I was referred a lawyer who has given a fee calculation of £995 for no completion no fee conveyancing in Chester. I’m looking to sell a Victorian house for £175,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in Chester?
The costs illustration is fractionally on the expensive side. Where you are willing to expend time contrasting quotes you might decrease the fees slightly by as much as £100 plus VAT. That being said, you couldcome to regret opting for an an unknown solicitor. If is important to check that the solicitor can also act for your mortgage company. You can employ our comparison tool to choose a Chester conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Chester.
Completed the sale of my flat in Chester last September but our buyer keeps e-mailing daily complaining that her lawyer needs to hear from mysolicitor. What should have happened now that I have sold?
Post completion of your sale your lawyer is duty bound to deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the purchasers conveyancers. There are no post completion requirements just for conveyancing in Chester.
We wanted to use a conveyancing solicitor in Chester for our home move. Our financial adviser has since notified us that our mortgage company Skipton Building Society won't deal with them. Why is this not regarded as unduly restrictive?
A lender can require an approved solicitor act for it. Borrowers are liable to meet the charges for this. Please make use of our database to find a solicitor to carry conveyancing in Chester on the Skipton Building Society approved list of solicitors.
I opted to have a survey completed on a property in Chester before retaining lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some banks tend not issue a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chester. Conveyancing will be smoother if you use a solicitor in Chester especially if they are accustomed to such properties in Chester.
I today plan to offer on a house that seems to tick a lot of boxes, at a great figure which is making it more attractive. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Chester. Conveyancing solicitors have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Chester ?
The majority of houses in Chester are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Chester so you should seriously consider looking for a Chester conveyancing practitioner and check that they are used to dealing with leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’spermission to conduct alterations. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your lawyer will appraise you on the various issues.
Chester Conveyancing for Leasehold Flats - A selection of Questions you should ask before buying
-
On the whole the outlay for major works are not incorporated into the service charges, albeit that there some managing agents in Chester ask leaseholders to pay into a sinking fund and this is used to offset against major repairs or maintenance. How much is the annual maintenance fee and ground rent? Is the freehold reversion owned jointly by the leaseholders?
My offer on detached house in Chester has been agreed to, the owner does nevertheless have an associated purchase. The sellers have offered on somewhere, although it’s not yet tied up, and has viewings of other apartments booked. I have instructed a nearby conveyancing lawyer in Chester. What do I do now? When should I get the mortgage application with Aldermore going with Aldermore?
It is standard to have concerns where there is an associated chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Chester conveyancing search fees, etc). First, you must ensure that your solicitor is on the Aldermore approved list. Regarding the subsequent phase this very much depends on the uniqueness of your case, desire for this property and on the state of the market. In a rising market the majority of home buyers will apply for the mortgage with Aldermore and pay for the valuation and only if it comes back ok would they ask their property lawyer to proceed with searches.