Just contacted my conveyancing lawyer in Clerkenwell who conducted the legals 18 months ago requesting a conveyancing costs illustration based on the same type of house move (a leasehold property and a freehold premises) of similar values with a mortgage from Birmingham Midshires. I am now being quoted double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The estimate does seem a little on the high side. If you are prepared to invest time contrasting prices you could reduce the fees slightly by as much as £125. That being said, providing that you were pleased with the conveyancing the firm offered you mightlive to rue opting for an an untested conveyancer. Don't forget to ensure that the firm can also act for Birmingham Midshires. You can make use of our search tool to select a Clerkenwell conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Clerkenwell.
We are planning to acquire a property and require a conveyancing solicitor in Clerkenwell who is on the HSBC approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Clerkenwell.
There are a variety of conveyancing solicitors in Clerkenwell but how do I know who's good?
We would encourage you not to base your choice on the cheapest Clerkenwell conveyancing fees. You really do get what you’re paying 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.
We previously appointed conveyancing lawyers with offices in Clerkenwell on the HSBC solicitor approved list. They have just invoiced me a further sum for handling the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor can charge a fee for this. This charge is not set by HSBC but by your Clerkenwell lawyer. Numerous firms on the HSBC panel will charge ’dealing with mortgage’ fee but some practices include it on their overall fee.
I am currently in the process of buying my council flat in Clerkenwell. I have a mortgage agreed with Lloyds. 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 Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
How does conveyancing in Clerkenwell differ for new build properties?
Most buyers of new build residence in Clerkenwell contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Clerkenwell tend to purchase the land, 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 used to new build conveyancing in Clerkenwell or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Clerkenwell I like with amenity areas and railway links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Clerkenwell for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the shortness of the lease may be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension 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 lawyer regarding this.
In my capacity as executor for the estate of my aunt I am selling a residence in Neath but I am based in Clerkenwell. My conveyancer (based 200 miles from merequires that I sign a statutory declaration prior to completion. Can you recommend a conveyancing solicitor in Clerkenwell who can attest this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Clerkenwell based