The conveyancer who assisted with my last purchase has given a fee calculation of £1400 for fixed fee conveyancing in Camberley. I am looking to sell a Georgian property for £275,000. This seems overpriced. Is it in excess of the average fee for conveyancing in Camberley?
The quote is fractionally on the expensive side. If you shop around you might shave off some of the expense by as much as £100 plus VAT. On the other hand, you mightlive to regret opting for an a cheaper lawyer. Remember to check the conveyancer can also act for your lender. Do make use of our search tool to find a Camberley conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Camberley.
Please explain the implications if my solicitor is removed from the Aldermore Solicitor panel ahead of completing my conveyancing in Camberley?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
When it comes to mortgage companies such as UBS, do Camberley solicitors face an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We are getting the release of further funds on our home loan from Aldermore as we wish to conduct renovations to our home in Camberley. Are we obliged to appoint a local Camberley solicitor on the Aldermore conveyancing panel to handle the paperwork?
Aldermore don't usually instruct a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore conveyancing panel.
After months of negotiation I have agreed a price on an apartment in Camberley. My financial adviser pressured me to appoint their conveyancing practitioner. I paid an upfront payment of £150. Shortly after, the conveyancer contacted me embarrassingly acknowledging that they were not on the HSBC 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 HSBC 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.
It has been three months following my purchase conveyancing in Camberley took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Camberley is the location of the property. Can you shed any light on this issue?
Flying freeholds in Camberley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Camberley you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Camberley 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 purchased a property in Camberley last 25/10/2024 and to date it is still not recorded with the Land Registry. It is part of a development site and my conveyancer told me that it can take twelve months to register. I have spoken with HM Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. What can I do?
It is your property lawyer that you must turn to here in order to satisfy any issues which have been raised as part of the registration process for your Camberley property. Normal Camberley conveyancing practice includes an undertaking on the part of the previous owner’s solicitor that they will assist in resolving any question raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.