Our family lawyer has given a fee calculation of just over a thousand pound for freehold conveyancing in Childs Hill. I’m selling a purpose built property for £125,000. Are these conveyancing fees excessive? Is it above the norm for conveyancing in Childs Hill?
The charges are a tad high. If you shop around you may be able to trim some of the cost by say £100 plus VAT. On the other hand, you maycome to regret choosing an an untested lawyer. Don't forget to ensure the firm can represent your bank. Do employ our search tool to get a quote a Childs Hill conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Childs Hill.
My husband and I swapping mortgage lender for our apartment in Childs Hill with Santander. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is repossessed. I have a couple of questions (1) Is this document specific to the Santander conveyancing panel as he did not need to sign this form when we remortgaged 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Santander. This is solely used to protect Santander if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Santander had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Can your site be used to recommend a Conveyancing solicitor in Childs Hill even if I’m not purchasing or disposing of a house, for example if I intend to buy a shop in Childs Hill with a mortgage from Platform Home Loans Ltd?
Our search tool is primarily there to select residential conveyancing solicitors in Childs Hill but we have listed at the end of this page a selection of Childs Hill commercial conveyancing firms. You will need to make contact with the firm directly to check if they can also act for Platform Home Loans Ltd
How does conveyancing in Childs Hill differ for newly converted properties?
Most buyers of new build or newly converted property in Childs Hill contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Childs Hill usually acquire the site, 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 Childs Hill or who has acted in the same development.
In surfing the world wide web for the words on line conveyancing in Childs Hill it brings up numerous solicitorsin the area. How do I determine which is the right conveyancer for my move?
The best method of choosing a suitable conveyancer is through a personal recommendation, so ask colleagues and relatives who have purchased a property in Childs Hill or the local estate agent or mortgage broker. Charges for conveyancing in Childs Hill vary, so it's a good idea to secure a minimum of four fee calculations from varying types of solicitors. Make sure that you clarify that the charges are assured not to rise.
My partner is purchasing a leasehold apartment in Childs Hill. Conveyancing estimates are coming in at around £1650. Is that in the right ballpark?
The average fee in 2014 for conveyancing in Childs Hill was £1,395 not including SDLT and HMLR charges.