The lawyer who helped my former purchase has sent a quote for just over a thousand pound for no sale no fee conveyancing in Buckhurst Hill. I’m hoping to sell a Victorian property for £200,000. Is this too much? Is it above the norm for conveyancing in Buckhurst Hill?
The estimate does seem a tad overpriced. If you shop around you might get the conveyancing a bit cheaper by perhaps £125. That being said, you couldcome to rue opting for an a cheaper lawyer. If is important to check that the solicitor can also act for your bank. Do make use of our search tool to select a Buckhurst Hill conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Buckhurst Hill.
Can the conveyancing practitioners that are recommend conduct auction conveyancing in Buckhurst Hill?
We know of a few niche practitioners we can put you in touch with those specialising in auction conveyancing. Buckhurst Hill is just one of our locations where our lawyers have a presence.
I am the registered owner of a freehold house in Buckhurst Hill but still charged rent, why is this and what is this?
It’s unusual for properties in Buckhurst Hill and has limited impact for conveyancing in Buckhurst Hill but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
What will a local search tell me concerning the house my wife and I buying in Buckhurst Hill?
Buckhurst Hill conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Onsearch The local search plays a central role in many a Buckhurst Hill conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
How does conveyancing in Buckhurst Hill differ for new build properties?
Most buyers of new build or newly converted property in Buckhurst Hill come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Buckhurst Hill tend to purchase the land, 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 Buckhurst Hill or who has acted in the same development.
I was advised by a few estate agents in Buckhurst Hill to locate a conveyancer on your site. Is there a financial incentive for Estate Agents to promote your site ahead of a competitor’s?
We refuse to offer any financial incentive for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.