Our family lawyer has given a fee calculation of £1150 for no sale no fee conveyancing in Bude. I’m hoping to sell a Edwardian detached home for £300,000. Are these conveyancing fees excessive? Is it above the norm for conveyancing in Bude?
The charges are a little high. Where you are prepared to invest time contrasting prices you might get the conveyancing a bit cheaper by as much as £125. On the other hand, you mightlive to regret opting for an a cheaper solicitor. Remember to check the conveyancer can also act for your lender. Do make use of our search tool to locate a Bude conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Bude.
I am need of leasehold conveyancing for an apartment in a relatively new development (6 years built) in Bude. 95% of the properties are already sold. Do I need carry out the neighbourhood searches as part of conveyancing in Bude?
If you are purchasing a property with the assistance of a mortgage, your bank will require some (many) of the searches so you'll have no choice. If not, then Bude conveyancing searches are for you to decide upon. No doubt your conveyancer, will 'advise', perhaps strongly, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Bude.
I had intended to instruct a property lawyer in Bude for our home move. Our broker has since notified us that our mortgage company The Mortgage Works won't deal with them. Why is this not regarded as unduly restrictive?
A lender may require an approved conveyancer act for it. Borrowers are expected to bear the charges for this. Try using our search facility to select a solicitor to conduct conveyancing in Bude on the The Mortgage Works approved list of solicitors.
I am currently in the process of buying my council flat in Bude. I have a mortgage offer with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
After much negotiation I have agreed a price on a house in Bude. My mortgage broker suggested a lawyer. I paid an advanced payment of £175. Shortly after, the solicitor called me embarrassingly acknowledging that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told two weeks ago that my mortgage has been agreed to by Clydesdale. Is it usual for Clydesdale to only issue the offer once my solicitor in Bude is approved on their conveyancing panel? Clydesdale have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Bude I like with open areas and station nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Bude suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I am a sole trader hoping to lease a unit on the high street. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Bude for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Bude, including the sale and purchase of businesses as well as simply property. If you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. As for the charges this will depend on the structure and nuances of the deal. Please provide us with your contact information or email us so that we may supply you with comprehensive commercial conveyancing quote.