealt with as part of a side agreement yet Co-operative are not allowing this. Should they have been involved?
Your property lawyer being on the Co-operative approved list is obliged to inform Co-operative of any variations to the sale price. If you were to refuse your solicitor to notify the price change to Co-operative then they would have to discontinue acting for you. In addition, Co-operative and you would have to appoint a new property lawyer for your conveyancing in Buckhurst Hill.
Finally the sale completed on my house in Buckhurst Hill last June but the buyer keeps telephoning daily complaining that their conveyancer is waiting to hear from mylawyer. What should my lawyer have done now that I have sold?
After completion of your disposal your lawyer should deliver the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also confirm that the mortgage has been discharged to the buyers lawyers. There is unlikely to be post completion requirements just for conveyancing in Buckhurst Hill.
I am intent on selling our house in Buckhurst Hill and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any high street Buckhurst Hill lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing practice as opposed to a conveyancing solicitor in Buckhurst Hill. We have lived in Buckhurst Hill for 5 years we know that this is a non issue. Do we contact our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor 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 sickness)
Are there restrictive covenants that are commonly identified during conveyancing in Buckhurst Hill?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Buckhurst Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in Buckhurst Hill I like with amenity areas and station nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Buckhurst Hill in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.