Our family lawyer has sent a quote for £1400 for fixed fee conveyancing in Cardiff Bay. I’m hoping to sell a purpose built property for £300,000. Is this expensive? Is it in excess of the average fee for conveyancing in Cardiff Bay?
The costs illustration is slightly on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you maylive to rue choosing an a cheaper solicitor. Remember to ensure that the conveyancer can act for your bank. Do utilise our comparison tool to find a Cardiff Bay conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Cardiff Bay.
Would the conveyancing lawyers listed on your site handle conveyancing in Cardiff Bay by way of an attended exchange?
We do have a number of conveyancing experts who can conduct attended exchanges. You should e-mail us to secure a conveyancing quote and details as to dates.
Why do I have to pay up front for my conveyancing in Cardiff Bay?
If you are buying a property in Cardiff Bay your lawyer will request that you place them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the total price then this should be needed shortly prior to contracts are exchanged. The final balance that is due should be transferred shortly before completion.
I can see plenty of information on this site about conveyancing in Cardiff Bay but what is your top tip for finding the right conveyancer in Cardiff Bay
Do not opt for the lowest Cardiff Bay conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Have just purchased a repossessed house at auction in Cardiff Bay. Conveyancing is required. What are my next steps?
Now that you are legally bound yourself to purchase you should appoint a conveyancing lawyer as a matter of urgency as you are facing a tight a drop dead date to complete the transaction. All auction property will ordinarily have an associated legal pack. This will likely include most,if not all of the documents that your conveyancer will need. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must pass this on to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding in place to complete the transaction on the set completion date.
We had selected solicitors locally in Cardiff Bay on the Coventry BS solicitor approved list. They are now charging me a separate fee for handling the Coventry BS mortgage. Is this an additional conveyancing fee specified by Coventry BS?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your conveyancing practitioner can charge a fee for this. The charge is not set by Coventry BS but by your Cardiff Bay conveyancing practitioner. Numerous firms on the Coventry BS panel will quote ’dealing with mortgage’ fee but many practices include it on their overall fee.
Should our conveyancer be asking questions about flooding as part of the conveyancing in Cardiff Bay.
The risk of flooding is if increasing concern for solicitors dealing with homes in Cardiff Bay. Some people will acquire a property in Cardiff Bay, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not best placed to impart advice on flood risk, but there are a various checks that may be undertaken by the buyer or on a buyer’s behalf which will figure out the risks in Cardiff Bay. The conventional set of property information forms supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the seller to find out whether the premises has suffered from flooding. If the property has been flooded in past which is not revealed by the owner, then a buyer may bring a claim for damages resulting from an incorrect reply. The buyer’s conveyancers will also commission an environmental report. This should disclose whether there is a recorded flood risk. If so, further investigations will need to be made.
The deeds to my property are lost. The solicitors who handled the conveyancing in Cardiff Bay 4 years ago have long since closed. What do I do?
You no longer need to have the physical original deeds to establish that you own the land or property, given that the Land Registry have everything they need in a digital format.