Our family solicitor has sent a quote for just over a thousand pound for freehold conveyancing in Custom House. I am selling a Victorian property for £225,000. This seems over the top. Is it above the average fee for conveyancing in Custom House?
The quote is fractionally on the expensive side. If you shop around you might shave off some of the cost by as much as £100 plus VAT. That being said, you maylive to regret opting for an an unknown conveyancer. If is important to ensure that the firm can represent your bank. Do use our search tool to choose a Custom House conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Custom House.
We note that you have a search directory listing firms on the Co-operative conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Custom House?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Custom House.
Me and my partner are buying a flat in Custom House. I might seem paranoid but how we can trust a lawyer? At some point we have to put money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My wife and I buying a 4 bedroom semi-detached house in Custom House. The intention is to convert the garage to a playroom at the house.Will legal work on the property involve investigations to see if these alterations are allowed?
Your solicitor should check the deeds as conveyancing in Custom House will on occasion identify restrictions in the title documents which prohibit categories of alterations or require the consent of another owner. Many additions call for local authority planning permissions and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
I have decided to exercise my right to buy my property in Custom House off the council. I have a mortgage offer with HSBC. Conveyancing is not something I have any knowledge of. 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 HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
Will our solicitor be asking questions concerning flooding during the conveyancing in Custom House.
The risk of flooding is if increasing concern for lawyers dealing with homes in Custom House. There are those who acquire a property in Custom House, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not best placed to impart advice on flood risk, but there are a various checks that may be undertaken by the buyer or by their solicitors which can give them a better appreciation of the risks in Custom House. The standard information given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a standard inquiry of the owner to discover if the property has suffered from flooding. If the premises has been flooded in past which is not disclosed by the vendor, then a buyer could bring a compensation claim as a result of such an inaccurate reply. A purchaser’s conveyancers should also order an enviro report. This will disclose whether there is any known flood risk. If so, further inquiries should be made.
I have been on the look out for a leasehold apartment up to £195,000 and found one close by in Custom House I like with open areas and station in the vicinity, however it's only got 61 remaining years left on the lease. There is not much else in Custom House for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the shortness of the lease may be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
New build sellers have recommended to me a lawyer and I've obtained an estimate from them. It's nearly three hundred pounds cheaper than my family Custom House conveyancer. What's the catch?
Housebuilders frequently have lists of lawyers who are quick and who know the seller’s contract and conveyancer. As many developers offer an inducement to select their approved lawyer for this reason, any increased charges can be avoided and a developer will not recommend a conveyancing factory and run the risk of having the conveyancing delayed when they require an exchange in 28 days. The argument for not agreeing to use the suggested solicitor is that they may prove reluctant to 'push' your interests at the risk of alienating the housebuilder. If you worry that this may be the case you should keep with your high street Custom House solicitor.